Republic Bank Ghana meets new BOG minimum capital requirement

Posted by - August 20, 2018

The Republic Bank (Ghana) Limited has met the Bank of Ghana’s new minimum capital requirements ahead of the December 2018 deadline. The BoG, last year announced an increment in the minimum capital requirement of Universal Banks from ¢120 million to ¢400 million. Commercial banks have been given up to December 2018 to meet the new

AirtelTigo announces new appointments

Posted by - August 16, 2018

AirtelTigo has announced the appointment of new executives to the management team. Mr. Emmanuel Adjei, has been appointed Chief Legal & Regulatory Officer. Mr. Adjei has over 17-years working experience as a corporate lawyer with vast expertise in Information Communications Technology (ICT) regulation and compliance. Mr. Prince Sarpong, former IT Services Director assumes the role

Company Launches its all New Alfa P400 Three-Wheeler in Nigeria

Posted by - July 28, 2018

For years, Mahindra has been partnering in the growth story of Africa, offering its range of products across Automotive and Farm Equipment sectors. Mahindra & Mahindra Ltd (M&M Ltd), a part of the US $20.7 billion Mahindra Group, along with it’s Channel Partner – VIP Merchandise Enterprise Ltd., a GeePee Group company – launched its

Uber Unveils New Campaign, Gives Driver –Partner Car Gift

Posted by - July 27, 2018

10 billion trips and still counting… That is the story of Uber. Company celebrates fourth year of operations in Lagos. The global technology brand, Uber, has unveiled its new advert campaign tagged “Moments that Matter.” Also, Mr Banjo Olayemi, one of its driver-partners got a brand-new car from the ongoing Uber’s uberFREEKICK campaign. The presentation

DP World to Build and Operate New Logistics Hub in Mali

Posted by - July 25, 2018

Global trade enabler DP World has signed a 20-year concession with an automatic 20-year extension with the Republic of Mali to build and operate a 1000-hectare modern logistics hub outside of Bamako, the capital and largest city of Mali. The multimodal logistics platform, Mali Logistics Hub (MLH), will have inland container depots (ICD) and Container

Temenos Appoints New Head of Sales for Africa Region

Posted by - July 24, 2018

Temenos (SIX: TEMN, the banking software company, is delighted to announce that Alexandre (Alex) Menage has been appointed as Head of Sales for Temenos in Africa. Alex brings over 15 years of experience in the financial services industry, including numerous business development and managerial roles at Thomson Reuters, where he spent 12 years. Within Thomson

CBN Introduces Two New Non-interest Banking Instruments

Posted by - August 25, 2017

In a bid to aid liquidity management and deepen the financial system, the Central Bank of Nigeria (CBN) has introduced two new financial instruments known as – Funding for Liquidity Facility (FfLF) and Intra-day Facility (IDF), at its window, for access by non-interest financial institutions (NIFIs) under its regulation. The central bank stated this in

StanChart Ghana Appoints 2 New Directors to Its Board

Posted by - August 16, 2017

Standard Chartered has appointed Professor Akua Kuenyehia and Henry Baye as Independent Non-Executive Director and Executive Director respectively, to the Board of the Bank. A communique by the bank said their appointments took effect from July 27, 2017. Commenting on the appointments, Ishmael E. Yamson, Chairman of the Board of the Bank said, “It is