Banking & Finance

Growth in African remittances expected to slow

veiw DR CongoGrowth in African remittances is expected to slow due to the sluggish growth in Europe, the impact of weak oil prices in the Middle East, the depreciation of the euro and the tightening of migration controls in many remittance source countries

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President Buhari approves new flexible Forex policy in Nigeria

Central bank nigeria

Nigerian President Buhari has given his go-ahead to the Central Bank’s proposal for a new flexible Forex policy

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UBA to extend footprint across 25 African countries

Tony eleumeluThe Board of United Bank for Africa (UBA) group chairman Tony Elumelu pledged more capital for African growth at the bank's inaugural Senior Leadership forum

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MasterCard and Banco Sol partner in Angola

Kārlis Dambrāns flickr mastercard

MasterCard and Banco Sol have entered a partnership aimed to diversify the Angolan economy

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‘Africa is the new China’

Fotolia 105897608 Subscription XXLSouth Africa-based Standard Bank has partnered with Chinese mobile payment provider Tencent's WeChat Wallet, to use the former’s Pan African banking infrastructure to provide mobile payments throughout Africa

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