Gender gap in access to finance widened to 11% in 2021; BoG committed to closing it

The gender gap in access to finance widened to 11% in 2021, compared with 9% that had persisted since 2017, the Bank of Ghana has revealed. However, the percentage of women accessing finance had increased from 27% in 2011 to 63% in 2021. Speaking on behalf of the Governor of the Bank of Ghana at […]

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Bahrain to host ‘Connect2Innovate Conference’ for Israel and Bahrain business leaders | THE DAILY TRIBUNE

TDT | Manama                       The Daily Tribune – www.newsofbahrain.com    Bahrain will host the inaugural “Connect2Innovate” conference, bringing together business leaders from Bahrain and Israel from 13 to 15. The event will feature government officials, major companies, international organizations, and tech innovators, with a focus on fintech, logistics and supply chains, water, energy, and climate challenges. Israeli […]

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Foreign firms still doing business with Russia

Russian President Vladimir Putin has been boosted by foreign companies continuing to do business in Russia after the invasion of Ukraine. (Photo by Maksim Blinov/Sputnik/AFP via Getty Images) New data from the Kyiv School of Economics has found that 1,717 (56%) of international companies that had ties to Russia at the start of 2022 continue […]

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International Personal Finance FY Pretax Profit Rises

International Personal Finance plc (IPF.L) reported profit before tax of 77.4 million pounds for the year ended 31 December 2022 compared to 67.7 million pounds, prior year. Earnings per share was 24.3 pence compared to 17.8 pence. Pre-exceptional earnings per share increased to 19.8 pence from 17.8 pence. Fiscal year revenue was 645.5 million pounds […]

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5 Senegal based FinTechs transforming the African finance industry

By Leandra Monteiro Today Africa Digital Transformation FinTech Senegal’s tech sector is beginning to grow rapidly. However, the FinTech sector in Senegal is still in its infancy. Things began to change with Wave, a Senegal-based mobile money provider, raising  $200m making it the biggest ever Series A round in Africa. Here are 5 FinTechs in […]

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Business succession – Stabroek News

Older folk perusing the  Business Section (Yellow Pages) of a 1970’s copy of a directory of the former Guyana Telecommunication Corpora-tion (GTC) would probably commence reminiscing about businesses of yore. Smiles might accompany their nostalgic recall of visiting entities which  are no longer around, such as Sandbach, Parker & Co. Ltd, T. Geddes Grant Ltd., […]

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ESAF Bank, V-Guard partners to finance rooftop solar systems, Energy News, ET EnergyWorld

New Delhi: ESAF Small Finance Bank and electric equipment manufacturer V-Guard Industries signed an agreement to provide financing options to customers looking to install solar rooftop power systems. Under the agreement, ESAF Bank will provide various financing options, including loans and attractive installment payment plans, a statement said. With the strategic alliance with ESAF Bank, […]

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Axis Bank completes acquisition of Citibank’s India consumer business

Mumbai-headquartered Axis Bank has completed the acquisition of the India consumer business of the Citigroup-owned foreign bank Citibank for Rs 12,325 crore prior to evaluation of the closing position of Citibank India’s assets, assets under management, and liabilities as of January 31, 2023. Post evaluation, the deal is valued at around Rs 11,603 crore. As […]

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57 SMEs put out of business following CSC-Boustead Beef power cut

More than 50 small and medium enterprises that are renting space from the old premises of the Cold Storage Company were put out of business from last week when the Zimbabwe Electricity Supply Authority cut off power at the Bulawayo abattoir following the failure by CSC-Boustead Beef to pay its power bill. The 57 SMEs […]

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KT and Converge sign MOU for DX business development cooperation in the Philippines

KT announced on February 28 that it has signed a strategic partnership memorandum of understanding (MOU) with Philippine Internet Service Provider (ISP) Converge ICT Solutions INC (Converge) for DX business development cooperation in the Philippines at MWC 2023 Spain. The signing ceremony was attended by KT CEO Koo Hyun-mo (Back right), KT Global Business Head Moon […]

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