Search

Banking

Mauritania’s Sidi Ould Tah Elected President of African Development Bank Amid Funding Challenges

1 min Read Time

Abidjan, Côte d’Ivoire – May 30, 2025 — Mauritanian economist Sidi Ould Tah has been elected as the ninth President of the African Development Bank (AfDB), securing a decisive 76.18% of the vote in the third round of balloting during the bank’s annual meet.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding
Banking

Kenya’s National Treasury Targets Sh149 Billion From Safaricom Shareholding

The Kenyan government has announced plans to sell part of its 34.9% stake in Safaricom, the country’s most profitable company, in a bid to raise...

Read article
Access Bank Completes Acquisition of National Bank of Kenya
Banking

Access Bank Completes Acquisition of National Bank of Kenya

Access Bank has finalized the acquisition of 100% shareholding in the National Bank of Kenya (NBK) from KCB Group, marking a significant development in Kenya’s...

Read article
CBK’s Silent Crisis: Aging Workforce Poses Risk to Financial Stability
Banking

CBK’s Silent Crisis: Aging Workforce Poses Risk to Financial Stability

Behind the Central Bank of Kenya’s (CBK) steady hand on monetary policy lies a ticking time bomb: a rapidly aging workforce that threatens to derail...

Read article
Why silk worm farming, hailed for quick profits, drastically lost its’ shine in Kenya
Banking

Why silk worm farming, hailed for quick profits, drastically lost its’ shine in Kenya

Once hailed as a promising new frontier in agricultural diversification, silkworm farming in Kenya has lost momentum, with many small-scale farmers abandoning the venture due...

Read article
Kenya’s Health Sector Undergoes Major Shift: UHC Staff Payroll Transferred to Counties
Banking

Kenya’s Health Sector Undergoes Major Shift: UHC Staff Payroll Transferred to Counties

In a significant move to enhance the efficiency of Kenya’s healthcare system, the Ministry of Health has announced the transfer of the Universal Health Coverage...

Read article
Equity Bank Sacks 200 Over Ksh1.5 Billion M-Pesa Payroll Fraud in Sweeping Internal Purge
Banking

Equity Bank Sacks 200 Over Ksh1.5 Billion M-Pesa Payroll Fraud in Sweeping Internal Purge

Equity Bank has fired over 200 employees in one of Kenya’s largest internal fraud purges, after uncovering a massive Ksh1.5 billion payroll scam involving M-Pesa...