African Leadership Magazine Blog

Today, many people are earning way more than what they were earning at their first jobs but can’t seem to grasp why they are even in debt. By Tunde Andrews I wrote an article on the privilege of saving for the average Nigerian, and while reading through some of the comments, I noticed one from Ada who felt the article was incomplete as...

By Kristof Eyckmans  Often Africa is left aside when looking for a luxury escape from everyday life. But the continent has a lot to offer, and not only for budget travellers but also for the ones that aren’t shy to spend some cash in return for the most exclusive travel experiences out there. Here are a few of my favourite experiences. Rovos...

The program will support 300 high-performing entrepreneurs with up to 150,000 USD each in zero-interest loans and will provide technical support to spur Africa’s economic recovery. Entrepreneurial Solutions Partners (ESPartners), in collaboration with the U.S. African Development Foundation (USADF) and Ecobank, has launched the African Resilience Initiative for Entrepreneurs (ARIE) – a pan-African initiative to provide financial and technical assistance...

Banque Populaire de Mauritanie (BPM), one of the leading banks in Mauritania, launched a state-of-the-art mobile banking service - Bankily, which has received a positive response from consumers. With banking penetration around 30%, Bankily is helping to modernize banking and payments in Mauritania and encouraging financial inclusion in the country. Bankily is powered by Comviva's mobiquity® Banking Suite. Bankily brings a digital revolution in the...

Having recently acquired Ghana Home Loans Bank (GHL Bank), First National Bank Ghana, FNB receives a long-term loan of $30 million from Deutsche Investitions - und Entwicklungsgesellschaft mbH, DEG. The fund was provided to help the bank to grow its newly acquired asset portfolio. Meanwhile, more funds are being supplied by other European development finance institutions, such as; Finnfund (Finland),...