Vol 57 No 8 | SIERRA LEONEBANKSFINANCE Africa probes the Panama connection 15th April 2016 The Panama Papers have prompted governments to look more seriously at the costs of trade mispricing and illicit financial flows Following the leak of over eleven million company files from the Mossack Fonseca law firm in Panama on 3 April, many African activists and law enforcement officers have been search... READ FOR FREE
Vol 55 No 6 | AFRICABANKS Ecobank's next act 21st March 2014 Albert Essien, the new Chief Executive of Ecobank, told delegates at the Africa CEO Forum in Geneva on 18 March that the bank would relentlessly focus on the future after its recen...
Vol 55 No 6 | TOGOBANKS Tanoh goes as Ecobank cleans house 12th March 2014 Ecobank dismisses Chief Executive Thierry Tanoh and reinstates the sacked whistle-blowing Finance Director In what regional financial experts describe as striking a blow for good governance, on 11 March the board of Ecobank pushed out its Chief Executive Officer Thierry Tanoh, the Ivori...
Vol 54 No 19 | NIGERIABANKS Boardroom battles hit Ecobank 20th September 2013 Tough decisions face one of Africa’s most respected banks: its Chairman and Chief Executive are under scrutiny for claimed malpractice Directors of Ecobank Transnational Incorporated (ETI), Africa’s biggest cross-border lender, are due to hold another emergency meeting on 20 September to resolve the crisis o...
Vol 51 No 20 | AFRICABANKS The IMF asks the 5 billion euro question 8th October 2010 Fund officials in Washington want more reforms at Central Africa's regional bank after uncovering billions of dollars of unauthorised dealings Central African finance ministers will face more awkward questions about fraud at their central bank, the Banque des états de l'Afrique centrale, at the annual meeting of th...
Vol 48 No 8 | AFRICABANKS Economy 13th April 2007 Consolidation and growth As Africa posts its strongest economic growth for two decades on the back of buoyant commodity prices, the continent's banks are also thriving. Recent financial reforms have shaken...
Vol 39 No 7 | BANKS Starting small 3rd April 1998 Bankers are eyeing Africa for signs of the promised economic renaissance African finance ministers are frustrated by the speed at which international financial institutions have moved to help bail out ailing East Asian economies, comparing this to the l...
Vol 37 No 12 | BANKS Toes in the water 7th June 1996 Commercial bankers are getting interested again in financing African trade The risks seem to be growing smaller, the chances of fat short-term profits greater. Commercial banks are cautiously moving into the financing of sub-Saharan Africa's trade, spurre...
Vol 37 No 7 | AFRICABANKS Funding fall-off 29th March 1996 African Development Bank President Morocco's Omar Kabbaj hopes to have reached agreement with donors on a US$2,700 million replenishment for the African Development Fund (ADF 7) ne...