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Zeepay Raises Equity from Leading Institutions to Support Its Ongoing Expansion

This equity investment will support Zeepay in expanding its geographical footprint and in deepening its offering to IMTOs as well as senders and recipients of remittances April 9, 2024/Verdant Capital Africa50 and Oikocredit lead equity investment in Ghanaian fintech Zeepay to support Africa expansion; The investment will support the expansion […]

Zenith Bank FY2023: Sturdy Interest Income Growth, Trading & FX Revaluation Gains Boost Profit

April 9, 2024/CSL Research Zenith Bank’s FY 2023 audited numbers showed a strong 111.9% y/y growth in Interest Income driven by growth in Interest Income on both Net Loans and Investment Securities. Net Loans to Customers grew 63.4% in 2023 full year compared with FY 2022 inclusive of the impact […]

Emerging Markets Are Exercising Greater Global Sway

(Credit: IMF Photo) April 9, 2024/IMFBlog By Nicolas Fernandez-Arias, Alberto Musso, Carolina Osorio-Buitron, Adina Popescu The global economy is increasingly influenced by the Group of Twenty’s large emerging markets. Over the past two decades, these economies have become much more integrated with global markets and are generating larger economic “spillovers” to the rest […]