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2 results for “African banks”

Egypt Floats Banque du Caire in $650m IPO

Egypt raised the equivalent of more than $650 million by floating shares in state-owned Banque du Caire, adding a major bank to the Egyptian Exchange privatisation drive.

Musa Abdullahi2 hrs ago0 min read

Technology

African banks ramp up AI spending despite data and fairness risks

Lenders are using AI for credit, fraud and customer service, but weak data, bias and job displacement raise governance questions.

Chinedu Nwosu0 min read