Ecobank reported an 18 per cent decline in its profit-after-tax to 48.5 billion naira for the first half of the year. As the stock market prices in the result, the bank’s Group CEO, Ade Ayeyemi joins CNBC Africa for more.
There have been concerns over the convertibility of the Central African Franc in recent weeks. The currency is used by six countries in the CEMAC region. Arnold Dublin-Green, Senior Portfolio Manager at Ecobank joins CNBC Africa for more.
With over 30 million Africans living outside of their home countries, migration will play a big role in shaping Africa’s future. This is how it can be used to its advantage.
Norwegian oil exploration company, Aker Energy says its exploration in the Deepwater Cape Three Points block in Ghana has led to the discovery of what may be the biggest oil find in the country. Jubril Kareem, Oil and Gas Analyst at Ecobank joins CNBC Africa to discuss how this find could reposition Ghana’s oil and gas industry in West Africa.
Cote d’Ivoire has issued cocoa export licenses to 68 companies and cooperatives, but one of the country's largest exporters of the commodity is missing from this list. Edward George, Head of Group Research at EcoBank joins CNBC Africa to discuss the cocoa industry in Cote d'Ivoire.
Following the recent collapse of five banks in Ghana, Bank of Ghana governor Ernest Addison is adamant about the state of the banking industry as he revealed that the total assets in the country's banking sector were up 15.7 per cent as at the end of June. Arnold Dublin-Green, Portfolio Manager at Ecobank joins CNBC Africa to discuss the state of Ghana's banking sector.
Oil prices rise as China, U.S. put trade war on hold