Africa Financial Services 

MONEY, PEOPLE & POWER: The 10 bank CEOs who control 80% of Uganda’s banking sector – CEO East Africa

1. Anne Juuko Chief Executive, Stanbic Bank 2019 Asset Value: UGX6.6 trillion Market Share: 20.2 per cent Industry Rank: 1 Stanbic Bank has maintained the top spot in the banking sector ever since the acquisition of a majority stake (80per cent) in Uganda Commercial Bank (UCB) back in 2001. Getting to the top spot was the easy bit – despite the politics around the acquisition. Remaining at the top, ahead of the chasing pack is where all credit is due to the bank shareholders and management that have given the…

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Sierra Leone’s former minister of education Minkailu Bah has died

Dr. Minkailu Bah, who served as minister of education, science and technology in the APC government led by Ernest Bai Koroma,  passed away at his home in Magburaka, Tonkolili district in the early hours of this morning. Dr Bah also served as National Advisory Committee member of the country’s main opposition APC party – the party’s most powerful decision-making organ, as well as Chairman of its Tonkolili District branch, since 2009. In a short statement published this morning, the National Secretary General of the APC party, said: “The All Peoples…

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Sierra Leone signs MoU with Liberia for joint management of Gola Rain-forest National Park

The Governments of Sierra Leone have signed a Memorandum of Understanding (MOU) with Liberia to jointly manage the protection of the Gola Rainforest National Park on Tuesday 18 February 2020 at the C. Cecil Dennis Hall, Ministry of Foreign Affairs, Liberia. Sierra Leone’s Deputy Minister of Agriculture Samking Koihinah Braima, signed on behalf of Sierra Leone, and Liberia’s Foreign Minister Gbezhongar Findley signed on behalf of Liberia. The management agreement is an amended Memorandum of Understanding, which obligates both parties to jointly share the management of the forest, including the…

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Advertising Education Startups Technology 

Digital innovators are trying to plug gaps in Nigeria’s broken education system

There’s an easy way to check how much of a priority education is to the Nigerian government: look at the national budget. Last year, the allocation for education stood at less than 10% of the entire $29 billion budget—much less than the 26% recommendation for developing countries by the United Nations Educational Scientific and Cultural Organisation (UNESCO). Years of perennial underfunding of education has seen infrastructure whittle while teaching standards and quality continue to fall short, especially at government-owned schools. Wise to the shortcomings of the national education system and…

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