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African Countries Say They Support Women’s Rights. But Where’s the Money?

African Countries Say They Support Women’s Rights. But Where’s the Money?

The Maputo Protocol, adopted by the African Union in 2003, was expected to transform the landscape for women’s rights on the continent. Its aim was to set standards and create positive change across a range of areas including violence against women, child marriage, land rights and harmful practices. But 14 years and 37 ratifications later […]

Africa Finance Corp Issues $150 Million Debut Sukuk

Africa Finance Corp Issues $150 Million Debut Sukuk

Africa Finance Corp (AFC) said it issued a three-year $150 million sukuk, becoming the first African government-backed entity to sell an Islamic bond. The announcement confirmed a Reuters report this month that the bank would raise a dollar sukuk through a private sale. AFC, a pan-African institution based in Nigeria, said it received subscriptions of […]

Moroccan Central Bank Approves Five Islamic Banks

Moroccan Central Bank Approves Five Islamic Banks

  Morocco’s Central Bank has approved five requests to open Islamic banks in the country and allowed three French banks to sell Islamic products, it said on Monday. Islamic banks and insurers are setting up in Morocco after new legislation allowed them into the market, and the central bank has set up a central sharia […]

Teach YoungGirls About Money

Teach YoungGirls About Money

I come from a long line of risk-takers, which is ironic since my family was in the business of managing risk: banking. My great-grandfather came to America when he was 21 years old to build a better life. He went from being a door-to-door salesman to building a textile business and owning his own factory. […]

Robbers Attack Delta Workers, Cart Away N1.6m

Robbers Attack Delta Workers, Cart Away N1.6m

Suspected robbers on Wednesday attacked some workers of the Delta Broadcasting Service, Warri, and carted away about N1.6m meant for the payment of salaries of casual workers and security personnel of the station. It was gathered that the incident happened on Energy Road, near Ogunu Bridge, at about 2.45pm, while the workers were returning from […]

South Africa’s Rand, Stocks Weaker After Hawkish Fed Comments

South Africa’s Rand, Stocks Weaker After Hawkish Fed Comments

South Africa’s rand retreated for a third consecutive session on Friday to its weakest level in a week against the dollar while stocks also fell, both assets pressured by signs the U.S. central bank could still lift rates this year. By 1600 GMT the rand had slid 0.9 percent to 13.5065 per dollar, following a […]

Tanzania Hands Out Cash To Help Its Very Poorest Kickstart Businesses

Tanzania Hands Out Cash To Help Its Very Poorest Kickstart Businesses

Tatu Mtulya looks older than her age. Her sun-parched skin and the repairs to her well-worn dress say it all. She is poor. The 49-year-old single mother lives in a grass-thatched house with her four children in a village next to a highway in Tanzania’s northern Muheza district. She is among thousands of women from […]

Are You Free Of Financial Fear?

Are You Free Of Financial Fear?

If you’re going to have an extraordinary life, you must master your emotions, that is, understand and control them. This is especially true when it comes to money. Because as many of you have learned the hard way, there are consequences when you let emotions run rampant. “The quality of your life equals the quality […]

Raising A Fiscal Family: How To Empower Your kids & Teens To Be Financially Savvy

Raising A Fiscal Family: How To Empower Your kids & Teens To Be Financially Savvy

Many people who are parents today grew up in families where it wasn’t polite to talk about money. Yet with national debt at an all-time high, the average American household carrying over $15,000 in credit card debt, and recent college grads facing the highest student loan debt ever, many parents lack confidence when it comes […]

10 Rules For Teaching Children About Money

10 Rules For Teaching Children About Money

1. When you spend, they are watching. So talk through your shopping choices out loud, showing how you make decisions about what is and isn’t good value. This will make it clear that you don’t buy everything that you might like to have and that, instead, you work out what you can afford. 2. Give […]

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