Libya's House of Representatives accepted the resignation of central bank governor Naji Issa and appointed Fawzi Abukhzam to act as governor. Abukhzam assumed office on 22 October, and the High Council of State backed the appointment while the UN mission called for the bank's independence.
The Kenya Bankers Association's 2025 Total Tax Contribution Report shows member banks paid a record Sh205.58 billion in taxes. Banks distributed Sh402.26 billion in total, with the government taking 51.11 per cent.
The Bank of Industry said it disbursed N644.9 billion to 12,501 businesses in 2025, up 26% from N510.9 billion in 2024. The bank also reported creating or supporting 1.68 million jobs and set a target of N1.35 trillion in annual lending by 2027.
Abbey Bank Plc, formerly Abbey Mortgage Bank, will begin commercial banking operations in November 2026. It plans to use its mortgage expertise to expand into construction finance and related lending.
Safaricom has launched Fuliza Ya Pochi, an overdraft facility for eligible micro-business merchants using Pochi La Biashara wallets. It lets merchants draw credit when business wallets lack sufficient funds.
Central Bank of Egypt data show banks reduced investments in treasury bills and securities by about EGP 482 billion in Q2 2026, to EGP 8.136 trillion. Lending and discount balances rose over the same period.
Saham Bank has launched a private banking and family office offer for wealthy clients, combining wealth management, succession planning and digital tools. It is presented as part of the bank's wider transformation plan.
Bank Al-Maghrib, AMMC, ACAPS and INPPLC adopted a 2027-2028 roadmap to fight corruption in the financial sector. The joint plan sets out coordinated regulatory action.
BNA Bank reported strong deposit collection, rising net banking income and solid capital at end-September 2026. The state-owned lender presented these indicators as the quarter's main highlights.
Sanlam is building an app that brings GoTyme transactional banking, SanlamGoTyme credit, Boost rewards and Sanlam insurance into one offering. The app is positioned as a way to deepen customer relationships across banking and financial services.
BCEAO figures show mobile money transactions reached over 200,000 billion FCFA in 2025, a sharp increase. The report positions mobile money as a central engine of financial inclusion in the WAEMU zone.
Exim Bank Uganda has launched Exim Global Pay with TerraPay, a cross-border payments service for individuals and businesses. The service targets rising demand for international payments from Ugandan customers in trade, education and services.
The CBN warned that failing to return funds mistakenly credited to accounts can attract five to 10 years' imprisonment. Customers may escalate complaints through the CBN's consumer protection channels.
Electronic money transactions in the UEMOA zone reached 219,151 billion FCFA in 2025, up about 40% from roughly 156,900 billion a year earlier. The report covers mobile money activity across the union.
The Reserve Bank and National Treasury have published a draft framework for a synthetic financial centre that lets approved managers run ring-fenced foreign-asset portfolios from South Africa. Reuters reports the framework exempts qualifying vehicles from the 45% offshore investment cap, and the draft is open for public comment.
