Absa Wins GEPF Custody Contract to Guard South Africa’s US$215 Billion State Pension Fund
GEPF custody transition confirmed: Absa replaces Standard Bank as custodian of R3.5 trillion, about US$215 billion, in state pension assets.
August 19, 2026Topic
African finance
Gabon’s Bonds Beat the Emerging World on an Audit Nobody Has Seen
Gabon dollar bonds have returned 19.5% in 2026 on an unpublished IMF-backed debt audit, while Senegal's spread widened to 1,541...
August 14, 2026
Dfcu Half-Year Loss: Crane Bank Case in London Wipes Out the Profit
The dfcu half-year loss reached Shs15.8 billion (about US$4.3 million) as Crane Bank legal costs in London swallowed an otherwise...
August 7, 2026
South Africa’s Nedbank Sees Improved Banking Conditions
Nedbank signals improving banking conditions after a broadly flat first half of 2026, supported by easing interest rates, stronger non-interest...
August 4, 2026