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Banking

Acciaioli family

The Acciaioli family, also spelled Acciaiuoli, Accioly, Aciole, Acciajuoli or Acioli was an important Italian noble family from Florence, whose members were the ruling Dukes of Athens.

Banking

Banking in Eritrea

Modern banking in Eritrea started with the arrival of the Italian colonizers. However, from 1974 on (due to the nationalization decided by the Ethiopian Government of Mengistu Haile Mariam), the banking sector became a government monopoly. This situation continued after Eritrea achieved its independence. The Bank of Eritrea is the central bank of Eritrea.

Banking

Banking in Nigeria

The banking industry in Nigeria started during the colonial era with the establishment of Colonial Banks, with the primary aim of meeting the commercial needs of the Colonial Government. The banking system in Nigeria is regulated through the Central Bank of Nigeria. This apex bank started operation on July 1, 1959.

Banking

Banking in South Africa

Banking in South Africa comprises numerous competitive commercial banks (serving both consumers and businesses), private banks, asset management firms, and co-operative financial institutions. Many of these institutions, especially the commercial and private banks, also operate outside the country's borders.

Banking

Banking in South Sudan

Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to oper

Banking

Banking in Tunisia

Banking in Tunisia is a service industry comprising 23 domestic banks of which, are three state owned banks.

Banking

Banking in Uganda

Before Uganda's independence in 1962, the main banks in Uganda were Barclays (UK based); Grindlays (also UK), Standard Bank (South Africa based) and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the Cent

Finance

Cost of living in Namibia

The cost of living in Namibia is higher than some other regional cities in the southern region of the African continent. Namibia imports about 50% of its cereal requirements. Many other items used in daily life also need to be imported. High transportation costs make prices very high and unaffordable. Monopolies in some business sectors causes higher profit booking, which also results in