The African Export-Import Bank (Afreximbank) announced Fitch Ratings has affirmed the Bank’s long-term Issuer Default Ratings (IDR) at ‘BBB-‘ with a stable outlook.

As part of efforts to ensure a hitch-free movement around the Victoria Island, Lekki Axis, Access Bank commissioned its Oniru road project with the Executive Governor of Lagos State, Babajide Sanwo-Olu.

Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.

Africa Finance Corporation, an infrastructure solutions provider in Africa, has announced the successful issuance of its inaugural CHF150 Million, approximately $162 million.

The OPEC Fund for International Development (the OPEC Fund) approved $100 million in new funding to support development operations in Burundi, Nicaragua and Ghana.

The African Export-Import Bank (Afreximbank) announced the appointment of Constantin von Moltke as Director of Syndications and Agency.

The European Bank for Reconstruction and Development (EBRD) is boosting trade in Morocco with a $20 million trade finance limit to Crédit Agricole du Maroc, a leading local bank.

CDC Group, UK’s development finance institution and impact investor, announced a joint commitment of $90 million in partnership with leading investors, to Greenlight Planet.

The Islamic Development Bank approved $320.56 million in financing to new development projects in water and sanitation, health, roads and women empowerment in Sierra Leone, Burkina Faso, Yemen and Indonesia.

Helios Investment Partners announced the launch of Africa Specialty Risk Group in partnership with Mikir Shah, former CEO of AXA Africa Specialty Risks, and Bryan Howett, former CEO of Old Mutual’s pan-African reinsurance operations.

Pan-African housing development financier Shelter Afrique has entered into a strategic partnership with the World Bank aimed at addressing the affordable housing crisis evident across the continent.

Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.

MFS Africa has announced a partnership with Moroccan mobile money provider inwi money, bringing smooth and affordable international digital money transfers and payments to Morocco.

The Johannesburg Stock Exchange (JSE) has become the first South African stock exchange to list two global ESG focused Exchange Traded Funds (ETFs), the Satrix MSCI EM ESG Enhanced ETF.

The African Development Bank approved a grant of $2.1 million to boost the country’s resilience against climate related shocks and food insecurity.

A Standard Chartered survey finds that COVID-19 is significantly impacting personal finances globally, with one-third (65% in Kenya) already earning less and more than half expecting the pandemic to further affect their income and/or employment.

Banks in Africa must provide mobile payments and other digital services to remain competitive as well as to unlock new business opportunities across sectors such as energy, health care, education and transportation, according to a new report by BCG.

The spread of the COVID-19 pandemic across Africa has seen a surge in digital payments and e-commerce transactions as financial institutions scramble to offer businesses and consumers contact-less ways of spending.

The coronavirus pandemic has increased downside risks to EMEA trade-finance banks' (ETFBs) financial profiles, Fitch Ratings says in a new special report.

From online shopping to financial transactions to e-learning - just about all aspects of life are feeling the march of technology advances.

The euro found strong resistance around the 1.20 level versus the US dollar yesterday, before ending the trading session sharply lower following some contrasting economic news between the US and Euro Area.