News

NCBA Bank Kenya and Tata Africa Holding in new commercial vehicles financing deal

03-05-2021 | 06:58:48
Under the deal, customers will be able to acquire a Tata range of commercial vehicles with up to 95 percent financing from NCBA Bank for up to 60 months.

VBCE and EMQ team up to expand global payment capabilities

03-05-2021 | 06:52:02
Vancouver Bullion & Currency Exchange (VBCE), a foreign exchange and payment services provider in Canada, has partnered with global financial settlement network EMQ, to provide near real-time cross-border payments and a broader international reach.

Mastercard issues $600m Sustainability Bond

03-05-2021 | 06:42:00
Mastercard announced it has successfully priced a $600 million Sustainability Bond at a fixed rate of 1.90%. This milestone further supports the company’s work to build an inclusive and sustainable digital economy.

Suez Canal Bank selects Temenos to transform digital banking in Egypt

03-05-2021 | 06:11:00
Temenos, the banking software company, announced Suez Canal Bank has selected Temenos Infinity to transform the digital customer experience for its retail and business banking.

Fidelity Bank Ghana and Newgen Software feted for best self-service banking technology implementation in Africa

03-04-2021 | 10:04:43
The Bank is leveraging Newgen's solution for online account opening to enable omnichannel customer onboarding.

African Development Bank approves $27.2m loan to establish Kom Ombo solar power plant in Egypt

03-04-2021 | 06:19:00
The African Development Bank approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile.

[Kenya] Equity Group signs €125 million credit facility with EIB and EU to support SMEs

03-04-2021 | 06:12:00
The facility extends over the entire period of the program’s 5 years, ensuring the matching of long-term investment by SMEs to emerge stronger post the COVID-19 period.

[Zimbabwe] Afreximbank invests $70 million in upgrading Beitbridge border post

03-03-2021 | 14:48:21
The Beitbridge border post upgrade project, which is a public-private partnership, is the first of its kind in Zimbabwe.

[Nigeria] NSE launches e-Filing Portal to enhance securities listing

03-03-2021 | 14:21:00
The Nigerian Stock Exchange (NSE), announced the launch of its e-Filing Portal, X-Filing, to enhance securities listing

Saudi investors show interest in Senegal energy projects

03-03-2021 | 09:50:00
The President of The Union of Service Providers, Industrialists and Merchants of Senegal (UPIC), Amadou Seck, has met with a group of Saudi Arabian investors to discuss new investment opportunities in Senegal.

[Rwanda] $100m entrepreneurship fund open to start-ups

03-03-2021 | 08:48:00
The Tony Elumelu basis opened purposes for the seventh version of its $100 million entrepreneurship programme final week

African Legal Support Facility receives £2.6m from Norway, UK, to boost debt management capacity

03-03-2021 | 06:59:00
The governments of Norway and the United Kingdom have extended grants of around £2.6 million to the African Legal Support Facility (ALSF) to support its activities over the next two years.

African Legal Support Facility receives €6m grant to fund work in low-income countries

03-03-2021 | 06:52:00
The Netherlands Ministry for Trade and Development Cooperation is extending a €6 million grant to the African Legal Support Facility (ALSF), to support the ALSF’s work providing legal and technical services to low-income countries.

AfDB provides $320,535 in grant funding to mainstream gender in ECOWAS’ digital financial operations

03-03-2021 | 06:43:00
The African Development Bank (AfDB) has awarded a grant of $320, 535 to the West African Monetary Agency to mainstream gender in ECOWAS’ core digital financial services (DFS) regulatory frameworks.