[East Africa Business Week] Bob Koigi: Investing in women-led businesses

09-30-2022 | 13:58:45
Small and medium-sized enterprises (SMEs) account for an estimated 90% of all businesses in Africa and women own about a third of all registered African SMEs.

Absa Bank Kenya partners with Huawei to build a new digital foundation for branch networks

09-30-2022 | 11:49:03
To meet the digital transformation requirements, Huawei and Absa Bank Kenya's technical team conducted in-depth discussions and surveys.

Ecobank Kenya launches Ellevate Programme to empower women-led businesses

09-30-2022 | 08:27:14
Ecobank Kenya Limited, part of the pan-African Ecobank Group, is launching its flagship Women’s Programme ‘Ellevate’ to empower and support women-led and/or women focused with the financial and value-added solutions that will help their businesses reach their full potential and succeed.

[Nigeria] Unity Bank taps Huawei technology to boost operations

09-30-2022 | 08:21:00
Huawei provided high-performance OceanStor Dorado systems to carry multiple core applications — such as the transaction database — in order to accelerate core data processing and analysis while slashing system latency.

Banque Nationale d’Investissement allouera 186 milliards Fcfa pour la campagne café-cacao 2022/2023

09-29-2022 | 14:04:00
En Côte d’Ivoire, la Banque nationale d’investissement (BNI) dédiera une ligne de crédit de 186 milliards Fcfa (271 millions $) pour soutenir la filière café-cacao au cours de la campagne 2022/2023 qui débutera en octobre prochain.

[Column] Anthony Mwangi: Why Kenya’s inflation adjustment should not be implemented

09-29-2022 | 13:38:13
The Plan demonstrates the government’s deep understanding and commitment to developing sustainable solutions for all. KAM remains committed to working closely with Government to transform the economy.

Afreximbank Trade Payment Services (AfPAY) launched

09-29-2022 | 13:03:00
African Export-Import Bank (Afreximbank) announced the commercial launch of Afreximbank Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade on open account terms on behalf of identified African financial institutions and their clients.

SFD signe un accord de 63 millions de dollars pour financer un projet de développement au Sénégal

09-29-2022 | 12:19:57
Le Fonds Saoudien pour le Développement (SFD) a signé un accord de prêt de développement avec le ministre de l'économie, du plan et de la coopération du Sénégal pour financer le projet de route côtière Dakar-St. Louis, première partie, Dakar-Tivawan, d'une valeur de 63 millions de dollars, présenté par SFD.

PROPARCO and Coronation Merchant Bank Limited signed $20 million trade finance guarantee facility in Nigeria

09-29-2022 | 11:57:32
Proparco announced a $20M Trade Finance Guarantee Facility for Coronation Merchant Bank (CMB). This will enable Coronation Merchant Bank to establish and deepen partnerships with correspondent banks, thereby increasing access to trade finance in Nigeria.

La CDC-CI signe un contrat de coopération avec le CNP-PPP

09-29-2022 | 11:32:00
Dans le cadre de ses activités d’investissements en PPP, la Caisse des Dépôts et Consignations de la Côte d’Ivoire,CDC-CI a signé ce vendredi un contrat de coopération avec le Comité National de Pilotage des Partenariats Public Privé CNP-PPP.

Caisse des dépôts et consignations de Côte d’Ivoire: don de 400 000 dollars de la BAD

09-29-2022 | 11:22:00
Monsieur Lassina FOFANA, Directeur Général de la CDC-CI et Monsieur Ahmed ATTOUT Directeur du Département du Développement du Secteur Financier de la BAD ont procédé à la signature d’un accord de don de la BAD de 400 000 dollars américains en faveur de la CDC-CI.

Afreximbank and the Nigeria Governors Forum to announce the 2nd African Sub-Sovereign Governments Conference

09-29-2022 | 10:56:21
African Export-Import Bank (Afreximbank), in collaboration with the Nigerian Governors Forum (NGF), has announced the second edition of the African Sub-Sovereign Governments Network (AfSNET) Conference set to take place on 30th September 2022 in Abuja, Nigeria.

HSBC partners with Nova Credit to offer customers borderless international credit checking

09-29-2022 | 09:43:00
This partnership will allow HSBC to access the translated credit history of new-to-country consumers as part of their credit applications, upon their permission.

Africa Co-Guarantee Platform partners reaffirm commitment to catalyzing trade and investment

09-29-2022 | 09:40:00
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa.

Transnet-AfDB conference spotlighted the African Continental Free trade Area agreement

09-29-2022 | 09:26:40
The focus of the conference, organized by the African Development Bank and Transnet was building integrated regional freight system(link is external)s to boost intra-African trade and Africa's global trading position.

FEDA announced its first close of US$670 million across four fund strategies

09-29-2022 | 09:10:15
The Fund for Export Development in Africa (“FEDA”), the impact investment arm of the African Export-Import Bank (“Afreximbank”), set up to support intra-African trade growth, value-add export development and industrialization, is pleased to announce its first close of US$670 million across its four fund strategies.

AfDB, Caisse des dépôts sign grant agreement to support micro-enterprises in Côte d’Ivoire

09-28-2022 | 13:27:00
The African Development Bank (AfDB), signed a grant agreement for $400,000 with the Caisse des dépôts et consignations of Côte d'Ivoire (CDC-CI), to accelerate its activities to assist Ivorian small and medium-sized enterprises.

La 2ème édition d'«AFAWA Finance Series» pour les PME détenues et dirigées par les femmes en RDC

09-28-2022 | 13:09:00
a République Démocratique du Congo abrite la deuxième édition d’« AFAWA Finance Series » organisée par la Banque africaine de développement (BAD), en collaboration avec le Fonds africain de garantie (AGF) et l’Association des banquiers de la RDC.

OPEC Fund, TDB deepen cooperation to promote infrastructure development in Africa

09-28-2022 | 12:55:00
The OPEC Fund for International Development and the Eastern and Southern African Trade & Development Bank (TDB) are deepening their cooperation with the OPEC’s Fund’s commitment of debt and equity totalling $40 million.

IFC, Peo Finance Proprietary partner to boost financial inclusion in Botswana

09-28-2022 | 12:39:00
To expand financial inclusion and improve access to loans for low-income borrowers in Botswana, IFC and Peo Finance Proprietary, announced a partnership to help Peo grow and better tailor its lending, including through a new digital system.