Features

Lucky Egypt, Abu Dhabi Bank and Visa launch the Lucky Visa Platinum Credit Card in Egypt

11-25-2021 | 07:21:00
The protocol aims to facilitate obtaining a credit card for customers through the application with simple procedures. If approved, the credit card will be delivered to the customer.

DriveWealth collaborates with fintech startup Chipper Cash to introduce US equities in Uganda

11-25-2021 | 07:18:24
DriveWealth's real-time fractional trading technology and API-based brokerage infrastructure will enable the Ugandan population to gain affordable access to investing in U.S. equities for the first time.

The Ecobank Group secures €100 million credit facility from European Investment Bank to fund SMEs

11-25-2021 | 07:00:00
The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic.

TDB partners with KfW to bolster sustainable economic development in Africa

11-24-2021 | 14:40:25
KfW Development Bank extended a 15-year $100 million infrastructure line of credit to the Eastern and Southern African Trade and Development Bank (TDB), and a €220,000 capacity-building grant to support its implementation.

L'ITFC signe un accord de 40 millions d'euros avec la SONACOS pour financer la campagne arachidière au Sénégal

11-24-2021 | 11:37:00
La Société Internationale Islamique de Financement du Commerce (ITFC), a accordé un financement de 40 millions d'euros à la Société nationale de commercialisation des oléagineux du Sénégal (SONACOS).

[Rwanda] EIB and BRD to provide EUR 30 million for business impacted by COVID-19

11-24-2021 | 08:52:12
New investments by Rwandan companies will benefit from a business financing initiative backed by the Development Bank of Rwanda and the European Investment Bank launched in Kigali.

[Column] Titilayo Adewumi: West Africa’s circular economy efforts at the forefront of fostering a more sustainable future

11-24-2021 | 08:24:00
The vast majority of population growth across the continent will be concentrated in urban areas. WEF data indicates that more than 80% of Africa's population growth between now and 2030 will be in cities, with Lagos growing at a pace of 77 people every hour.

[Kenya] CMA licenses Globetec Asset Managers as fund manager

11-23-2021 | 10:30:00
The Capital Markets Authority (CMA) announced it has licensed Globetec Asset Managers Limited as a fund manager.

The Gambia increases stake in Shelter Afrique with $19,200 additional capital payment

11-23-2021 | 10:18:00
The Government of Gambia has increased its stake in Shelter Afrique after paying $19,218.96 in additional capital, the pan-African housing development financier disclosed.

[Africa Cloud Review] Simon Ngunjiri: Cloud can help financial institutions improve customer experiences

11-23-2021 | 08:12:00
To address the need for capacity and speed, banks and credit unions must look to cloud computing solutions to store data and support applied analytics.

[Column] Dickson Naftali: Amplifying youth voices to grow a food secure future

11-23-2021 | 07:46:21
From a labour-force perspective, 11 million young people enter the job market every year, but only 3.7 million jobs are created to accommodate them.

[Column] Charity Migwi: Climate Action: Pending the 11th hour

11-23-2021 | 07:43:58
As excessive floods, severe drought, and famine continue to be experienced in different parts of the world, global leaders remain largely unfazed as regards making ambitious climate targets.

[South Africa] JIS partners with global investor relations firm Orient Capital to offer investor relations-focused services

11-22-2021 | 12:27:04
Announcing the deal, JSE’s Director for Capital Markets, Valdene Reddy says Orient Capital will provide a broad range of investor relations-focused services including shareholder analytics and shareholder engagement tools for JIS clients.

[Column] Nick Durrant: Personalisation becomes a top commerce priority

11-22-2021 | 09:39:00
Behind every unique data set, is a human being creating digital experiences that transform a company, take data-driven decisions, continued experimentation and constant invention.

FMO partners with Northern Arc Capital to support young, female, migrant and COVID19-affected entrepreneurs

11-22-2021 | 08:41:06
NASIRA is a risk sharing facility provided by FMO for local financial institutions lending to underserved segments.

Afreximbank signs $50 million new debt financing for the Geometric Power IPP Power Project

11-22-2021 | 08:35:21
The facility provided by Afreximbank to Geometric Power Limited will finance the initial capital required to acquire rights to the Aba Ring Fenced Area.

[RDC] L'AfDB accorde plus de 70 Millions de dollars de prêt au développement Agro-Industriel

11-22-2021 | 08:09:00
Le Conseil d’administration du Groupe de la Banque africaine de développement a accordé un prêt du Fonds Africain de Développement de 70,76 millions de dollars américains à la République démocratique du Congo (RDC) pour le développement agro-industriel.

[Nigeria Business Week] Andrea Ayemoba: National GDP for Q3 sees increase, amid growing economic concerns

11-19-2021 | 13:02:00
The Nigerian Minister for labour recently has affirmed that more needed to be done in order for the employment crisis to be mitigated. He did allow that much has been done, but a lot of action still was required if the problem was to be tackled from the roots.

L'AfDB et le Madagascar signent des accords de 36,5 millions d’euros pour des réseaux de transport d’électricité

11-19-2021 | 10:05:00
Le Groupe de la Banque africaine de développement et le gouvernement de Madagascar ont signé des accords de financement de 36,48 millions d’euros pour le renforcement et interconnexion des réseaux de transport d’énergie électrique à Madagascar.

Afreximbank signs agreement with African Risk Capacity Group to enhance resilience and disaster risk financing initiatives

11-19-2021 | 09:01:54
The purpose of the MOU is to enable joint member states to enhance disaster response and resiliency initiatives using available banking and insurance products suited for localized challenges.