Banks are responding by including new customer experiences, upgrading their core banking systems, introducing cloud solutions, and implementing other new technology platform solutions while managing employee change fatigue.
[Column] Thabiso Foto: Can Africa's startup sector keep up its record funding run amidst global turmoil?
In recent years, amid global economic volatility and uncertainty, Africa's startup ecosystem has shown continued growth, attracting record amounts of funding.
BDEAC lance une opération de mobilisation de ressources sur le marché financier régional de FCFA 78 milliards
Cette nouvelle opération, dénommée « BDEAC 6% Net 2022-2029 », se caractérise par un taux d’intérêt de 6% et une maturité de 7 ans arrivant à échéance en 2029.
The Board of Directors of the African Development Bank has approved a loan of $179.66 million to support government reforms to restore post-pandemic fiscal stability and economic recovery.
[Kenya] Britam partners with digital insurance platform mTek to provide MSMEs affordable business cover
Additionally, the cover protects the MSMEs against loss of income in the event of fire or hospitalization and also protects the owner against the risks of death or disability caused by an accident.
AD Ports Group signs deal with Africa Finance Corporation to address continent's infrastructure gaps
The agreement provides the basis for the two organisations to join forces on identifying, financing, developing and investing in much-needed ports, warehouses, maritime and logistics infrastructure projects across Africa.
[column] Dr. Kevin Muragaijimana MD: A need for Artificial Intelligence-based company in Africa Health sector
Access to quality healthcare in low-income countries is impacted by many various factors. For example: In sub-Saharan Africa, the average number of physicians per 1000 per capita is 0.2 compared to Italy which has 8.0 doctors for a 1000 population this urge African countries to invest in Health Technology industry.
MCB Capital Markets et Société Générale Côte d'Ivoire pour l'acquisition de JA Delmas en Afrique de l'Ouest
MCB Capital Markets et Société Générale Côte d'Ivoire ont agi en tant que co-arrangeurs dans le cadre du financement par emprunt de 135 millions d'euros pour l'acquisition de JA Delmas, concessionnaire Caterpillar en Afrique de l'Ouest
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
The first investment of the Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management, a gender-lens 20mUSD fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.
Access Bank Pic to acquire a 51% majority shareholding in Finibanco Angola S.A , well-capitalised full-service commercial bank with over 20 branches and around US$300 million in total assets that has operated in Angola since 2008.
This facility follows the successful execution of the Corporation’s inaugural US$140 million Kimchi loan facility in 2019, its first foray into the Korean debt market.
Mastercard Foundation Africa Growth Fund doté de 200 millions de dollars, destiné aux véhicules d’investissement africains et permettant par cet intermédiaire de cibler les petites et moyennes entreprises (PME) en phase de démarrage ou de croissance.
Le 133ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 109,5 milliards FCFA
Après avoir approuvé le procès-verbal de la 132ème réunion, le Conseil a approuvé les perspectives financières actualisées et le projet de budget programme établis pour le quinquennat 2023-2027 de la Banque.
Afrobarometer has received $1.1 million in institutional funding from the Open Society Foundations (OSF), the grant will enhance Afrobarometer’s positive research work undertaken across the continent for the past 20 years.
In 2022, ransomware continued to reign king and became one of the most common and dangerous threats facing healthcare organisations and software supply chains.
TradeMark East Africa partners with AfricaNenda to design digital innovations in financial services for trade
AfricaNenda and TradeMark East Africa (TradeMark) have signed a Memorandum of Understanding committing to collaborate towards creating digital-related solutions that will enhance financial inclusion across Eastern Africa trade environment.
It is the largest replenishment in the history of the Fund. ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent's low-income countries.
African Export-Import Bank (Afreximbank) has applauded the ratification by the Barbadian Parliament of the Partnership Agreement with the Bank. Barbados, one of the nine member states of the Caribbean Community (CARICOM) that have so far signed the treaty, becomes the first to ratify it.
The funding, to be distributed through the FSD Africa's supported BimaLab insurance accelerator programme, will unlock and accelerate the transformation of Africa's insurance sector through innovative offerings for the sector's unique landscape.
Financial services providers Sanlam and Absa, announced that all suspensive conditions have been successfully met, allowing implementation of a transaction that combines their investment management businesses in South Africa.