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30-10-2014 22:52:00 | by: Administrator | hits: 19545151 | Tags:

EBRD, EU extend support for women in business in Morocco amid coronavirus pandemic
09-04-2020 | 13:12:00
The EBRD, together with the European Union (EU), is stepping up efforts to support small and medium-sized enterprises managed and owned by businesswomen in Morocco, in the face of the coronavirus pandemic.
World Bank approves $14.25 million in support of Rwanda's response to COVID-19
09-04-2020 | 10:34:00
The World Bank approved $14.25 million International Development Association (IDA) credit in immediate funding to support Rwanda’s response to the global COVID-19 pandemic
[kenya] CBK takes regulatory action against Absa Bank over forex transactions
09-04-2020 | 09:40:37
The Central Bank of Kenya (CBK) has taken regulatory action against Absa Bank Kenya PLC (Absa Kenya), following Absa Kenya’s failure to provide information about some specific foreign exchange trades that it conducted in March 2020.
AfDB announces new appointments
07-04-2020 | 10:50:31
The African Development Bank Group has appointed Nourredine Lafhel as Acting Chief Risk Officer and Mrs. Nafissatou N’diaye Diouf Acting Director for Communications and External Relations.
[South Africa] Standard Bank Insurance clients to receive 25% cashback
07-04-2020 | 08:04:00
The Standard Bank Insurance is implementing a 25% cash back relief on its car insurance premiums.
[South Africa] Standard Bank invests in 2 African tech start-ups
07-04-2020 | 07:52:00
Standard Bank Group, the largest African bank by assets, has announced two new technology start-ups who have been selected and accepted into the Founders Factory Africa (FFA) Venture Scale programme.
AfDB approves Gender Equality Trust Fund, Risk-Sharing Mechanism to improve women’s economic empowerment in Africa
06-04-2020 | 09:29:00
The African Development Bank (AfDB) approved a new Gender Equality Trust Fund (GETF) aimed at pushing forward gender equality and women’s empowerment across the continent.
DRC to receive $47 million from World Bank to fight the Coronavirus pandemic
06-04-2020 | 09:07:00
The World Bank Group approved $47 million in financing from the International Development Association (IDA) to fund the emergency response to the COVID-19 epidemic in the Democratic Republic of Congo (DRC).
World Bank approves $20 million for Senegal to fight COVID-19
06-04-2020 | 08:46:00
The World Bank approved a $20 million credit from the International Development Association (IDA) to support Senegal in its response to the threat of the global COVID-19 pandemic.
Sierra Leone to receive $7.5 million from World Bank for COVID-19 response
06-04-2020 | 08:36:00
The World Bank approved a $7.5 million International Development Association (IDA) grant to help Sierra Leone respond to the threat posed by the coronavirus outbreak.
Mozambique government, AfDB sign $35 million financing deal for road upgrade
02-04-2020 | 07:11:00
The Government of Mozambique and the African Development Bank have signed a protocol agreement for a $34 million grant for the paving of the 35-km Nambungali-Roma road.
[South Africa] Standard Bank, SAFT partner to provide relief for SMME employees
01-04-2020 | 10:50:00
Standard Bank is an official partner of the South African Future Trust (SAFT) for SMMEs and has agreed to waive fees related to administering this fund during this period of national disaster, to maximise the funds available to recipients.
BADEA allocates $100 million to assist Sub-Saharan Africa fight against COVID-19
31-03-2020 | 06:56:00
The Arab Bank for Economic Development in Africa (BADEA) has allocated $100 million to support Sub Saharan African countries’ efforts to prevent and limit the spread of COVID-19.
[South Africa] Absa launches extensive COVID-19 payment relief programme
30-03-2020 | 13:58:00
As South Africa and the world confront the public health, financial and economic implications of the COVID-19 pandemic, Absa Group is rolling out an extensive relief programme for eligible customers impacted by COVID-19.
Afreximbank's $3-billion facility to cushion impact of COVID-19
30-03-2020 | 12:03:00
The Afreximbank has announced a $3-billion facility, named Pandemic Trade Impact Mitigation Facility to help African countries deal with the economic and health impacts of the COVID-19 pandemic.
African Development Bank launches $3 billion “Fight COVID-19” Social Bond
30-03-2020 | 11:39:00
The African Development Bank has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.
[South Africa] Standard Bank extends instalment relief measures to personal account customers
30-03-2020 | 11:07:42
The Standard Bank has announced a second wave of relief to help its customer base navigate financial commitments as Covid-19 continues to impact the livelihood of many individuals across the country.
EAIF adopts IFC Master Cooperation Agreement to boost growth, jobs in Sub-Saharan Africa and MENA
27-03-2020 | 07:42:00
The Emerging Africa Infrastructure Fund (EAIF) became the 34th development finance institution to join IFC’s Master Cooperation Agreement to collaborate on expanding private sector investments in African and Middle East infrastructure.
Credit Agricole Egypt launches third digital channel to improve customer interaction
26-03-2020 | 14:22:00
Credit Agricole Egypt has extended its digital user experience and launched the third digital channel “desktop channel”.
[South Africa] JSE aligned essential services as country prepares for national lockdown
26-03-2020 | 12:15:00
As South Africa prepares for a national lockdown tonight due to the COVID-19 pandemic, the Government has identified the JSE as an essential service required to enable smooth functioning of the markets during the 21-day lockdown period.
[Column] Bob Koigi: Of coronavirus crisis and the silver lining for Africa
26-03-2020 | 09:12:00
As economies take a hit from the impacts of the Coronavirus pandemic, the crisis is birthing opportunities and continues to create crucial lessons on resilience and adaptation especially in Africa.
Standard Bank to remain fully operational amid lockdown in South Africa
26-03-2020 | 08:39:00
Standard Bank South Africa has announced that it will remain fully operational through the national lockdown and that all banking services will remain available.
New dawn for Somalia as arrears owed to the African Development Bank Group cleared
26-03-2020 | 08:21:00
Arrears on loans owed by Somalia to the African Development Bank Group have been cleared following the payment in full of $122.55 million by the governments of the United Kingdom and the European Union.
IMF approves $47.1 million Extended Credit Facility arrangement for The Gambia
25-03-2020 | 07:24:00
The Executive Board of the International Monetary Fund (IMF) approved a thirty-nine-month Extended Credit Facility arrangement for The Gambia in the amount of SDR35 million.
African Finance Ministers call for coordinated COVID-19 response, mitigate adverse impact on economies and society
23-03-2020 | 12:05:00
African Finance Ministers met on a virtual conference to exchange ideas on the efforts of their respective governments in dealing with the social and economic impacts of COVID-19.
Standard Bank announces financial relief measures for customers amid COVID-19 in South Africa
23-03-2020 | 11:03:30
The Standard Bank has announced interim debt repayment measures to help segments of its customer base to navigate their financial commitments as COVID-19 cases continue to increase across the country.
African Development Bank renews risk participation agreement for trade finance with Sumitomo subsidiary
20-03-2020 | 08:31:57
The Board of Directors of the African Development Bank approved a $200 million Trade Finance Risk participation agreement (RPA) between Sumitomo Mitsui Banking Corporation Europe (SMBCE) and the African Development Bank.
[South Africa] Standard Bank customers encouraged to use online capabilities
20-03-2020 | 06:02:06
As South Africans continue to face challenges around precautionary measures to minimise the risk of spread of the COVID-19 virus, Standard Bank is encouraging customers to consider digital banking as a preferred option.
African Development Bank announces bold measures to curb the spread of COVID-19
19-03-2020 | 08:03:00
The African Development Bank announced health and safety measures to help prevent the spread of the coronavirus in countries where it has a presence, including its headquarters in Abidjan.
[Kenya] CBK announces emergency measures to mitigate COVID-19 adverse economic effects
18-03-2020 | 11:33:00
Following a meeting with commercial banks, the CBK has announced a set of measures that commercial banks will undertake in order to alleviate the adverse economic effects their customers may face from the COVID-19.
Ecobank Transnational Incorporated announces new appointments and changes on its board
18-03-2020 | 06:37:00
Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, has announced two new appointments and changes on its Board of Directors.
Absa deploys Africa’s first conversational AI powered virtual banking assistant
18-03-2020 | 06:35:00
Absa Group Limited's subsidiaries outside of South Africa have selected and deployed KAI, Africa's first Conversational AI powered virtual banking assistant.
Bank of Mauritius introduces support programme, accompanies local economic operators in COVID-19 context
17-03-2020 | 10:02:00
The Bank of Mauritius has been closely monitoring the outbreak of COVID-19 and its plausible economic impact on the banking sector and the Mauritian economy.
[Kenya] CBK sets emergency measures to facilitate mobile money transactions, reduce COVID-19 transmission
16-03-2020 | 13:42:00
The Central Bank of Kenya (CBK), following a consultation with Payment Service Providers (PSPs), has announced a set of measures that will facilitate increased use of mobile money transactions instead of cash.
[South Africa] DBSA signs R480 million development loan with the University of Limpopo
13-03-2020 | 06:02:00
The Development Bank of Southern Africa (DBSA) has signed a development loan facility of R480 million with the University of Limpopo (UL).
COMESA Monetary Institute develops Monetary Policy Formulation guide
12-03-2020 | 10:39:00
COMESA Monetary Institute has developed a User’s Guide on the Basic Dynamic Stochastic General Equilibrium (DSGE) Modelling and Forecasting for Monetary Policy Formulation.
Ghana set to launch universal QR Code, accelerate pace for cash-lite society
12-03-2020 | 10:12:00
The impending launch of a universal QR Code will accelerate the pace of making Ghana a cash-lite society in the near future, the Vice President of the Republic, Dr Mahamudu Bawumia has predicted.
[kenya] Receivables finance can help close Africa’s $90 billion SME ginancing gap, Central Bank Governor
12-03-2020 | 09:14:00
Receivables finance is an important tool that can help to close the $90 billion funding gap faced by small and medium-sized enterprises in Africa, Dr. Patrick Njoroge, Governor of Central Bank of Kenya said.
[Kenya] Co-operative Bank proposes to acquire Jamii Bora Bank
12-03-2020 | 08:50:00
The Central Bank of Kenya has been advised by both Co-operative Bank of Kenya Limited (Co-op) and Jamii Bora Bank Limited (JBB) of Co-op’s interest in acquiring JBB.
Crédit Agricole Egypt adopts Fiorano Software solutions to boost efficiency
12-03-2020 | 06:08:00
Fiorano Software has announced that Crédit Agricole, Egypt has implemented the Fiorano Hybrid Integration Platform (HIP) to reduce time and cost required for integrating applications.
IFC, partners Ring the Bell for women empowerment in Egypt
10-03-2020 | 13:55:00
IFC, the Egyptian Exchange, UN Women, and the Egyptian Institute of Directors partnered during the annual Ring the Bell for Gender Equality event to encourage the private sector expand economic opportunities for women in Egypt.
EIB launches new study confirming strong growth and impact of African banking
09-03-2020 | 07:50:00
The European Investment Bank has published the new edition of the “Banking in Africa” series: “Financing Transformation amid Uncertainty”.
[South Africa] Absa PMI declines for a 4th consecutive month in February
06-03-2020 | 09:46:05
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined for a fourth consecutive month to reach 44.3 in February 2020.
Somalia clears arrears to World Bank
06-03-2020 | 06:53:00
The Federal Government of Somalia has cleared its arrears to the International Development Association (IDA), completing the process of normalizing its financial relationship with the World Bank Group.
[South Africa] Standard Bank reports resilient results for 2019 financial year
06-03-2020 | 06:23:00
Standard Bank Group’s results for the 2019 financial year are underpinned by the growth and resilience of its core operations, the constrained macroeconomic environment and ICBCS losses impacted the group’s results.
IFC launches MENA Women Banking Champions program to support female entrepreneurs
06-03-2020 | 06:01:00
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
Standard Bank South Africa migrates SAP cloud platform to Microsoft Azure to boost efficiency
05-03-2020 | 11:43:00
Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure to significantly improve the experience customers have with the bank.
AfDB, ADEA urge partners to tackle skills mismatch among youth
04-03-2020 | 13:22:00
AfDB and the Association for the Development of Education in Africa have called on partners to equip young people with the skills they need to boost technological advancement, trade and growth in Africa.
IFC invests $200 million in Standard Bank of South Africa’s green bond issuance
03-03-2020 | 12:29:00
IFC has invested $200 million in The Standard Bank of South Africa's green bond placed on the London Stock Exchange.
IFC, Union Bank to support Nigerian SMEs and women-led businesses
03-03-2020 | 12:18:00
IFC announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in Nigeria.
IFC partners with Coronation Merchant Bank to boost trade finance in Nigeria
03-03-2020 | 12:08:00
IFC announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program.
BajabulileTshabalala appointed AfDB acting senior Vice President
03-03-2020 | 08:36:00
The President of the African Development Bank Group, Dr. Akinwumi Adesina is pleased to announce the appointment of Ms. Bajabulile “Swazi” Tshabalala as Acting Senior Vice President of the Bank.
African women business platform launched
02-03-2020 | 15:59:16
An online business networking platform aimed at connecting 50 million women entrepreneurs across Africa has been launched.
IFC helping Ethiopia expand its leasing sector, strengthen smaller businesses
02-03-2020 | 07:51:00
IFC and the National Bank of Ethiopia hosted Ethiopia’s first National Leasing Forum to strengthen Ethiopia’s leasing industry and help it reach its estimated $1 billion potential for supporting thousands of smaller businesses.
Standard Bank makes executive appointments in Uganda, East Africa
02-03-2020 | 07:42:00
Stanbic Bank Uganda’s Chief Executive, Patrick Mweheire, has been appointed as the new Regional Chief Executive, effective 1st March 2020.
[Kenya] Over 80% of bank customers satisfied with industry service standards, technology, KBA report
28-02-2020 | 14:07:00
According to this year's edition of the Kenya Bankers Association (KBA) Customer Service Satisfaction Survey, bank clients rated their satisfaction level at 83 percent based on banks' responsiveness and service quality.
Somalia to reestablish financial relations with the World Bank after 30 years
28-02-2020 | 07:25:00
The World Bank Group Board of Executive Directors has moved toward normalizing its relations with the Federal Government of Somalia (FGS) after thirty years.
Afreximbank, FCI to promote factoring to East African SMEs
26-02-2020 | 15:01:00
The Afreximbank in collaboration with FCI will hold a two-day conference in Nairobi to promote the use of factoring to enhance access to financing for SMEs in East Africa.
[Libya] ATIB selects Temenos to accelerate digital banking transformation
26-02-2020 | 05:57:19
Libyan Assaray Trade and Investment Bank (ATIB) has selected Temenos Infinity and Temenos Transact to power its digital transformation.
Ireland moves closer to becoming the 81st member of the AfDB Group
25-02-2020 | 09:08:00
Ireland moved a step closer to becoming a member of the African Development Bank Group after a government delegation on Monday deposited ratification instruments during an official visit to the Bank’s Abidjan headquarters.
[South Africa] Luno introduces Ripple to its platform
25-02-2020 | 09:00:00
As altcoins continue to perform well this year, South Africa’s largest cryptocurrency exchange has added the ability for its customers to trade Ripple (XRP) on its platform.
EBRD strengthens motor industry in Morocco
24-02-2020 | 12:26:38
The EBRD is continuing to support the automotive industry in Morocco through a €15 million loan to Varroc Lighting Systems Morocco that will provide training and employment opportunities for young people in the country.
EIB confirms €3 billion of new investment across Africa
24-02-2020 | 12:13:00
Last year, 2019, the European Investment Bank (EIB) provided €3 billion of new financing that will support €10.7 billion of transformational investment across Africa.
One step closer to clean energy for 30 million people in Africa
24-02-2020 | 12:04:00
The first Public Private Partnership (PPP) project to generate renewable energy from shared resources in Africa came closer to reality following signature of a key agreement to enable preparatory works to commence.
[Nigeria] Carbon launches USSD service to enhance access to finance
24-02-2020 | 09:40:40
Carbon, the Pan-African digital financial services company, has introduced a USSD service to its platform, making it even easier for individuals that have little or no access to smartphones or the internet to access the financial services.
Ecobank Group announces 2020 edition of fintech challenge
21-02-2020 | 07:03:00
Ecobank Group, the pan-African banking group, has opened invitations to African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge.
Standard Bank South Africa launches tool to improve mobile banking security
21-02-2020 | 06:52:00
Standard Bank South Africa has launched DigiMe to improve security on its mobile banking app.
NSE launches comic book to boost financial literacy in Nigeria
20-02-2020 | 15:10:00
The Nigerian Stock Exchange (NSE) has published the maiden edition of StockTown, a comic book aimed at promoting financial literacy in Nigeria.
Standard Chartered commits $75 billion towards Sustainable Development Goals
20-02-2020 | 08:22:00
Standard Chartered has announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sustainability Aspirations.
[South Africa] Financial fraud solutions must beat the best criminal minds and match the rate of digital change
19-02-2020 | 03:18:28
The escalation of financial crime is not far behind the double-digit growth of digital payments.
[Kenya] Standard Chartered Bank launches mobile phone traded bonds
18-02-2020 | 06:45:36
Standard Chartered Bank Kenya has become the first commercial bank in Kenya to launch bond traded exclusively through mobile phone.
[Nigeria] Jaiz Bank declares N1.79b profit
17-02-2020 | 11:04:00
Jaiz Bank, Nigerian non-interest Sharia-compliant financial institution, has declared a profit after tax of N1.79 billion in its 2019 unaudited financial results as submitted to the Nigerian Stock Exchange.
Standard Chartered Bank invests $ 1.46 billion to fund Tanzania’s Standard Gauge Railway project
14-02-2020 | 06:41:00
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a $ 1.46 billion term loan financing to fund the construction of the Standard Gauge Railway.
Ecobank Group enters cross-border remittance partnership with Alipay
12-02-2020 | 12:12:00
Pan-African bank, Ecobank, has signed a cross-border remittance agreement with Alipay, the world's payment and lifestyle platform that aims to bring more inclusive financial services.
EBRD and Crédit du Maroc boost green economy and value chains in Morocco
11-02-2020 | 14:26:00
Small and medium-sized enterprises (SMEs) in Morocco will benefit from an EBRD credit line of up to €20 million to Crédit du Maroc dedicated to green investment and the development of value chains.
Lonestar Cell MTN partners with UBA Liberia to offer mobile money service
11-02-2020 | 06:47:06
Lonestar Cell MTN has collaborated with United Bank for Africa Liberia to offer the Push and Pull mobile money service.
EIB finances the upgrade and expansion of Alexandria West WWTP, Egypt
11-02-2020 | 06:07:00
The EIB has signed a financing agreement of EUR 120 million with the Arab Republic of Egypt to support the expansion and upgrade of the Alexandria West Waste Water Treatment Plant (WWTP).
EIB supports upgrading of Tanta - EL Mansoura - Damietta railway in Egypt
10-02-2020 | 15:00:00
The EIB and the Egyptian Ministry of International Cooperation have signed an agreement to provide up to EUR 1.5 million for a Feasibility Study for the Tanta-El Mansoura-Damietta Rail project.
IFC, Netherlands launch private sector development program in the MENA region
10-02-2020 | 14:48:00
IFC and the government of the Netherlands launched a pioneering multi-sector program in Jordan and the Middle East and North Africa to help create a stronger private sector, unlock new markets, support entrepreneurship, and create jobs.
African female fund managers to receive major boost through launch of multi-million dollar fund
10-02-2020 | 14:07:44
African leaders are putting women front and center of efforts to drive the continent’s economic growth through a game-changing fund that invests in women fund managers and also provides technical assistance.
Absa Group completes renaming its African subsidiaries
10-02-2020 | 09:39:00
Absa Group Limited’s Barclays-branded subsidiaries in seven African countries - Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia were renamed ‘Absa’, completing the name change across the continent.
USAID, UBA partner to advance two-way trade, investment goals for Prosper Africa
10-02-2020 | 06:52:00
The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.
Digital financial inclusion for MSMEs project is key, COMESA Business Council
07-02-2020 | 16:21:00
The COMESA Business Council (CBC) has implored MSMES to embrace digital finance in their day to day running of business transactions as this will ease trade facilitation.
EBRD, QNB Alahli boost green investments and small firms in Egypt
07-02-2020 | 14:55:00
The EBRD is boosting small businesses and green investments in Egypt with a US$ 82 million financial package to QNB Alahli, one of the country’s largest commercial banks, for on-lending to local enterprises.
[Kenya] Faulu Bank launches system to automate bancassurance processes
07-02-2020 | 07:15:00
Faulu Bank has launched a Sh20 million system that has fully automated all bancassurance processes, to improve operational efficiencies and deliver convenience.
EXIM Bank to help Americans export their “Made in the U.S.A.” goods and services to Kenya
06-02-2020 | 11:39:00
The President and Chairman of the EXIM Bank met with the U.S. Ambassador to Kenya to discuss how EXIM can help American businesses export their “Made in the U.S.A.” goods and services to Kenya.
UBA Mali launches mobile money service
06-02-2020 | 08:57:00
United Bank for Africa (UBA) Mali has launched Sama by UBA, a money transfer and mobile payment service.
Banque Misr, partners to fund for low-income earners housing units in Egypt
05-02-2020 | 14:49:00
Banque Misr signed a cooperation protocol with the Social Housing Fund, Real Estate Finance and Misr Express for Development and Trade (Zaher), to fund for housing units for low-Income earners in Egypt.
[Egypt] CIB named a constituent of the 2020 Bloomberg Gender Equality Index
04-02-2020 | 14:44:00
Commercial International Bank (CIB), Egypt’s leading private sector bank, has been included in the 2020 Bloomberg Gender Equality Index (GEI).
World Bank appoints Progressus for expansion of African Regulatory Watch Initiative
04-02-2020 | 12:40:00
Progressus Corporation has announced that it has been appointed by the World Bank, following a competitive process, to head up phase two of The African Regulatory Watch Initiative (RWI).
Luno introduces automated withdrawals in Nigeria
04-02-2020 | 10:18:00
Luno has introduced faster and automated withdrawals to its Nigerian customers, which means users are no longer restricted to daily withdrawal schedules.
[Tanzania] UAE Exchange rebrands as Unimoni
04-02-2020 | 09:47:00
UAE Exchange, a leading financial services brand in Tanzania and a Finablr company, has announced the rebranding of its operation as “Unimoni”.
[Nigeria] Carbon unveils new iOS app
04-02-2020 | 09:34:00
Carbon, Nigerian digital financial services company, has unveiled an iOS app, making it the first digital lender in Africa to be able to initiate and complete an entire loan cycle via an iOS app.
Interswitch lists N23 billion Bond on the Nigerian Stock Exchange
04-02-2020 | 08:45:00
Interswitch, a leading technology-driven company with a focus on the digitisation of payments in Nigeria and other African countries has listed N23 billion Bond on the Nigerian Stock Exchange.
UBA Liberia, Orange launch Mobile Money Push and Pull Service IP
31-01-2020 | 08:58:00
United Bank for Africa (UBA) Liberia, in partnership with Orange, launched the Mobile Money Push and Pull Service for their customers.
UBA Mali lauches Sama by UBA
31-01-2020 | 08:43:00
United Bank for Africa (UBA) Mali launched Sama by UBA, a money transfer and mobile payment solution that was birthed through a partnership between Sama Money SA, Bamako and UBA.
[Column] Josephine Wawira: How fintechs are making Africa a leading global Innovation Hub
30-01-2020 | 12:28:00
60% of the adult population in Africa is unbanked and the financial sector is considerably underdeveloped. Fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure.
AfDB approves $22 million to expand leasing financing to corporates, SMEs in Egypt
30-01-2020 | 11:26:00
The African Development Bank ((AfDB) approved a $22 million Senior Loan to help Egypt’s Corporate Leasing Company, Corplease, expand its operations in the North African country.
DBSA confirms equity bridge loan facility to South African Airways
30-01-2020 | 08:59:00
Following a statement issued by the SAA Business Rescue Practitioners, the DBSA confirms that the Bank has approved an Equity Bridge Facility of R3.5billion to South African Airways (SAA).
Union Bank of Nigeria to divest complete stake in UK subsidiary
30-01-2020 | 08:44:50
Union Bank of Nigeria has announced that it has entered a share sale and purchase agreement to divest its 100 per cent equity stake in Union Bank UK.