30-10-2014 23:52:00 | by: Administrator | hits: 29318468 | Tags:

African Development Bank, MASEN and RES4africa to co-organise training programme for Sahel countries
27-05-2022 | 12:07:00
The African Development Bank, MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022, to foster the uptake of solar energy in five Sahel countries.
Ecobank Transnational Incorporated tient sa 34ème Assemblée Générale Ordinaire
27-05-2022 | 11:29:11
Ecobank Transnational Incorporated (“ETI”), la société mère du Groupe Ecobank, la première banque panafricaine présente dans 33 pays d’Afrique, a tenu sa 34ème Assemblée Générale Ordinaire (AGO).
Ecobank transnational incorporated holds its 34th AGM and shareholders approve resolutions
27-05-2022 | 10:29:44
Ecobank Transnational Incorporated (“ETI”), the parent company of the Ecobank Group, the leading pan-African bank with operations across 33 African countries, held its 34th Annual General Meeting (AGM), Côte d’ Ivoire.
[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
26-05-2022 | 12:45:00
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
Première édition d'un forum international des PPP à Brazzaville les 30 et 31 mai prochain
26-05-2022 | 10:50:00
Le Ministère de la Coopération internationale et de la Promotion du Partenariat Public-Privé du Congo organise un Forum dédié à renforcer les investissements étrangers dans le pays du 30 au 31 mai 2022 à Kintélé.
Wifack International Bank et Astree figurent dans le top 10 des plus fortes hausses de revenus en Tunisie
26-05-2022 | 09:22:00
Wifack International Bank et l’assureur Astree figurent dans le top 10 des plus fortes hausses de revenus, tous secteurs d’activité confondus, à fin mars 2022. Sur les trois sous ensemble banque, assurance et services financiers, la meilleure progression de revenus est venue des assureurs.
AfricInvest secures $411 million for its AfricInvest Fund IV
26-05-2022 | 08:32:26
AfricInvest Fund IV, which targets mid-cap companies in Africa, achieved its final closing with significant commitments, making it "the largest African fund" of AfricInvest since its launch in 1994.
[Kenya] Faulu Bank launches new contactless cards with 3D security features
26-05-2022 | 08:27:00
Faulu Microfinance Bank has launched its new contactless card which now allows its users to tap and pay on the go. The card was rolled out this week and is available to all the bank account holders in Classic and Platinum variants.
AfricInvest obtient 411 millions $ pour son fonds AfricInvest Fund IV
26-05-2022 | 08:21:00
AfricInvest Fund IV qui cible des entreprises de moyenne capitalisation en Afrique a réalisé son closing final en obtenant des engagements importants qui font de lui « le plus grand fonds africain » d’AfricInvest, depuis le lancement de ses activités en 1994.
L’assureur marocain AFMA étend ses activités en Côte d’Ivoire
26-05-2022 | 08:11:00
Après l’acquisition d’une part majoritaire au capital du courtier ivoirien en assurance ACR, le marocain AFMA s’installe dans ce pays ouest-africain, et y implante une nouvelle structure. Dénommée ACR AFMA, elle évoluera dans le marché ivoirien du courtage en assurance.
Banking has the most valuable brands in Africa, followed by telecom and retail, report
25-05-2022 | 13:59:10
The growth of African banks in the ranking is facilitated by focusing on digital payments and online banking.
[Maroc] AfDB 57 millions d’euros de financement pour la réalisation du complexe portuaire Nador West Med
25-05-2022 | 12:26:00
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé un financement additionnel de 57 millions d’euros en faveur du Maroc pour contribuer au financement de la construction du complexe portuaire de Nador West Med.
Kenya Commercial Bank appoints Paul Russo as Group CEO
25-05-2022 | 11:45:00
He replaces Mr Joshua Oigara who has been the GCEO for the last nine and a half years. Joshua will be available for a period of time to support a smooth transition. The appointment follows a competitively run selection process that kicked off in March 2022.
Mastercard, One Global and i2c partner to launch integrated wallet in Middle East and North Africa
25-05-2022 | 10:49:00
Mastercard, One Global™ and i2c have announced a partnership to provide tailored financial solutions that will enable the issuance of digital mobile wallets in the region.
[Kenya] Equity bank rolls out chatbot for WhatsApp, Facebook Messenger and Telegram
23-05-2022 | 14:48:00
Equity has introduced Equity Virtual Assistant (EVA), the Bank’s chat banking platform for WhatsApp, Facebook Messenger and Telegram.
[Egypt] Sokin expands payments partnership with Mastercard across the region
23-05-2022 | 11:25:00
Sokin expands payments partnership with Mastercard to connect consumers in 39 new markets to payments services that are more open and transparent, removing the barriers that have historically hindered access and financial inclusion.
Apex Group announces acquisition of the Maitland business
23-05-2022 | 09:34:53
The addition of Maitland will complement Apex’s existing geographic reach, fund administration offering and management company services, delivered under the FundRock and LRI brands.
Deux projets routiers désenclavent d’importantes zones agricoles de la RDC, avec le soutien de l'AfDB
23-05-2022 | 09:26:00
Au début des années 2010, Godelive Ngalula, commerçante à Kikwit, en République démocratique du Congo, mettait une semaine pour effectuer quelque 350 kilomètres en direction de Tshikapa, dans la province du Kasaï.
African Development Bank support for two road projects opens up major agricultural areas in the DRC
23-05-2022 | 09:08:00
In the early 2010s, Godelive Ngalula, a trader from Kikwit, the main town of Kwilu Province in the Democratic Republic of Congo, spent a week to travel the 350 kilometres (km) to Tshikapa in Kasaï Province and 50,000 Congolese francs (about $24.5) on food.
Afreximbank and FCI tout the merits of factoring for SME financing in Central Africa
22-05-2022 | 19:37:05
Afreximbank and FCI concluded a two-day conference last week in Brazzaville, Republic of Congo, to promote factoring and receivables finance in the Central Africa region.
Afreximbank signs MoU with APPO to establish an African Energy Transition Bank
22-05-2022 | 19:30:40
Afreximbank has signed an Agreement with the African Petroleum Producers Organization according to which both parties will collaborate on the establishment of an African Energy Transition Bank in support of an Africa-led energy transition strategy.
Skaleet and Mobiblanc announce partnership for a cutting-edge technology to serve banks across Africa
20-05-2022 | 12:38:54
Skaleet has partnered with Mobiblanc to offer turnkey solutions to financial institutions across Africa.
[East Africa Business Week] Bob Koigi: Harnessing the potential of African intermediary cities
20-05-2022 | 11:49:00
Africa’s urbanization rate has reached a record high with the continent being the most urbanized globally.
[Nigeria Business Week] Andrea Ayemoba: Clean energy gets funding amid inflation and trade deficits
19-05-2022 | 12:14:00
Oil and Gas has been a pillar supporting the Nigerian economy for a very long time. Rich in this natural resource, Nigeria may be guilty of neglecting other promising sectors, like Agriculture and even Insurance.
HSBC launches US$1 billion Female Entrepreneur Fund in 11 countries, including Egypt
19-05-2022 | 09:20:05
The fund is launched in addition to HSBC Roar program to help women entrepreneurs address business challenges. For that purpose, it will provide funds and technical support.
Kuramo Capital s'engage à verser 10 millions de dollars à Uhuru Fund I
19-05-2022 | 09:02:00
L'aide apportée au Uhuru Growth Fund offre aux GP et aux entrepreneurs la possibilité d'accéder à des capitaux institutionnels, ainsi que de développer une empreinte mondiale et une connaissance approfondie de la région ouest-africaine.
Kuramo Capital makes US$10 million commitment to Uhuru Fund I
19-05-2022 | 08:49:00
The support to Uhuru Growth Fund includes opportunities for GPs and entrepreneurs to access institutional capital, as well as develop a global footprint and deep understanding of the west African region.
[Madagascar] BAD approuve une nouvelle stratégie d’intervention pour la période 2022-2026
18-05-2022 | 10:30:45
Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé le Document de stratégie-pays pour la période 2022-2026 pour Madagascar, son nouveau cadre d'intervention pour la Grande île.
OPEC Fund provides US$ 18mln to “Nyacyonga–Mukoto Road Project” in Rwanda
18-05-2022 | 09:19:00
The OPEC Fund is providing a US$18 million loan to the government of Rwanda to support the “Nyacyonga–Mukoto Road Project”, helping to improve living standards and economic livelihoods in the country.
British International Investment partners with Citi to unlock supply chain finance for African businesses
18-05-2022 | 08:41:00
The British International Investment (BII), signed a $100 million risk-sharing facility for supply chain finance with Citi, to provide systemic liquidity and help Citi grow its supply chain finance product across Africa.
EBRD partners with Attijari bank Tunisia to support the pharmaceutical sector
18-05-2022 | 08:29:00
The European Bank for Reconstruction and Development (EBRD) is facilitating access to finance for Tunisian Laboratoires Teriak, through a risk-sharing facility with Attijari bank Tunisia.
Afreximbank, APPO sign MoU for creation of a multi-billion-dollar energy bank 
17-05-2022 | 12:48:04
Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects, as well as energy developments across the entire value chain.
  [South Africa] Rand Merchant Bank launches brand campaign centered around talent
17-05-2022 | 12:41:54
Rand Merchant Bank, RMB, a division of FirstRand Bank Limited, has launched an appealing new brand campaign that speaks to the bank’s ability to deliver on seemingly disparate objectives.
[Nigeria] Oyo Diocese gets microfinance bank approval 
17-05-2022 | 12:39:06
This gives access to individuals and businesses for useful and affordable financial products and services that meet their needs  transactions, payments, savings, credit, and insurance  delivered in a responsible and sustainable way.
Amethis, EBRD and SPE Capital acquire majority stake in Egypt’s GlobalCorp
17-05-2022 | 10:40:00
A consortium of investors made up of Amethis, the European Bank for Reconstruction and Development (EBRD) and SPE AIF I, LP (SPE Capital) has acquired a majority stake in GlobalCorp, a non-banking financial services company in Egypt.
AfDB seeks US support for $1.5 billion emergency food plan for Africa
16-05-2022 | 15:53:26
The plan seeks to avert a looming food crisis in Africa caused by Russia’s war in Ukraine.
Access Corporation unlocking new opportunities for intra- and inter- Africa trade
16-05-2022 | 12:07:16
Access Holdings Plc; trading as Access Corporation (“the Corporation”) announced its start of operations, with initial portfolio companies and its future strategy.
Access Bank moves to dominate Agency Banking
16-05-2022 | 11:49:00
Access Bank in its bid to enhance financial inclusion has noted its intentions to significantly increase its customer base and deepen wallet share of the banking population riding on its agency banking platform.
Le Sénégal balise la voie pour une reprise résiliente en Afrique
16-05-2022 | 10:57:00
Selon les informations fournies par la Banque mondiale, la migration climatique interne pourrait atteindre jusqu'à 1 million de personnes au Sénégal.
Interswitch received the fund to support financial inclusion and the fintech ecosystem across Africa
16-05-2022 | 10:01:46
LeapFrog Investments and Tana Africa Capital invest in Interswitch to support financial inclusion and the fintech ecosystem across Africa.
Le groupe Attijariwafa bank s’installe au Tchad
16-05-2022 | 08:45:00
Le groupe Attijariwafa bank consolide sa présence dans la zone CEMAC (Communauté Economique et Monétaire de l’Afrique Centrale) et crée une nouvelle filiale au Tchad dénommée Attijari bank Tchad.
[Ghana] Le président soutient le BAD pour accélérer le programme de transformation du continent
16-05-2022 | 08:44:00
Le président Akufo-Addo a exprimé son soutien ferme à une reconstitution significative du Fonds africain de développement, le guichet de financement concessionnel du Groupe de la Banque africaine de développement.
Afriland First Bank vise le marché tchadien
16-05-2022 | 08:38:00
Le banquier camerounais Afriland First Bank vise le marché tchadien pour son expansion.
[Ghana] President support AfDB’s Quest for more resources to accelerate continent’s transformation agenda
16-05-2022 | 08:31:00
Ghana’s President Nana Akufo-Addo has backed calls for more resources for the African Development Bank Group to accelerate its transformative role across the continent.
[East Africa Business Week] Bob Koigi: DR Congo’s factor in the integration agenda
13-05-2022 | 14:08:00
The recent entry of the Democratic Republic of Congo to the East African Community has heralded a new economic dispensation expanding the regional market.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
13-05-2022 | 11:52:00
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
Afreximbank appoints new Chief Executive Officer and Chief Investment Officer for FEDA
13-05-2022 | 10:58:06
Afreximbank has announced the appointment of Ms. Marlene Ngoyi as the Chief Executive Officer of the Fund for Export-Development in Africa (FEDA), the Bank’s development-oriented subsidiary. Mr. Emmanuel Assiak has been appointed Chief Investment Officer.
Kamel Pay and Mastercard launch new card propositions to drive financial inclusion in the UAE
13-05-2022 | 09:20:16
Kamel Pay, a leading fintech in the region, has partnered with Mastercard to launch two innovative payments solutions for businesses and individuals in the UAE.
[South Africa] Vodacom launches funding for consumers through VodaLend Compare
13-05-2022 | 08:45:00
Vodacom Financial Services has launched VodaLend Compare, a financial services marketplace aimed at offering unsecured personal loans for customers.
EBRD, ANP partner to promote climate resilience of Moroccan port sector
13-05-2022 | 08:18:00
The European Bank for Reconstruction and Development (EBRD) is enhancing the climate resilience of ports along Morocco’s Atlantic coastline by providing a €40 million loan to Agence Nationale des Ports (ANP).
EBRD, BOA join forces to develop green sustainable finance framework in Morocco
13-05-2022 | 08:11:00
The European Bank for Reconstruction and Development (EBRD) and Bank of Africa (BOA) signed a technical cooperation agreement to develop a green sustainable finance framework to support Morocco’s financial system.
[Morocco] Atos And Inwi support Umnia Bank in transformation of its information system
12-05-2022 | 15:51:41
Atos and inwi announced that they are supporting Umnia Bank, Morocco’s participatory bank, as part of the outsourcing programme for its information system, a key step in the development of its IT infrastructure. 
[Kenya] NBK Boss roots for IT systems to manage supply losses by water companies
12-05-2022 | 10:22:00
National Bank of Kenya (NBK) Managing Director Paul Russo advised stakeholders in the water supply sector to consider adopting IT-based transmission monitoring systems.
African Exchanges Linkage Project onboards 30 broker firms to facilitate cross-border trading
11-05-2022 | 15:49:34
The African Securities Exchanges Association (ASEA) is inching closer towards integrating the African capital markets by facilitating cross-border trading and free movement of investments in the continent.
Fidelity Bank Ghana appoints Atta Yeboah Gyan as Deputy Managing Director
11-05-2022 | 09:42:00
Fidelity Bank Ghana has appointed Atta Yeboah Gyan as the Deputy Managing Director in charge of Operations and Support functions.
UBA Kenya and Cellulant launch payments gateway to accelerate adoption of cashless payments
10-05-2022 | 16:22:00
The digital solution is set to help businesses aggregate payments in a single view which will assist in efficient collection, reconciliation and quick decision making.
IFC, Equity Group expand partnership to support small business lending, climate-smart projects across Eastern and Central Africa
10-05-2022 | 12:38:00
IFC and Equity Group are expanding their partnership to support the sustainable development of Africa by increasing access to financial services for small businesses and funding for green projects in six countries across Eastern and Central Africa.
[South Africa] Entersekt partners with Capitec Bank to boost security of e-commerce transactions
10-05-2022 | 12:30:27
Entersekt’s solution leverages behavioral analytics from NuData Security, a Mastercard company, that provides risk-based authentication technology.
Oikocredit invests in Bankingly to support digital financial services in emerging markets
09-05-2022 | 14:35:38
Social impact investor and global cooperative Oikocredit has become a minority shareholder in Bankingly, a software provider enabling the digitisation of cooperatives, microfinance institutions and small and medium banks.
[South Africa] Customers twice as likely to recommend buy now pay later than banks, survey
09-05-2022 | 11:31:00
South African customers who have used buy now, pay later to purchase goods would overwhelmingly recommend it as a payment method. his emerged in a survey of over 7,300 customers of BNPL fintech Payflex,
Afreximbank declared “Best Multilateral Bank”
09-05-2022 | 11:09:00
Afreximbank is delighted to announce its receipt of the award for Best Multilateral Development Bank at the Trade Finance Global (TFG) 2022 International Trade Awards.
[Mauritius] AfrAsia Bank appoints Inderjit Bedi as new Chairman
09-05-2022 | 10:07:43
AfrAsia Bank announced the appointment of Inderjit Bedi as its new Chairman. Mr Bedi was selected for this position unanimously with an earlier recommendation by the Corporate Governance Committee.
Rapid shift to digital banking accelerating erosion in consumer trust, Accenture report
09-05-2022 | 10:07:43
The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks.
Global Islamic finance assets expected to hit $ 3.69 trillion in 2024, report
09-05-2022 | 10:07:43
Global Islamic Finance assets are forecast to reach $3.69 trillion by 2024, according to the 2020 Islamic Finance Development Report.
Ecobank Academy trains NCD Alliance members from over 30 countries on financial management
09-05-2022 | 10:07:42
The Ecobank Academy, which is the corporate university of the leading pan-African banking group, Ecobank, is providing bespoke financial management training courses for national and regional alliance members of the NCD Alliance.
Fidelity Bank Ghana opens new branch in Sampa
09-05-2022 | 10:07:42
Fidelity Bank Ghana has opened a new full-service branch in Sampa in the Bono Region to provide comprehensive financial services to residents in Sampa and its environs.
National Bank of Angola grants Unitel license for financial services
09-05-2022 | 10:07:41
The National Bank of Angola (BNA) has granted a Payment Service Provider license to Unitel Serviços Financeiros Móveis (SU), SA, at the request of this operator.
World Bank approves $400m program to support Morocco’s social protection response and reform
09-05-2022 | 10:07:41
The World Bank approved a $400 million program to support Morocco’ social protection system, as part of the kingdom’s sweeping reforms to strengthen its social safety nets.
African Development Fund approves $71.5m loan for road upgrading in Uganda
09-05-2022 | 10:07:41
The African Development Fund (ADF) approved a loan of $71.5 million to pave sections of two roads in southwestern Uganda, a project expected to boost livelihoods, school attendance and rural connectivity.
CISI launches new Kenya National Advisory Council
09-05-2022 | 10:07:41
The Chartered Institute for Securities & Investment (CISI) announced the launch of its Kenya National Advisory Council (NAC).
Digital payments fraud surges during pandemic, study
09-05-2022 | 10:07:40
Amid coronavirus-driven lockdowns and social distancing, proliferating mobile apps and online channels have proven vital lifelines. US mobile banking grew 50% in the first half of 2020.
TymeBank South Africa and Network International empower SMEs with digital payment solutions
09-05-2022 | 10:07:40
TymeBank, a digital bank in South Africa, looks to empower small and micro businesses to accept card payments, powered by Network International, an enabler of digital commerce across Africa and the Middle East.
IFC loans $10m to I&M Bank Rwanda to support SMEs, economic activity and Jobs
09-05-2022 | 10:07:40
IFC announced a loan to I&M Bank Rwanda, to help the bank increase lending to potentially thousands of Small and Medium Sized enterprises in Rwanda, many of which are facing COVID-19-related liquidity challenges.
4G Capital partners with Citi to strengthen financial inclusion in Kenya
09-05-2022 | 10:07:39
4G Capital Group Limited, Citi, U.S. International Development Finance Corporation (DFC) and the Ford Foundation have partnered to expand financial inclusion in Kenya.
[Kenya] KCB receives $150 million from IFC for SMEs lending, climate finance
09-05-2022 | 10:07:38
KCB Bank Kenya has received an approval for U$150 million, from the International Finance Corporation (IFC) as lead syndicator, to support the growth of the Bank’s sustainable climate finance portfolio and scale-up lending to micro, small and medium enterprises.
Equity Bank inks $2billion deal with Kenya National Chamber of Commerce and Industry targeting businesses
09-05-2022 | 10:07:37
The Kenya National Chamber of Commerce and Industry (KNCCI) and Equity have signed an MOU that has seen Equity set aside Ksh 200 billion, approximately $2 billion, for KNCCI members.
Afreximbank launches MANSA, Africa’s digital due diligence repository
09-05-2022 | 10:07:37
Afreximbank officially launched the operations of ‘MANSA’, a pan-African customer due diligence repository for financial institutions, corporate entities and SMEs, developed to address the perceived risk of doing business in Africa and with Africans.
IFC and Union Bank partner to boost access to trade finance in Nigeria
09-05-2022 | 10:07:36
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and help protect the country’s economy.
Central Bank of Egypt sets up EgyCash company for money transfer
09-05-2022 | 10:07:36
The Central Bank of Egypt has announced setting up EgyCash company for technological solutions of monetary dealing.
African Development Bank achieves satisfactory results in Madagascar
09-05-2022 | 10:07:36
The African Development Bank is achieving satisfactory results in Madagascar, according to the mid-term report of the Country Strategy Paper (CSP) for the period 2017-2021 and the performance review of the 2019 country portfolio.
African Development Bank invests in SPARK+ Africa Fund to deliver clean cooking solution
09-05-2022 | 10:07:36
The African Development Bank approved $5 million investment in the SPARK+ Africa Fund to deliver clean cooking solutions to over two million households across Africa.
Huawei, Sunline jointly launch contactless Digital Loan One Box Solution
09-05-2022 | 10:07:35
Sunline and Huawei have jointly released the Digital Loan One Box Solution, a global contactless solution for financial services.
World Bank debars Techno Brain Kenya, Techno Brain UAE for 28 and 10 months respectively
09-05-2022 | 10:07:35
The World Bank announced a twenty-eight month debarment of Techno Brain Kenya, an IT-services company, and a ten-month debarment of its parent company, Techno Brain UAE, in connection with collusive and fraudulent practices.
African Development Bank approves $120m loan to build Malagarasi hydropower project in Tanzania
09-05-2022 | 10:07:35
The African Development Bank approved a $120 million loan to fund the construction of a 50 MW hydropower plant in Western Tanzania.
Consortium of global multilateral development banks calls for measures to support trade continuity in Sub-Saharan Africa
09-05-2022 | 10:07:34
The Pulse check report issued by a consortium of multilateral development banks and trade research institutions, recounts the views of sub-Saharan banks on multi-lateral development banks’ responses to uphold a well-functioning trade finance market.
Ecobank launches financial programme targeting women led businesses across 33 markets
09-05-2022 | 10:07:34
The Ecobank Group launches ‘Ellevate’, a programme for women-owned and women-focused businesses across 33 markets.
[Kenya] Rispah Simiyu appointed new KRA Domestic Tax Commissioner
09-05-2022 | 10:07:33
The Kenya Revenue Authority (KRA) has appointed Rispah Simiyu as the new Commissioner for Domestic Taxes, effective 22nd October 2020.
Afreximbank, Rwanda sign agreement for establishment of Fund for Export-Development in Africa
09-05-2022 | 10:07:33
African Export-Import Bank (Afreximbank) and the Republic of Rwanda signed key documents related to the establishment of the Fund for Export-Development in Africa (FEDA), a development-oriented subsidiary of Afreximbank.
AfricInvest acquires minority stake in Fidelity Bank Ghana
09-05-2022 | 10:07:33
AfricInvest, Pan-African mid-cap-focused private equity firm, announced the acquisition of a minority stake in Fidelity Bank Ghana.
Digital wallets, security drive artificial intelligence adoption in banking sector, report
09-05-2022 | 10:07:32
Growing adoption of digitization across the global banking sector is significantly boosting the use of advanced technologies including artificial intelligence according to the latest report by Research and Markets.
KBA, KCIC collaborate on advancing green financing in Kenya
09-05-2022 | 10:07:32
The Kenya Bankers Association (KBA) and the Kenya Climate Innovation Centre (KCIC) signed a Memorandum of Understanding aimed at advancing the green finance agenda in Kenya.
Bamboo Capital, Government of Madagascar, World Bank launch $40m energy access fund for Madagascar
09-05-2022 | 10:07:32
Bamboo Capital Partners has been appointed by the Government of Madagascar and the World Bank as the international fund manager for the Off-Grid Market Development Fund, a $40 million renewable energy access fund.
[Nigeria] GTBank reports Profit before Tax of ₦167.4b in Q3
09-05-2022 | 10:07:31
Nigeria's Guaranty Trust Bank (GTBank) released its unaudited financial results for the period ended September 30, 2020 to the Nigerian and London Stock Exchanges, reporting Profit before Tax of ₦167.4 billion.
Bboxx secures $4m loan from FEI OGEF to accelerate energy access in DRC
09-05-2022 | 10:07:31
Bboxx, a next generation utility, has secured a $4 million loan from the Facility for Energy Inclusion Off-Grid Energy Access Fund (FEI OGEF), a debt fund managed by Lion’s Head Global Partners (LHGP), to accelerate Bboxx’s operations in the DRC.
Finastra launches pre-packaged payments solution for small and mid-sized banks
09-05-2022 | 10:07:29
Finastra revealed Fusion Payments To Go, its payments solution aimed at small and medium-sized banks looking to implement domestic and cross-border payment services in Europe, the US and South Africa.
Middle East’s STCPay selects Temenos to expand its digital payments portfolio
09-05-2022 | 10:07:29
Temenos, the banking software company, announced Saudi Arabian digital wallet, STCPay, has selected cloud-native, cloud-agnostic Temenos Payments and Temenos Transact running on a private cloud to achieve exponential growth.
Société Générale, EIB unlock €10m support for SME investment in Cameroon
09-05-2022 | 10:07:29
Société Générale and the European Investment Bank (EIB) confirmed agreement of a new joint initiative to support economic development across Cameroon.
Standard Chartered Bank introduces SCB and Liverpool FC Visa debit co-brand card in Kenya
09-05-2022 | 10:07:28
Standard Chartered Bank announced the launch of co-branded SCB and Liverpool FC debit cards.
World Bank approves $61.5m from GPE to boost reforms, quality education in Sudan
09-05-2022 | 10:07:28
The World Bank approved an education program supported by a $61.5 million grant from the Global Partnership for Education (GPE) for the Sudan Basic Education Support Project.
Accelerex Holdings secures $20m investment from Africa Capital Alliance
09-05-2022 | 10:07:28
Accelerex Holdings Mauritius announced it has signed an investment agreement with regional private equity firm, Africa Capital Alliance (ACA), for the Capital Alliance Private Equity IV (CAPE IV) fund to invest $20 million in Accelerex.