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30-10-2014 23:52:00 | by: Administrator | hits: 31000952 | Tags:

[East Africa Business Week] Bob Koigi: Investing in women-led businesses
30-09-2022 | 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
30-09-2022 | 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
30-09-2022 | 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
30-09-2022 | 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
29-09-2022 | 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.
Afreximbank Trade Payment Services (AfPAY) launched
29-09-2022 | 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.
PROPARCO and Coronation Merchant Bank Limited signed $20 million trade finance guarantee facility in Nigeria
29-09-2022 | 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.
Afreximbank and the Nigeria Governors Forum to announce the 2nd African Sub-Sovereign Governments Conference
29-09-2022 | 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
29-09-2022 | 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
29-09-2022 | 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
29-09-2022 | 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.
Microsoft to support continuous transformation of Africa’s Financial Services Industry
29-09-2022 | 09:02:51
Transforming the Financial Services landscape in Africa will be a critical driver of economic prosperity across the continent, a banking summit has been told.
[Kenya] Safaricom, NCBA and KCB restructure Fuliza with free daily fee
29-09-2022 | 07:28:00
Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility.
AfDB, Caisse des dépôts sign grant agreement to support micro-enterprises in Côte d’Ivoire
28-09-2022 | 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
28-09-2022 | 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
28-09-2022 | 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.
Ghanaian Startups to benefit from new accelerator model in the MEST Express Program
28-09-2022 | 10:09:00
MEST has selected six impact-driven startups to take part in MEST Express Accelerator’s first-ever cohort focused on sustainability.
Banque Agricole débloque plus de 7 milliardsFCFA pour accompagner les producteurs du riz
28-09-2022 | 09:19:00
Les comités de crédit de la zone Nord de La Banque Agricole (LBA) se sont réunis pour statuer sur les demandes de financement exprimées par les producteurs de la Vallée du Fleuve Sénégal au titre de la campagne contre saison chaude Riz 2022.
[Global Wealth Report ]: L’Afrique enregistre une hausse de la fortune privée globale.
28-09-2022 | 08:59:00
L’Afrique enregistre une hausse de la fortune privée globale de 7,7%, établie à 5808 milliards de dollars fin 2021. Cette même année, partout dans le monde, la richesse mondiale totale a bondi de 9,8% ce qui représente une hausse de 41 500 milliards de dollars.
FEDA announces its first close of $670 million across four fund strategies
28-09-2022 | 07:55:15
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, has announced its first close of $670 million across its four fund strategies.
Proparco, Coronation Merchant Bank partner to increase access to trade finance in Nigeria
27-09-2022 | 11:12:00
Proparco announced a $20 million Trade Finance Guarantee Facility for Coronation Merchant Bank (CMB), to establish and deepen partnerships with correspondent banks, thereby increasing access to trade finance in Nigeria.
Digital bank FairMoney partners with Oradian to accelerate market growth in Africa and Asia
27-09-2022 | 09:50:00
FairMoney, a credit-led mobile banking platform for emerging markets in Africa and Asia, has partnered with Oradian, a cloud-based core banking system, to power its next stage of growth and product innovation.
African Development Bank provides €28m for development of road networks in Senegal
27-09-2022 | 09:18:00
The African Development Bank Group has approved a €28.88 million loan for improvements to the road and transport network linking six Senegalese municipalities.
BAD accorde près de 29 millions d’euros pour développer le réseau routier au Sénégal
26-09-2022 | 12:34:36
Le Conseil d’administration du Groupe de la Banque africaine de développement, a donné son feu vert à un prêt de 28,88 millions d’euros au Sénégal, pour améliorer le réseau routier et les transports dans six communes du pays.
Le 132ème Conseil d’Administration de la BOAD autorise de nouveaux engagements pour 349,5 milliards FCFA.
26-09-2022 | 09:23:00
Le Conseil d’Administration de la Banque Ouest Africaine de Développement (BOAD) s’est réuni en présentiel à Cotonou au Bénin pour sa 132ème session ordinaire, sous la présidence de Monsieur Serge EKUE, Président du Conseil d’Administration, Président de la BOAD.
[Kenya] Huawei to power Absa's new branch network digital foundation
26-09-2022 | 06:52:04
Huawei Technologies and Absa Kenya have announced a new partnership to build a new platform to drive the bank's corporate digital transformation program.
African Development Bank issues $100m 7-year ''Feed Africa'' theme bond
23-09-2022 | 13:36:00
The African Development Bank (AfDB), has issued a $100 million 7-year ''Feed Africa'' theme bond due September 2029. The new issuance was arranged by Citigroup Global Markets and sold to a single Japanese investor, Norinchukin Bank.
Nedbank partners with SA PALS to transform South Africa's agricultural sector
23-09-2022 | 13:18:00
Nedbank has announced a partnership with South African Partners in Agri Land Solutions (SA PALS), to facilitate transformation in the agricultural sector through a funding programme in enterprise development.
10 Milliards pour contribuer activement au développement des PME de Côte d'Ivoire
22-09-2022 | 11:38:00
Confédération Patronale Unique des PME ( CPU-PME-CI ) dirigée par le Président Moussa Elias Farakhan DIOMANDÉ, ont signé une convention-cadre avec la BNI à son siège à Cocody. Cette convention met à disposition des PME, dix (10) Milliards de francs cfa à des taux avantageux.
Kippa obtained Super Agent Banking Licence from Central Bank of Nigeria
22-09-2022 | 08:45:00
The Central Bank of Nigeria (CBN) has issued Africave Technologies Limited DBA Kippa, the financial management and payments platform, a Payment Solutions Services Licence to Operate as a Super-Agent.
Nedbank partners with Africarare to join the metarverse
22-09-2022 | 08:34:15
This forms part of the financial services group’s strategy to lead in digital, go beyond banking, discover new marketing platforms and leverage new technology to better serve its customers and stay at the forefront through forward-thinking solutions.
[Nigeria] Digital bank FairMoney collaborates with Oradian to accelerate market growth
22-09-2022 | 08:31:39
FairMoney, a credit-led mobile banking platform for emerging markets in Africa and Asia, has partnered with Oradian, a cloud-based core banking system, to power its next stage of growth and product innovation.
KCB Group Shareholders approve proposed Trust Merchant Bank SA (TMB) acquisition
22-09-2022 | 08:26:39
KCB Group Plc shareholders have approved the proposed acquisition of the DRC-based lender Trust Merchant Bank SA (TMB) during an Extra Ordinary General Meeting held in Nairobi.
COMESA Central Bank economists undergo training to strengthen financial system
22-09-2022 | 08:26:13
The COMESA Monetary Institute (CMI) organized the training to enhance the implementation of the COMESA Financial System Development and Stability Plan.
Banque Africaine de Développement veut accélérer le déploiement de ses projets au Mali
21-09-2022 | 13:59:00
Le gouvernement malien et la Banque africaine de développement ont convenu de donner un coup d’accélérateur aux projets en cours destinés à réduire la pauvreté dans le pays.
[Column] Gbenga Okejimi: How WorldRemit is promoting financial inclusivity in Ghana
21-09-2022 | 13:41:00
In emerging markets all across the globe, marginalized groups face limited access to both financial services and financial literacy.1 As a result of the financial exclusion, many developing countries face extreme poverty rates which leads to instability.
BGFIBANK SA renforce son partenariat avec le Kongo Central
21-09-2022 | 13:11:00
BGFIBANK SA renforce son partenariat avec le Kongo Central afin d'améliorer les conditions de vie à travers le financement des projets d'investissements et structurants
CreditCare Tech partners with Moneygram to expands trusted service in Nigeria and more locations globally
21-09-2022 | 11:39:24
Creditcare Technology announced that they have partnered with MoneyGram a global leader in the evolution of digital P2P payments, to expand further into the emerging markets of the Philippines, Vietnam, and, now Nigeria with Moneygram.
IFAD, partners slash the cost of migrant remittances to Ghana
21-09-2022 | 10:09:29
Through the PRIME Africa initiative, also co-financed by the European Union (EU), IFAD is providing grants to leading private sector actors to expand access and lower costs of digital remittances from migrant workers based in several European countries.
African Women Impact Fund launches with $60 million commitment to drive an inclusive investment environment
20-09-2022 | 12:16:55
The AWIF Initiative’s primary purpose is to overcome the systemic barriers and investor biases in the asset management industry, by enabling and promoting women-owned and women-led funds on the African continent.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
20-09-2022 | 10:28:00
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque Africaine d'Import-Export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
AfDB issues inaugural Green Bond in South African rand market
19-09-2022 | 15:43:00
The African Development Bank (AfDB), announced it has issued a 200 million South African rand (ZAR) 1-year Green Bond due September 2023. The bond, which pays a coupon of 6.90%, was arranged by Daiwa Capital Markets Europe.
L'African Business Roundtable et Afreximbank organisent un séminaire en ligne gratuit le 28 septembre
19-09-2022 | 13:04:00
Dans la continuité de la série de webinaires qui s'est déroulée tout au long de l'année, l'African Business Roundtable et la Banque africaine d'import-export (Afreximbank) vont organiser un autre webinaire sur le renforcement des capacités et la préparation des investisseurs.
African Business Roundtable, Afreximbank organize free webinar masterclass, September 28
19-09-2022 | 11:58:00
In continuation of the series of webinars that has been ongoing throughout the year, the African Business Roundtable and the African Import Export Bank (Afreximbank) are set to hold yet another webinar on capacity building and investor preparation.
Mobile remittances to lead digital revolution in marginal rural areas in five African countries
16-09-2022 | 14:35:00
The International Fund for Agricultural Development (IFAD) announced its first grant to a digital payments company, MFS Africa, to promote the use of mobile remittances in marginal rural areas in five African countries.
Equity bank set to acquire certain assets and liabilities of Spire Bank, Kenya
16-09-2022 | 13:43:00
Equity Bank announced it has signed an Assets and Liabilities Purchase Agreement with Spire Bank for the purchase of certain assets and liabilities.
Stanbic Bank’s borderless banking platform records demand and growth in East Africa
16-09-2022 | 09:30:00
Spanning a single network that includes Uganda, Tanzania, Kenya and South Sudan, the Borderless Banking solution has grown exponentially between January 2021 to March 2022, at a rate of USD 40 million of transactional volume from virtually zero in January 2021.
[East Africa Business Week] Bob Koigi: Banking on innovations, partnerships to grow financial services sector
16-09-2022 | 08:17:27
These developments have led to improved services and a robust sector that is shaping the region’s financial services industry dynamics.
Mastercard and Ecobank Group partner to digitize agricultural value chains in Africa
16-09-2022 | 07:08:30
Under the partnership, Ecobank will extend the reach and impact of the Mastercard Farm Pass platform leveraging its Pan-African network of 33 countries.
Ecobank partners with AMA Academy to launch fintech training and awards for African journalists
15-09-2022 | 13:38:00
Ecobank Group and AMA Academy will work together to develop customised fintech training modules for business, finance, and tech journalists across the continent. Modules will be available in two languages: English and French.
[Nigeria] SAS Summit demonstrates how AI can cast a safety net over African financial services
15-09-2022 | 10:57:00
Innovation and digital transformation have driven the rapid expansion of financial services across the continent, especially over mobile devices by telecommunications providers, bringing transactional power to customers in the most rural areas.
DEG celebrates 60th birthday with recent loan of EUR 23 million for SME financing in South Africa
15-09-2022 | 08:52:00
Deutsche Investitions- und Entwicklungsgesellschaft mbH ( DEG) celebrates its 60th birthday. It was founded by the German government to support the expansion of the private sector in developing countries with investment capital.
Jaime Pinto appointed as Software Group’s Chief Commercial Officer for Africa
15-09-2022 | 08:11:00
Software Group has announced the appointment of Jaime Pinto as the Chief Commercial Officer for the Africa region. Jaime brings his 20+ years of professional experience in Payments, Telecom, Mobile and Financial solutions.
AfDB appoints Caroline Kende-Robb as Director, Strategy and Operational Policies Department
14-09-2022 | 13:36:00
The African Development Bank has appointed Caroline Kende-Robb as Director, Strategy and Operational Policies Department, effective 16th October 2022.
IFC launched $2 Billion Global Bond to support private investment in developing countries
14-09-2022 | 11:44:00
IFC, a member of the World Bank Group, issued a new US dollar global benchmark bond, raising $2 billion to unlock private investment in emerging markets and developing economies.
Letshego Group launches affordable housing to support more citizens across its Pan-Africa footprint
14-09-2022 | 11:28:00
Launching first in Botswana and Namibia, Letshego aims to bring structure and security to more families across its footprint with the launch of its ‘Affordable Housing’ suite of financial solutions.
[Kenya] Equity Bank set to acquire Spire Bank
14-09-2022 | 09:08:00
Equity Bank (Kenya) Ltd, a subsidiary of Equity Group Holdings has signed an Assets and Liabilities Purchase Agreement with Spire Bank Limited for the purchase of certain assets and liabilities of Spire Bank Limited.
Ecobank Transnational appoints Jeremy Awori as new Group CEO
12-09-2022 | 15:38:55
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has appointed Jeremy Awori as the Group’s Chief Executive Officer, to succeed Ade Ayeyemi, who is set to retire after he attains the age of 60, in accordance with ETI policy.
[Nigeria] ProvidusBank, Mastercard, others launch contactless Tap-to-Pay solution
12-09-2022 | 07:14:00
Nigeria’s ProvidusBank has announced a new partnership with Mastercard, Interswitch and Thales Group to bring a new Tap-to-Pay service into the country.
Banco Bai, Angola's biggest bank modernises its tech infrastructure
12-09-2022 | 06:43:00
Angola’s biggest lender Banco BAI has taken bold steps to modernise its technology infrastructure, enabling it to meet the increasingly digital demands of its growing customer base.
[East Africa Business Week] Bob Koigi: Cushioning food systems from shocks
09-09-2022 | 09:10:00
This week, thousands of delegates across the continent and beyond are gathered in Kigali, Rwanda for the African Green Revolution Forum, AGRF, an annual event bringing governments and partners together around food security and making safe, nutritious foods produced in a sustainable way available to all Africans.
Le groupe BCP réalise la première émission obligataire sur Blockchain au Maroc
08-09-2022 | 11:27:00
Le groupe BCP lance, avec l’accompagnement de l’AMMC et la participation de Maroclear, une opération d’émission d’obligations basée sur la technologie Blockchain.
Banque Populaire de Mauritanie acquiert la dernière version de la plateforme iMAL pour renforcer son activité
08-09-2022 | 11:16:00
La Banque Populaire De Mauritanie fait passer la Banque Islamique au niveau supérieur avec la mise en service réussie de la version R14.5 d'iMal d'Azentio
SafariBus card, a new transport payment card in Kigali
08-09-2022 | 09:41:57
Designed and developed by Centrika, a Rwandan fintech and software development company, the smart card dubbed SafariBus has for months been piloted in Musanze District and launched countrywide.
IFC partners with KCB to boost access to climate finance in Kenya
07-09-2022 | 15:32:00
KCB Bank Kenya and IFC have signed a partnership that will help catalyze the growth of climate finance in Kenya by increasing support for businesses addressing climate change.
RapidCollect™ du Groupe Ecobank permet d'encaisser les paiements à travers l'Afrique avec un seul compte
07-09-2022 | 12:08:08
Avec un seul compte, les entreprises clientes peuvent recevoir des fonds instantanément de leurs clients dans leur pays d'origine et les autres pays du réseau panafricain de Ecobank.
Gwendoline Abunaw, Administrateur DG de Ecobank Cameroun et Head Cluster CEMAC, élue présidente de l’APECCAM
07-09-2022 | 11:52:00
L’Association Professionnelle des Etablissements de Crédit du Cameroun (APECCAM) suite de son assemblée générale du 23 juin, la nomination au poste de Présidente Gwendoline Abunaw, Administrateur Directeur Général de Ecobank Cameroun et Head Cluster CEMAC.
Ecobank Group’s RapidCollect™ enable to collect their payments across Africa with only one account
07-09-2022 | 11:27:00
With only one account, business customers can receive funds instantly from their clients in their home country and across Ecobank’s pan-African network
UBA launched world class experience centre
07-09-2022 | 10:18:40
UBA launched a world class Experience Centre in Transcorp Hilton Hotel, Abuja, Nigeria at the Group Chairman’s Retreat which had in attendance, the bank’s executive management team.
Africa and the Caribbean can remove scars of middle passage through cooperation on regions’ great issues
07-09-2022 | 08:27:00
In a keynote address to hundreds of participants gathered from across Africa and the Caribbean for the Forum, Ms. Mottley said that Africa and the Caribbean had the collective brainpower, creativity, discipline, resilience and capital to make a defining difference and called for the creation of air bridges between the regions.
Intengo Market looks to revolutionise Africa’s corporate debt market
05-09-2022 | 14:33:00
Intengo Market, a digital corporate credit marketplace that was previously incubated by Rand Merchant Bank (RMB), is looking to revolutionise the way corporate debt instruments are issued and traded in SA and the rest of the continent.
RMB has partnered with the Shoprite Group through the provision of a R1.5bn loan facility
05-09-2022 | 08:48:35
RMB enables Shoprite’s sustainability journey with R1.5bn combined green and sustainability-linked loan facility.
RMB helps Life Healthcare raise funding through billion Rand bond auction
05-09-2022 | 08:38:25
Life Healthcare Group Holdings Limited (Life Healthcare), South Africa’s second-largest hospital group by number of beds, appointed RMB as sole lead arranger to establish a domestic medium-term note (DMTN) programme and to manage its inaugural bond issuance.
FIS to modernize real-time payments infrastructure and Central Bank digital currencies for countries around the world
05-09-2022 | 08:08:59
FIS has launched its new central infrastructure payment solution, RealNet™ Central, to help central banks transform their markets to digital-first, real-time payment economies.
Flutterwave secures switching and processing license from Central Bank of Nigeria
02-09-2022 | 06:08:00
This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services.
La JBIC a signé une mémorandum d'accord avec la République de Côte d'Ivoire
01-09-2022 | 09:13:00
Promouvoir la coopération pour soutenir les entreprises Japonaises dans la préservation de l'environnement en Côte d'Ivoire
Japan and the African Development Bank announce up to $5 billion in support for Africa’s private sector
01-09-2022 | 09:00:00
The government of Japan and the African Development Bank have announced a $5 billion financial cooperation under the fifth phase of the Enhanced Private Sector Assistance for Africa initiative (EPSA) from 2023 to 2025.
Africa Finance Corporation and Mizuho Bank sign MOU to drive sustainable economic growth in Africa and Asia
31-08-2022 | 09:49:14
Through this partnership, AFC and Mizuho Bank are committed to co-financing infrastructure projects in Africa across key sectors including energy, transport and telecoms.
Nigerian digital bank Eyowo launches Mastercard debit card for seamless payments
31-08-2022 | 09:37:43
Powered by Providus Bank, the Better Card offers customers a seamless payment experience that eliminates the risk of card fraud by safely storing their payment credentials in the Eyowo X mobile app.
African Bank set to acquire majority stake in financial services provider Ubank
30-08-2022 | 11:11:00
African Bank announced it is the successful bidder to acquire the majority of Ubank’s disclosed assets and liabilities and take on its employees on a going concern basis on the closing of the Proposed Transaction.
[South Africa] Vodacom launches VodaLend Cash Advance for underbanked customers
30-08-2022 | 10:47:16
Vodacom Financial Services has launched VodaLend Cash Advance, a product that gives customers quick and secure access to money when they need it most.
JBIC Signs MOU with the Republic of Uganda
29-08-2022 | 13:11:34
Promoting Cooperation for Supporting Japanese Companies Business preserving the environment in Uganda
La BOAD et la JBIC renouvellent leur protocole d’accord pour la promotion de projets en Afrique de l'Ouest
29-08-2022 | 12:55:00
Banque Ouest Africaine de Développement (BOAD) et lJapan Bank for International Cooperation (JBIC) ont signé un protocole d’accord pour la promotion de la durabilité environnementale et sociale dans les pays de l’UEMOA et le soutien des projets de développement dans lesquels les entreprises japonaises sont directement ou indirectement impliquées dans la zone.
BOI and AFD join forces to fight climate change in Nigeria
29-08-2022 | 10:52:00
The Bank of Industry (BOI) and the Agence Française de développement (AFD) built a partnership for a €100mn credit-line for the expansion of green finance in Nigeria.
[East Africa Business Week] Bob Koigi: Bolstering integration with Tripartite Business Council
26-08-2022 | 17:02:19
In a historic move for the integration process, The East African Business Council, COMESA and SADC Business Council recently launched and formed the African Tripartite Business Council.
[Kenya] KCB Group posts KShs.19.6b in half year profit after tax
26-08-2022 | 10:14:00
KCB Group reported net earnings of KShs.19.6 billion for the six months ending June 30, 2022, a 28.4% rise from last year.
RMB partners with South Africa's retailer Shoprite to drive sustainability strategy
24-08-2022 | 16:52:00
South Africa's Rand Merchant Bank (RMB) has partnered with the Shoprite Group through the provision of a R1.5 billion loan facility, to expand the retailer’s key environmental programmes as part of its wider sustainability strategy.
[Nigeria] FBN Holdings appoints Samson Oyewale as Executive Director, Investment Management and Oversight
24-08-2022 | 16:31:00
FBN Holdings has approved the appointment of Samson Oyewale Ariyibi as an Executive Director, Investment Management and Oversight, subject to the approval of the Central Bank of Nigeria (CBN) and the shareholders.
Standard Bank South Africa adds Google Wallet to contactless payments
24-08-2022 | 15:27:00
Standard Bank South Africa announced it has added Google Wallet to its growing list of digital payment methods, which customers have largely embraced as they seek digital payment solutions that are convenient, easy and safe to use.
Fifteen major SA financial institutions migrate to Africa’s top data centre without a hitch
18-08-2022 | 22:46:00
Fifteen major South African financial institutions have successfully migrated all their sensitive business data and hosted systems to Teraco, Africa’s leader in data centre infrastructure.
Afreximbank, Ecobank Togo, et BIA Togo financent la construction de la Plateforme Industrielle d’Adétikop
18-08-2022 | 21:54:00
Afreximbank, Groupe Ecobank et BIA Togo, Groupe Attijariwafa Bank, signent une convention de crédit avec la société Plateform Industrial Adétikopé SAS (PIA) pour la construction des infrastructures de la Plateforme Industrielle d’Adétikopé qui s’étend sur une superficie totale de 400 hectares.
Afreximbank, Ecobank Togo, and BIA Togo finance the construction of the Adétikopé Industrial Platform
18-08-2022 | 21:45:00
Afreximbank, the Ecobank Group and BIA Togo, Attijariwafa Bank Group, have signed a credit agreement with Plateform Industrial Adétikopé SAS (PIA) for the construction of the infrastructure of the Adétikopé Industrial Platform which covers a total area of 400 hectares.
Tap domestic sovereign wealth funds to build Africa back better
18-08-2022 | 17:12:04
The head of the Africa Investment Forum, African Development Bank Senior Director Chinelo Anohu, has called for stronger strategic partnerships and greater involvement of African sovereign wealth funds to rebuild the continent’s economies following the Covid-19 pandemic.
Moov Africa Startup Challenge 2022
18-08-2022 | 14:13:00
Moov Africa Startup Challenge 2022 est une compétition qui consiste à faire concourir des startups innovantes dans les domaines de la Santé, de la Finance, de l’Agriculture, des villes intelligentes, de l’internet des objets et du gaming.
Aktif Bank opened its first international representative office in Rwanda
18-08-2022 | 08:47:00
Aktif Bank Breaks Ground in the African Continent once again by opening it's first international representative office in Rwanda
[Column] Andrew Springate: What merchants and consumers need to know about Registered Mandate Services (RMS)
17-08-2022 | 09:44:00
When South Africa became the first country in the world to launch Authenticated Collections (Debicheck), replacing EDO (AEDO & NAEDO) with DebiCheck in 2021, consumers and merchants breathed a collective sigh of relief.
South Africa's TymeBank acquires Retail Capital fintech to bolster business banking offering
16-08-2022 | 13:57:00
TymeBank, South Africa’s digital bank, is set to bolster its business banking offering with a series of new initiatives, key of which is the proposed acquisition of Retail Capital, a fintech company that provides funding to SMEs and businesses in South Africa.
CMA takes enforcement action against former Board Members and Senior Management of Chase Bank Kenya
16-08-2022 | 13:07:00
In line with its investor protection mandate, the Capital Markets Authority (CMA) has taken enforcement action against former Board Members and Senior Management of Chase Bank Kenya Limited (In Liquidation).
AfDB and partners discuss Africa’s potential to leverage green minerals for the energy transition
15-08-2022 | 12:02:44
A recent webinar hosted by the African Development Bank brought together experts to examine how Africa can become a hub for manufacturing lithium-ion batteries to store energy and electrify the transport fleet.
USA provided $2.5 million in development assistance in Ghana amid global food security crisis
15-08-2022 | 11:48:00
The United States is providing $2.5 million in new development assistance, subject to congressional notification, in Ghana through the U.S. Agency for International Development (USAID).