Retail lending in Kenya has taken a unique path. It has skipped some stages typical for developed markets and climbed to heights that can be admired and envied.
Karri, the pioneer of the cash-free school movement, has already removed millions of Rands from the school environment.
[South Africa] Financial fraud solutions must beat the best criminal minds and match the rate of digital change
The escalation of financial crime is not far behind the double-digit growth of digital payments.
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in Africa.
Online international money transfer company WorldRemit predicts that 2020 will be the year of intra-African remittances.
Nigerian fintech start-up, Aella has raised a $10m debt financing round, from HQ Financial Group to bolster the company’s commitment to serve the underbanked population in West Africa.
Small and medium-sized enterprises (SMEs) in Morocco will benefit from an EBRD credit line of up to €20 million to Crédit du Maroc dedicated to green investment and the development of value chains.
IFC and the government of the Netherlands launched a pioneering multi-sector program in Jordan and the Middle East and North Africa to help create a stronger private sector, unlock new markets, support entrepreneurship, and create jobs.
African leaders are putting women front and center of efforts to drive the continent’s economic growth through a game-changing fund that invests in women fund managers and also provides technical assistance.
Absa Group Limited’s Barclays-branded subsidiaries in seven African countries - Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania and Zambia were renamed ‘Absa’, completing the name change across the continent.
The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.
[Nigeria] NSE appointed Executive Committee Member of the Financial and Information Services Association
The Nigerian Stock Exchange (NSE) announces its appointment as Executive Committee (EC) member of the Financial and Information Services Association (FISD), a division of the Software and Information Industry Association (SIIA).
The COMESA Business Council (CBC) has implored MSMES to embrace digital finance in their day to day running of business transactions as this will ease trade facilitation.
The EBRD is boosting small businesses and green investments in Egypt with a US$ 82 million financial package to QNB Alahli, one of the country’s largest commercial banks, for on-lending to local enterprises.
Commercial International Bank (CIB), Egypt’s leading private sector bank, has been included in the 2020 Bloomberg Gender Equality Index (GEI).
In line with its drive to deepen the Nigerian capital market, the new NSE Growth Board will encourage Small and Medium-sized Enterprises in their growth phase to seize the opportunity of raising long term capital.
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.