Access to Finance News

Nigeria: Union Bank Unveils Innovations On Digital Banking Platforms


 | Source: Daily Trust; All Africa

Union Bank has unveiled a plethora of digital banking solutions which will allow customers perform banking transactions through short code messaging on their mobile phones.

Tanzania: Bank Allocates Fund to Irrigation Projects


 | Source: Tanzania Daily News; All Africa

Tanzania Agricultural Development Bank (TADB) yesterday pledged to allocate fund to support irrigation farming with the purpose of facilitating attainment of sustainable food self-sufficiency in the country.

Zimbabwe: Market Embraces Netone Products


 | Source: The Standard; All Africa

NetOne last week launched OneCover, a micro mobile insurance that offers funeral insurance to subscribers and OneTech, which offers smartphones on credit loaded with free OneFusion airtime for the whole year.

Zimbabwe: Dairy Sector, Banks in Funding Talks


 | Source: Zimbabwe Independent; All Africa

The Zimbabwe Association of Dairy Farmers (ZADF) has engaged the banking sector in efforts to secure funding for the industry.

Nigeria, Morocco Collaborate On Agricultural Insurance


 | Source: This Day; All Africa

Nigeria and Morocco have set up a steering committee to develop a sustainable crop insurance scheme for the country.

Malawi: NICO Urged to Extended Insurance Services to Rural Masses


 | Source: Malawi News Agency; All Africa

Chief Executive Officer (CEO) for CDH Investment Bank, Misheck Esau has called on NICO General Insurance to extend insurance service to rural communities.

Nigeria: Skye Bank Unveils New Digital Solution, SkyeXperience


 | Source: This Day; All Africa

Skye Bank Plc, one of Nigeria's largest retail lenders, unveiled a new digital banking solution called SkyeXperience which is considered as as a game-changing innovation that is poised to put industry competitors in the digital catch-up mode.

Africa: New Report Details How Legacy Financial Institutions Are Deepening Financial Inclusion Through Fintech Partnerships


 | Source: PR Newswire; All Africa

CFI, IIF, and MetLife Foundation released a new report examining how partnerships between mainstream financial institutions and fintechs are expanding access to the formal financial economy to the unserved and underserved in emerging markets.

Kenya: Virtual Lender Branch Kenya Loans Hit Sh3.6 Billion


 | Source: Daily Nation; All Africa

Mobile-based lender Branch has disbursed a cumulative Sh3.63 billion ($35 million) loans in Kenya where virtual lending is growing in popularity.

Tanzanians Encouraged to Use Insurance Covers


 | Source: Tanzania Daily News; All Africa

Stakeholders in the insurance industry yesterday emphasised on the need for increased number of people using insurance services in the country, in a bid to make the sector contribute more to the Gross Domestic Product (GDP).

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