Access to Finance News

Rwanda: Bank of Kigali in New Drive to Deepen Financial Inclusion


 | Source: The New Times; All Africa

Bank of Kigali says it aims at shooting three birds with one stone through its Bigereho Na BK campaign activated three weeks ago, by, first educating Rwandans on benefits of working with banks, then entice them to open or reactivate accounts and encourage them to save regularly.

Zimbabwe: Women's Empowerment Bank Ready to Roll


 | Source: The Herald; All Africa

The setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.

Tanzania: BoA Launches New Banking APP


 | Source: The Citizen; All Africa

Bank of Africa Tanzania (BoA) has launched a new banking App that will allow customers to make financial transactions through mobile phone for free.

Nigeria: CBN Reviews Limits On Mobile Money Transaction, Balance


 | Source: Vanguard; All Africa

The Central Bank of Nigeria (CBN) has reviewed daily mobile money wallet transaction and balance limit, as well as the Bank Verification Number (BVN) requirement for mobile money wallet holders.

Uganda: BOU to Approve Bank Agents


 | Source: The Monitor; All Africa

Bank of Uganda (BoU) is likely to approve bank agents in two weeks, BoU director for commercial banking Benedict Sekabira has said.

Nigeria: CBN Moves to Protect Fraud Through USSD Banking


 | Source: Leadership; All Africa

With all the banks in the country now having Unstructured Supplementary Service Data (USSD) codes for banking transactions, the Central Bank of Nigeria (CBN) has issued an exposure draft regulatory framework for the use of USSD codes in the country.

Kenya: Bank Agents Boosted By Cash Transfer Programme


 | Source: The EastAfrican; All Africa

The Kenya government's decision to appoint bank agents as its paypoints for cash transfer programmes for the poor, the elderly and the disabled last year increased the number of their transactions by over 1,200 per cent.

Ghana: The Evolution of Digital Banking in Ghana


 | Source: Business Day Ghana; All Africa

Digital or electronic banking (e-banking) is believed to be providing an efficient and more reliable platform for banks and their customers to transact business with ease.

Ethiopia: Agro-Pastoral Community to Benefit From Livestock Insurance


 | Source: Namibia Economist; All Africa

Nyala Insurance Company in collaboration with Omo Micro Finance and donors has launched indemnity based livestock insurance service in Southern Omo Zone.

Nigeria: BoI Disburses Funds to Over 1,000 Plateau Women


 | Source: Daily Trust; All Africa

The Bank of Industry (BoI) has disbursed loan facilities ranging from N10,000 to N50,000 to over 1,000 women entrepreneurs in Plateau State, under the Government Enterprise and Empowerment Programme (GEEP).

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