Access to Finance News

AFSIC 2018


Investing in Africa

Rwanda: Commercial Bank of Africa Officially Launches Rwanda Operations


 | Source: The New Times; All Africa

Commercial Bank of Africa (CBA) yesterday officially unveiled its operations in Rwanda.

Ethiopia: DBE Provides First Ever Loan to Financial Institutions


 | Source: Addis Fortune; All Africa

Development Bank of Ethiopia (DBE), the state policy bank, has for the first time financed a quarter of a billion Birr to four private commercial banks and four microfinance institutions.

Nigeria: Keystone Bank Partners Nipost On Rural Banking Services


 | Source: The Guardian; All Africa

Keystone Bank has entered into partnership with the Nigeria Postal Service (NIPOST) and i-OneC through leveraging of data to improve its product offerings.

Nigeria: CBN Supplies $210m for Wholesale, SMEs, Others


 | Source: Premium Times; All Africa

The Central Bank of Nigeria on Monday continued its supply of foreign exchange to guarantee adequacy in liquidity to customers' in various segments of the market, with another $210million to the inter-bank Foreign Exchange Market.

In sub-Saharan Africa, e-money transactions rose by 14.4% in 2017


 | Source: Ecofin Agency

In sub-Saharan Africa, the overall amount of mobile money transactions reached $19.9 billion in 2017, up by 14.4% from the volume of transactions in 2016. This is revealed in a report from the World Association of Mobile Operators (GSMA).

Rwanda: Central Bank Urges MFIs to Automate to Reduce Bad Loans


 | Source: The New Times; All Africa

The National Bank of Rwanda (BNR) has called on microfinance institutions (MFIs) across the country to embrace automation and reduce the rate of bad loans before the end of the year.

Tanzania: BOT's New Measures to Boost Lending


 | Source: The Citizen - All Africa

The Bank of Tanzania (BoT) has published new measures intended to improve access to credit.

MFW4A partners with AUHF, CAHF, IFC and CRRH-UEMOA to build capacity of the Mortgage Finance Industry


Building viable and sustainable housing finance operations across the value chain and to all income segments in Africa

Mozambique: Afreximbank Hopes to Finance Agro-Processing


 | Source: Agência de Informaçao de Moçambique; All Africa

The African Export and Import Bank (Afreximbank) has expressed an interest in financing agro-processing projects in Mozambique.

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