Access to Finance News

Uganda: KCB in Drive to Promote Financial Literacy

18.05.2017

 | Source: The Observer; All Africa

KCB Bank launches a campaign in Uganda aimed at deepening the financial literacy of economic players, especially SMEs.

Nigeria: What Federal Government's Savings Bond Means to Nigerians

15.05.2017

 | Source: Daily Trust; All Africa

The bond is part of the Federal Government's programme to encourage small savers earn more income (interest) when compared to their savings accounts with banks.

Kenyans to Use Livestock as Security Against Bank Loans

10.05.2017

The new law is meant to help bank customers without common and costly forms of collateral such as motor vehicles (logbook) or land (title deed) to access credit.

Tanzania: You Are Yourself to Blame, JPM Tells Commercial Banks

09.05.2017

 | Source: Tanzania Daily News; All Africa

Three banks have over 50 per cent of non-performing loan ratio in this year's quarter one as banks loan repayment default rate have soared to record high.

Zimbabwe: $90m Package for SMEs Unveiled

08.05.2017

 | Source: The Herald; All Africa

This comes as Government enhances efforts to stimulate economic growth through small to medium enterprises.

Namibia: Agribank Launches Collateral-Free Loan

03.05.2017

 | Source: New Era; All Africa

Namibian Agribank has launched a collateral-free loan and other financial products to broaden finance access to communal farmers.

Afreximbank Ties Factoring’s Growth in Africa to Strengthened Legislation

02.05.2017

African countries must implement strong legislation to foster the growth of factoring in order to enhance access of the continent’s small and medium-sized enterprises (SMEs).

Tanzania: High Non-Performing Loans May Derail Growth

01.05.2017

 | Source: Tanzania Daily News; All Africa

Issues of NPLs and costs efficiency are related in several ways with general belief that failing banks tend to be located far from the best practice.

Uganda: new report cautions banks on agent banking

24.04.2017

 | Source: The Monitor; All Africa

The study also shows that almost 80 per cent of the potential market is in rural areas and as such costs will play a great role in determining the success of this model.

Agric Bank launches first mobile banking solution in Mali

31.03.2017

"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.

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