Access to Finance News

Kenya: MasterCard launches mobile payment solution for farmers


The solution offers digital financial services to small scale farmers.

Ghana: BoG to migrate electronic payment systems


The migration is to reduce illicit financial transaction on electronic payment platforms

EIB partners with East African banks on credit facility


A Euro 250 million (Sh27 billion) credit facility has been approved by EIB to companies through local banks

Angola: Apex Bank retains benchmark interest rate


Interest rate was retained to ensure price stability in the economy

Zambia: ZUFIAW urges banks to lower interest rates


This will help borrowers access loans at affordable rates

Libya: Banks raise service charges amidst a cash shortage


The lingering cash shortage has led to increase in bank service charges.

Nigeria's Central Bank floats N30billion AGSME fund


The initiative will enable agric/SMEs access credit at single digit interest.

Wari and Mastercard agree to promote the use of electronic money in 35 markets


These solutions will strengthen the digital payment ecosystem offered by Wari

Rwanda lowers benchmark interest rate


The reduction in benchmark interest rate will motivate lending

Namibia: SME Bank to kick start international banking unit in 2017


This will enhance SMEs international trade

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