Credit Bureaus News

Tanzania: Credit bureaus trigger reduction in non-performing loans

14.07.2016

Financial institutions are increasingly using the Credit Reference Databank.

Malawi: Parliament forces banks to provide information to credit bureaus

19.11.2015

It has adopted amendments to the Credit Reference Bureau Act.

The central bank of Malawi takes steps to improve confidence in the banking sector

21.09.2015

It unveiled new penalties for banks not complying with the Financial Services Act.

Rwanda: TransUnion launches credit score

18.05.2015

The credit information should help banks conduct a proper risk assessment.

Cameroon to set up a credit bureau system

10.03.2015

This is a collaborative effort between the BEAC, the IFC and the Cameroonian government.

Namibia: Credit and data providers can now share borrowers' information

06.03.2015

The BoN said this will enable credit providers to undertake effective credit risk assessment.

WAEMU welcomes first credit bureaus

29.01.2015

The facilities should be operational from June 2015.

First non bank-based credit card launched in Nigeria

04.09.2014

The first non bank-based credit card in Nigeria has been unveiled by '3 Capital Nigeria Limited'.

African central banks urged to promote agricultural finance

22.07.2014

"Central banks need to promote agriculture and increase institutional development", said deputy governor of the Bank of Ghana Millison Narh at the end of the conference on revolutionising finance for agriculture value chains recently held in Nairobi.

African countries will pay more to issue eurobonds, says S&P

30.05.2014

US rating agency Standard & Poor's (S&P) said that the financial costs associated with the issuance of eurobonds will now be greater for African countries.

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