African Financial Sector News

Ghana: BoG to migrate electronic payment systems


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

Bank of Uganda projects increased lending to private sector


Decline in interest rates of government securities and CBR will increase lending to private sector.

AfDB to raise USD 9.4 billion from capital markets


The fund will be used to finance new projects in member nations.

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

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