African Financial Sector News

African Development Bank to host a Conference on Financial Sector Development in African States Facing Fragile Situations


Senior policy-makers, financial institutions executives and development partners will convene in Abidjan, Côte d’Ivoire from June 28 to 29, 2016 to examine how best to promote the development of effective financial systems in African countries facing fragile situations.

Mobile, Internet boosting Kenya's banking sector development, new report shows


The Cytonn Banking Report has revealed that the banking sector in Kenya experienced growth in Q1 2016.

Mastercard grants $12 million to Microcred to strengthen financial inclusion


The program will be implemented in Ivory Coast, Senegal and Madagascar.

Experts look at new funding opportunities for Nigerian SMEs


As oil revenues drop, African governments are looking at ways to develop SMEs.

EXIM Bank and UBA sign agreement to finance trade between US and Africa


MoU allows for the provision of up to $100 million in loans.

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