African Financial Sector News

Africa Development Forum: Experts look at ways to attract Private Equity investment in Africa


Although it experiences strong economic growth, Africa is struggling to attract Private Equity (PE) and international investment capital.

S&P expects strong Islamic finance growth in Morocco


Islamic finance could represent - within three to five years - between ten and 20 per cent of Morocco's banking system, according to Standard & Poor's economic analyst Mohamed Damak.

Rwanda could issue next dollar bond in early 2015


Rwanda could issue its second Eurobond as early as the beginning of next year, according to Finance Minister Claver Gatete.

Equity Bank to roll out American Express cards in Rwanda


Equity Bank - with nine million customers in Rwanda - announced on Thursday (October 16th) that it plans to introduce American Express cards in the country.

Angola: BIC Bank launches insurance subsidiary


BIC Bank is now offering insurance services in Angola under the brand BIC Insurances.

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