African Financial Sector News

Malawian Government to start Farmers’ Cooperative Bank


The bank will ease difficulties of accessing agricultural loans

GIMAC payment card now available across CEMAC


This card allows users to withdraw cash and make payments.

Lending up 6% in the CEMAC region


However, the volume of deposits fell by two per cent.

African nations charged to fight illicit financial flow


The fight against illicit financial flow will boost investors’ confidence in Africa

Afreximbank unveils new framework to promote factoring in Africa


It will provide a benchmark for African governments.

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