African Financial Sector News
The Kenya Bankers Association (KBA) is looking to set up a housing index to measure and track the price changes in Kenya's booming housing market.
The Tanzania Mortgage Refinance Company Limited (TMRC) has extended loans by Sh34 billion (€16 million) to its member banks in a bid to increase mortgage lending.
The International Finance Corporation (IFC ) has partnered with the Central Bank of Morocco (Bank Al Maghrib) to expand access to credit for small and medium-sized enterprises (SMEs) in Africa.
Bank of Africa (BOA) and Orange Money have signed a partnership to provide mobile banking services in Africa.
The Central Bank of Nigeria (CBN) has urged banks to develop their financial services offering to women.