African Financial Sector News

Tanzania: Two banks will enter the DSE in 2016


This would raise the number of listed financial institutions from seven to nine.

Nigeria to issue several sukuks to fund infrastructure


The federal government is planning to issue these sovereign sukuks by the end of the year.

Tanzania: AfDB grants $120m line of credit to CRDB Bank


It will help finance infrastructure and SME projects.

Africa: Investments in agriculture reach $2.3bn


These investments created around 30,000 jobs over the past year.

BRICS may set up ratings agency for emerging markets


A media report states that the aim is to challenge western hegemony in the world of finance.

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