African Financial Sector News

Mobile money revolutionises banking in rural Africa, experts say


Several reports highlight sharp improvement in access to finance in these regions.

Kenya: Central bank halts new bank licences


However, the regulator said it will continue to approve mergers and acquisitions.

BOAD to open an Islamic finance window


This initiative will allow the bank to reach out to more people in the region.

African securities exchanges discuss plans for unique index


This could boost new listings on African markets.

Malawi: Parliament forces banks to provide information to credit bureaus


It has adopted amendments to the Credit Reference Bureau Act.

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