African Financial Sector News
African Development Bank to host a Conference on Financial Sector Development in African States Facing Fragile Situations23.06.2016
Senior policy-makers, financial institutions executives and development partners will convene in Abidjan, Côte d’Ivoire from June 28 to 29, 2016 to examine how best to promote the development of effective financial systems in African countries facing fragile situations.
The Cytonn Banking Report has revealed that the banking sector in Kenya experienced growth in Q1 2016.
The program will be implemented in Ivory Coast, Senegal and Madagascar.
As oil revenues drop, African governments are looking at ways to develop SMEs.
MoU allows for the provision of up to $100 million in loans.