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This bond was allegedly cancelled due to poor "market conditions".

It provides for the establishment of mechanisms to facilitate SMEs' access to credit.

The bond was meant to help finance the country's infrastructure.

It has an initial capital of $150 million.

The country is struggling with the fall in oil prices.

The Malian subsidiary of Bank of Africa will join the Regional Stock Exchange (BRVM).

The plan was announced on Monday by Barclays Kenya chief executive officer Jeremy Awori.

It has signed lines of credit with the African Banking Corporation, NIC Bank and CRDB Bank.

The transaction will have a 6.25 per cent coupon.

The Multipay Service went live this week.

It blamed "the weakening economic and operating environment".

Making Finance Work for Africa Holds First Joint Meeting of the Advisory Council and Supervisory Committee