Zimbabwe: AfDB grants $25m credit line to support trade finance Read more about Zimbabwe: AfDB grants $25m credit line to support trade finance It will support the expansion of CABS as a provider of trade finance to local firms.
Atlas Mara confirms its interest in Barclays Africa Read more about Atlas Mara confirms its interest in Barclays Africa9 views The investment firm wants to build a leading sub-Saharan financial institution.
The MasterCard Foundation Fund for Rural Prosperity Announces Winners of 2015 Scaling Competition and Launches 2016 Competition Read more about The MasterCard Foundation Fund for Rural Prosperity Announces Winners of 2015 Scaling Competition and Launches 2016 Competition8 views Five companies receive more than US$10.6 million to increase financial inclusion for nearly eight million poor people in rural Africa
AXA to offer microinsurance services in Cameroon Read more about AXA to offer microinsurance services in Cameroon11 views It has received an agreement from CIMA.
Ivory Coast and Mauritius boost economic cooperation Read more about Ivory Coast and Mauritius boost economic cooperation The Ivorian authorities are looking to stimulate investment in Ivory Coast.
Bill & Melinda Gates Foundation to join SWIFT meeting in Mauritius Read more about Bill & Melinda Gates Foundation to join SWIFT meeting in Mauritius10 views It will look at ways to deliver financial services to Africa's unbanked population.
Kenya: Strict conditions for banks to access liquidity support facility Read more about Kenya: Strict conditions for banks to access liquidity support facility The facility was set up to help banks under liquidity pressure.
Saudi Arabia donates $100m to Morocco for SME financing Read more about Saudi Arabia donates $100m to Morocco for SME financing This donation is part of a broader envelope of $230 million.
Only 3.5% of Malagasy people have taken out a bank loan Read more about Only 3.5% of Malagasy people have taken out a bank loan2 views A new study reveals that the penetration of bank credit is low in the country.
AFC launches initiative to promote project development in Africa Read more about AFC launches initiative to promote project development in Africa It will support viable projects that meet the bankability tests of financiers.
Kenya: Chase Bank to reopen this week Read more about Kenya: Chase Bank to reopen this week1 view Kenya Commercial Bank (KCB) acquired a majority stake in the bank last Friday.
Remittances to Africa grew 3.4% in 2015 Read more about Remittances to Africa grew 3.4% in 20151 view Migrants sent more than $35 billion last year.