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.
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Atlas Mara confirms its interest in Barclays Africa
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
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
It has received an agreement from CIMA.
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
It will look at ways to deliver financial services to Africa's unbanked population.
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
This donation is part of a broader envelope of $230 million.
Only 3.5% of Malagasy people have taken out a bank loan
A new study reveals that the penetration of bank credit is low in the country.
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
Kenya Commercial Bank (KCB) acquired a majority stake in the bank last Friday.
Remittances to Africa grew 3.4% in 2015
Migrants sent more than $35 billion last year.