Net financial inflows to Africa down 1.8%
A new AfDB report said financial flows were estimated at $208 billion.
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Gabon and Togo to issue new bonds
The Gabonese government will issue 98 billion CFA francs and Togo 20 billion CFA francs.
Global economic experts unveil solutions for the transformation of Africa
The World Economic Forum on Africa was held in Kigali from 11 to 13 May.
Kenya: Mobile Banking app includes fingerprint recognition
The move is aimed at introducing a more secure way for customers to access their bank accounts.
Angola's central bank to amend financial system regulation according to international standards
It is planning to create a new department to predict systemic risks.
Tanzania: Two banks will enter the DSE in 2016
This would raise the number of listed financial institutions from seven to nine.
Ivory Coast: $15.4 billion to finance development plan
Several donors have made financial pledges.
BRICS may set up ratings agency for emerging markets
A media report states that the aim is to challenge western hegemony in the world of finance.
Africa: Investments in agriculture reach $2.3bn
These investments created around 30,000 jobs over the past year.
Tanzania: AfDB grants $120m line of credit to CRDB Bank
It will help finance infrastructure and SME projects.
Nigeria to issue several sukuks to fund infrastructure
The federal government is planning to issue these sovereign sukuks by the end of the year.
Uganda: Banks can now offer Islamic banking products
Regulators have amended the regulation to allow for this banking model.