SMEs will drive Islamic Finance growth in Africa, say experts Read more about SMEs will drive Islamic Finance growth in Africa, say experts19 views The share of Islamic finance remains low in Sub-Saharan Africa.
Remittances to developing countries reached $432 billion in 2015 Read more about Remittances to developing countries reached $432 billion in 20158 views This is three times the amount of development aid, according to the World Bank
Kenya: The microfinance sector will benefit from the cap on interest rates, says bank CEO Read more about Kenya: The microfinance sector will benefit from the cap on interest rates, says bank CEO56 views Banks' interest rates are capped at four per cent above the central bank rate.
Algeria to privatise banks following drop in oil prices Read more about Algeria to privatise banks following drop in oil prices25 views The country's state-owned banks will soon list on the local stock exchange.
Tanzania: BOA launches leasing facility Read more about Tanzania: BOA launches leasing facility42 views Leasing is considered an efficient financing tool for SMEs.
AfDB grants $310m to Ecobank to boost trade finance in Africa Read more about AfDB grants $310m to Ecobank to boost trade finance in Africa19 views Ecobank has a presence in 36 countries.
Zimbabwe: NMB gets $15m line of credit to support SMEs Read more about Zimbabwe: NMB gets $15m line of credit to support SMEs10 views The line of credit is funded FMO and Swedfund.
Nigeria wants to lower mortgage rates Read more about Nigeria wants to lower mortgage rates13 views The government is targeting single-digit interest rates on long-term mortgages.