News & Events archive Page
Archives
South Sudan joins African export-import bank
The nation which is the youngest sovereign nation in the world joined the trade finance multilateral institution as a participating state.
Agric Bank launches first mobile banking solution in Mali
"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.
European Investment Bank (EIB) has signed two long-term credit facilities with Equity Holdings Group and Housing Finance
This is to support the growth of small and medium enterprises (SMEs) in Tanzania, DRC, Uganda and Kenya.
Accion, Quona Capital extend $141million for fintech innovations to Sub Saharan Africa
The fund will follow fintech innovations aimed at enhancing access to financial services
Kenyans in diaspora are the biggest senders of mobile to mobile remittances, says WorldRemit
According to WorldRemit, mobile to mobile remittances accounts for 93 percent of WorldRemit transactions to Kenya
IFC invests $30 million into payment infrastructure across MENA
The investment will allow MSMEs to access card-based payments and develop digital data records.
Kenya sells bond over mobile phones
The bond can be bought via mobile phones and offers a higher interest rate than offered by commercial banks.
Malawi: Two smallest banks merge
The merger is to enable the banks to meet the capital requirements of Malawi's apex bank.
Tanzania cuts commercial banks' reserve ratio to 8pct
The monetary decision is aimed at reducing borrowing costs and spurring economic growth.