African Financial Sector News

AFSIC 2018


Investing in Africa

Rwanda: Commercial Bank of Africa Officially Launches Rwanda Operations


 | Source: The New Times; All Africa

Commercial Bank of Africa (CBA) yesterday officially unveiled its operations in Rwanda.

Ethiopia: DBE Provides First Ever Loan to Financial Institutions


 | Source: Addis Fortune; All Africa

Development Bank of Ethiopia (DBE), the state policy bank, has for the first time financed a quarter of a billion Birr to four private commercial banks and four microfinance institutions.

Nigeria: Keystone Bank Partners Nipost On Rural Banking Services


 | Source: The Guardian; All Africa

Keystone Bank has entered into partnership with the Nigeria Postal Service (NIPOST) and i-OneC through leveraging of data to improve its product offerings.

East Africa: Banks in East Africa Face Lower Profits Over Rising Bad Debt - Report


 | Source: The EastAfrican; All Africa

The effects of a tough economic environment in the region are beginning to show as banks grapple with increased loan defaults.

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