Congo: Guarantee fund launched for SMEs


A guarantee and support fund (FIGA) is being created in Brazzaville, Congo, to help small and medium enterprises (SMEs) access finance.

Kwanza Norte farmers get Angolan agriculture finance


Over 54 million kwanzas has been given to approximately 700 farmers in the Kwanza Norte province of Angola in order to assist them with food production.

NIBSS introduces direct debit management system


A new management program has been introduced by Nigeria Inter-Bank Settlement System (NIBSS) that will enable banks and utilities providers to process direct debits more efficiently.

Algeria: National reinsurance company receives a B+


The Algerian national reinsurer, Compagnie Centrale de Reassurance (CCR), has received a B+ rating for the second consecutive year by AM Best rating agency due to its good financial health.

Ugandan mobile bank transfers hit 1tn shillings in 2010


Ugandan banking customers transferred over one trillion Ugandan shillings (€265 million) using mobile banking during 2010, according to new figures from the country's Central Bank.

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