CBN: A call for interest-free banking in Nigeria


The Central Bank of Nigeria (CBN) has called for non-interest banking to be introduced in the country.

Microfinance penetration rate on the rise in Madagascar


The penetration rate of microfinance in Madagascar went from 16 percent in December 2009 to 17.5 percent in December 2010, L'Express de Madagascar reports.

Standard Chartered émet des offres de financement aux PME kenyanes


Les petites et moyennes entreprises (PME) du Kenya peuvent désormais profiter des nouvelles offres de sponsoring de la Standard Chartered.

Burkina Faso: SOFIGIB raises its capital


The Financing and Interbank Guarantee Company in Burkina (Société de Financement et de Garantie Interbancaire, or SOFIGIB), which helps small and medium enterprises (SMEs) access finance, has just raised its capital by issuing 72,500 new shares, priced at around €15 each.

BDF extends guaranteed funds for SMEs


The Business Development Fund (BDF) is to provide financial support to Small and Medium-sized enterprises (SMEs) in Rwanda.

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