Interbank lending 'must be encouraged in Zimbabwe'


Many banks in Zimbabwe are reluctant to lend to each other, a new report from the African Development Bank (AfDB) has found.

M-Banking: 80 percent of global transactions made in East Africa


IT research and advisory firm Gartner says that this year will see more than $171.5 billion (€137 million) in mobile payment transactions - a rise of over 60 percent from 2011.

Algeria: ANDPME and AGEA sign agreement to bring financial training to SMEs


Small to medium-sized enterprises (SMEs) still claim access to credit is a major issue for them, states a document from the employment union FEC.

New cooperative to launch in South Sudan


A new cooperative bank is to be established in South Sudan.

Azania Bank plans Tanzania expansion


Azania Bank is to expand its presence across Tanzania this year by opening more branches and relocating its Dar es Salaam headquarters to a more spacious building.

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