Tanzania: Central Bank upgrades its Depositors Insurance System


The Bank of Tanzania (BoT) is currently undertaking reforms to upgrade the country's Depositors Insurance System (DIS), in a bid to enhance confidence in the banking sector following the global financial crisis.

Tunisia: The IFC allocates more than €35 million to SME financing


The International Finance Corporation (IFC) has announced it will invest $48 million (€35.8 million) in Amen Bank to promote the growth of private entrepreneurs and stimulate job creation in Tunisia.

National Bank of Malawi implements new system to comply with Basel II regulations


The National Bank of Malawi will implement a new system to facilitate compliance with Basel II requirements.

Ethiopia enters partnership with an ICT company to improve financial inclusion


Kifiya, a leading ICT company in Ethiopia, has entered a partnership with the Ethiopian Ministry of Communication and Information Technology to implement a new strategy designed to improve access to financial services in the country.

Kenya: Retirement Benefits Authority hires new company to manage pension funds


CIC Asset Management Limited has been licensed by the Kenyan Retirement Benefits Authority (RBA) to manage pension funds in the country.

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