KCB to issue more secure chip cards in January 2014


Kenya Commercial Bank (KCB) will distribute over 2.2 million new and secure payment cards from January 2014 to its customers, a bank official has announced.

Nigeria: Collateral is no longer an issue, says BOI


The Bank of Industry (BoI) Managing Director has said that collateral is no longer an obstacle to access credit.

Libya promotes Islamic finance mechanisms for SMEs


The Islamic Corporation for the Development of the Private Sector (ICD) and the Libyan Ministry of Economy signed an agreement on Monday designed to promote access of small and medium-sized enterprises (SMEs) and the unemployed Libyan youth to Sharia-compliant finance mechanisms.

Africa: Experts highlight paradox between banks' excess liquidity and the private sector's poor access to credit


The International Finance Forum in Sub-Saharan Africa, which was held from November 20th to 22nd in Douala, Cameroon, attempted to resolve the paradox between banks' excess liquidity and the private sector's low access to credit in Africa.

African bankers trained on innovative trade finance mechanisms


Among new innovative financing mechanisms of the African trade, the issuance of bonds is an alternative way that is increasingly being explored, according to Jean- remove space Louis Ekra, President of the African Export remove space -Import Bank (Afreximbank).

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