CBN publishes reviewed guidelines on international money transfer


The Central Bank of Nigeria (CBN) has reviewed the guidelines on international monetary transfer in order to accommodate the newly launched outbound money transfer service.

S&P confirms the BB- rating of the Tunisian banking sector


Credit ratings company Standard and Poor’s (S&P) confirmed Tunisia’s rating of BB- in the long term and B in the short term,with a negative outlook.

Kenya Bankers Association to create a housing index


The Kenya Bankers Association (KBA) is looking to set up a housing index to measure and track the price changes in Kenya's booming housing market.

Tanzania: Banks receive €16 million to boost mortgage lending


The Tanzania Mortgage Refinance Company Limited (TMRC) has extended loans by Sh34 billion (€16 million) to its member banks in a bid to increase mortgage lending.

IFC and Morocco partner to develop access to finance in Africa


The International Finance Corporation (IFC ) has partnered with the Central Bank of Morocco (Bank Al Maghrib) to expand access to credit for small and medium-sized enterprises (SMEs) in Africa.

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