Angola: Creation of Import Insurance Is ARSEG's Priority

29.09.17

 | Source: AngolaPress; All Africa

The implementation of the legal tool on Import Insurance of Merchandise and the start-up of the National Reinsurance Company (AngoRe) are priorities of the Angolan Agency for Insurance Regulation and Supervision (ARSEG) this year.

Egypt: Badea Grants Egypt Line of Credit Worth U.S.$50 Million

29.09.17

 | Source: Egypt State Information Service; All Africa

The Arab Bank for Economic Development in Africa (BADEA) has approved to grant Egypt a Line of credit (LOC), in order to lure Egyptian businessmen to pump investments into the African market.

South Africa: Capitec Banks More Earnings As Self-Service Transactions Surge

28.09.17

 | Source: News24Wire; All Africa

Capitec Bank [JSE:CPI] announced on Wednesday that headline earnings for the six months to August 31 2017 grew to R2.05bn, from R1.75bn in the previous comparable period.

Zimbabwe: Government-Owned POSB Open to Goat Use As Security for Loans

27.09.17

 | Source: NewZimbabwe.com; All Africa

The government-owned Post Office Savings Bank (POSB) says is ready to accept goats and other livestock as security for loans.

Nigeria: CBN Mulls Digital Currency

26.09.17

 | Source: The Guardian; All Africa

Following cautious considerations, the Central Bank of Nigeria (CBN) has commenced arrangement to introduce a digital currency in a move to key into the global adoption of Crypto currency initiative.

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