WAEMU: IFC to invest $9 million in housing sector


 | Source: Ecofin Agency

International Finance Corporation, World Bank’s subsidiary dedicated to private sector funding, will inject $9 million (CFA4.7 billion) in housing sector’s development in WAEMU area. The institution indicated this in a statement released Jan. 26, 2018.

Tanzania: Experts Welcome Proposed New Insurance Products in Market


 | Source: Tanzania Daily News; All Africa

Insurance experts have welcomed Tanzania Insurance Regulatory Authority's (TIRA) plan to extend insurance service scope in the country, saying the move will augment industrialisation drive.

BDEAC finances projects in Cemac zone


 | Source: Financial Afrik

The Development Bank of Central African States (BDEAC) approved, 24 January 2018, during its regular board of directors in Brazzaville, the disbursement of 33 billion FCFA for projects under the strategic program 2017 -2022.

African Enterprise Challenge Fund to launch by 2018 an initiative to women entrepreneurship in agriculture


 | Source: Ecofin Agency

The African Enterprise Challenge Fund (AECF) which provides subsidies and interest-free loans to private companies in Africa, plans to launch by 2018 an initiative that aims to promote and support women entrepreneurship in agribusiness sector across the continent. This was revealed to the Ecofin Agency, by Steve Tawia, head of investments and assets management at AECF.

Ghana: mobile money takes over banks


 | Source: Financial Afrik

The financial transactions of mobile money reached 2,3 billions of Ghanaian credit is just over 505 million end of December 2017, according to data from the Central Bank of Ghana. This amount represents a growth of 84,6% against 285 millions of dollars in 2016.

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