2017 Global Findex Report: Africa at a Glance


Measuring Financial Inclusion and the Fintech Revolution

EIB and IMF join forces to build capacity on financial inclusion and stability in Africa


 | Source: www.eib.org

- EIB and IMF establish a new Capacity Development Partnership to promote financial inclusion and stability in Africa

- EIB will support IMF capacity development activities with EUR 3m until the end of 2020

- EIB and IMF to launch online course on financial intermediation and inclusion

Nigeria Stock Exchange Outshines Kenya, JSE Bourses


 | Source: Caj News Africa; All Africa

The Nigerian Stock Exchange has outshone bourses in Kenya and South Africa for the year 2017, underlining the West African country's status as the continent's biggest economy.

Nigeria: EIB, AfDB to Finance Development Bank of Nigeria With $70 Million


 | Source: Premium Times; All Africa

The European Investment Bank (EIB) and the African Development Bank (AfDB) have agreed to support the new Development Bank of Nigeria (DBN) with $70 million.

Nigeria: mobile money struggles to find its brands


 | Source: Financial Afrik

Only 1% of penetration rate, it is the sad score that realized the service mobile money in Nigeria after five years of activities in the country. A very low score that affects only about two million of Nigeria’s estimated 198 million people.

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