KCB Bank customers can now access financing options to purchase electric Public Service Vehicles (PSV) following a deal the bank has secured with e-mobility startup and financing company BasiGo Ltd. …
The World Bank has approved a $750 million International Development Association (IDA) credit to the Nigeria State Action on Business Enabling Reforms (SABER) Program-for-Results to help Nigeria accelerate the implementation …
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Dubbed ‘Ellevate’, the program is designed for businesses owned by women, businesses managed by women, …
The Association of Licensed Telecommunications Operators of Nigeria says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion from N42 billion reported in 2021. The President of …
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
Over 4 million Fuliza defaulters will be removed from the Credit Reference Bureau (CRB) and other blacklists from November this year, the government and lenders have announced. The announcement made …
Wiocc Group, a leading digital connectivity and infrastructure provider in Africa, has secured a US$30-million (R540-million) equity investment from the International Finance Corporation (IFC). The new investment will support WIOCC …
The Central Bank of Nigeria (CBN) has commenced deductions from accounts of defaulters under its development finance interventions to recover outstanding loans. Yusuf Yila, director, development finance of the CBN, said this …
President William Ruto is seeking a deal with fintechs such as Safaricom to disburse cheaper loans to small traders at single-digit interest rates. The planned partnership will see the State …
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