Morocco’s National Railways Office (ONCF) signed a MAD 2.1 billion (€192.49 million) agreement on Wednesday. The budget represents 80% of an overall loan budget of €250 million the bank offered to …
Bank
- Banking, Finance & InvestmentBusinessEconomyMoroccoTransportation & Logisitics
- Banking, Finance & InvestmentEconomyKenya NewsSafaricom
Safaricom’s Fuliza reduces daily charges for loans below sh100 by 40 percent
Safaricom’s Fuliza has cut daily charges for loans below Sh1000 by 40 percent and introduced a three-day grace period. Daily charges on loans of up to Sh1000 will come down …
- AfricaAFRICA NEWSBanking, Finance & InvestmentEconomyNewsNigeriaWestern Africa
CBN to debit banks on Thursday after CRR Raise To 32.5%
The Central Bank of Nigeria (CBN) says it will debit all banks in the country on Thursday, Sept. 29, for the Cash Reserve Ratio (CRR) to allow for the mopping-up of liquidity. …
- Banking, Finance & InvestmentEconomyMorocco
Malika Dhif has been Appointed by AFDB as the New Executive Director for Morocco, Togo and Tunisia
Malika Dhif, former deputy director at Morocco’s Directorate of Treasury and External Finance, has been appointed as the new executive director for Morocco, Togo, and Tunisia at the African Development …
- Banking, Finance & InvestmentBusinessEconomy
Kenya freezes Sh6.2bn linked to Nigerian start-up Flutterwave
High Court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans on fears they are proceeds of card fraud and …
- Banking, Finance & InvestmentNigeriaWestern Africa
GT Bank at Ebonyi state gets sealed over alleged non-payment of tax
GT Bank in Abakaliki has been sealed by the Ebonyi State government over non-payment of tax. According to the government, because of its inability to pay its tax to the …
Pesapal Uganda has received a nod from the Bank of Uganda to operate as a Payment System Operator. The firm’s Uganda Country Director Martin Barungi said with the license, pesapal will be …
With the growing trends of hackers and cyber security, Wema bank has assured data confidentiality of its customers. The bank in a statement said that it’s attention has been drawn …