Banking & Finance

Sombank selects Temenos cloud technology for digital Islamic banking services in Somalia

tremenos FlickrSombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to accelerate its digital transformation and create innovative products to increase access to financial services in Somalia

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Standard Chartered and Airtel Africa to drive financial inclusion

SC AM FlickrStandard Chartered Bank and Airtel Africa have announced a strategic collaboration to drive financial inclusion across important markets in Africa by providing customers with increased access to mobile financial services

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Access Bank Nigeria announces takeover of Cavmont Bank Zambia

ATR Access Bank FlickrAccess Bank (Zambia) Limited (ABZ), subsidiary of Access Bank Plc, has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (CCHZ) regarding a proposed acquisition of Cavmont Bank Limited (Cavmont Bank), a subsidiary of CCHZ and subsequent merger of Cavmont Bank's operations into ABZ

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Access Bank of Nigeria set to enter Kenyan market

axis bank PixabayAccess Bank of Nigeria PLC has announced the final acquisition approval of Kenya-based Translational Bank PLC

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European Investment Bank approves US$18.9bn for COVID-19 relief and economic resilience

Chuckcars flickrThe European Investment Bank (EIB) has approved US$18.9bn for projects across Europe, Africa, Asia and Latin America

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