Banking & Finance

Afreximbank and IDB agree African cooperation

Afreximbank and IDB agree African cooperation The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed a cooperation agreement with the African Export-Import Bank (Afreximbank)

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ICD and Afreximbank sign agreement to promote development in Africa

construction-worldbank-flickrThe Islamic Corporation for the Development of the Private Sector (ICD) has signed an agreement with the African Export-Import Bank (Afreximbank) to foster development in ICD member countries in Africa

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First Bank of Nigeria completes acquisition of FBN Bank DR Congo

FirstBankofNigeriaFirst Bank of Nigeria has completed the acquisition of FBN Bank DR Congo, as part of plans to expand its presence in Africa

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Orange and Ecobank launch money transfer service in Africa

mobiletransfer-kenbanks-flickrTelecom company Orange and Africa’s Ecobank have launched a money transfer service between Orange Money accounts and Ecobank accounts in Africa

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Bank of Industry signs MoU with 10 banks in Nigeria

stanchartered-canadianpacific-flickrNigeria’s Bank of Industry (BOI) has signed an MoU with ten deposit banks to provide loans to SMEs at low-interest rates

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