The African Development Bank (AfDB) has received the “Highly Commended” prize for the Best Development Finance Institution (DFI) in Africa at the Trade Finance Magazine 2010 Awards for Excellence.

The South African Banking Risk Information Centre (Sabric) has entered into a partnership with the Department of Home Affairs that will allow banks in South Africa to conduct online fingerprint verification of bank clients.

The KwaZulu-Natal provincial government in South Africa and Standard Bank Group (SBG) have agreed on a series of measures to identify and develop affordable housing projects across the province.

A new US$72mn project in Egypt will help small farmers maximise their efficiency in using scarce water resources and achieve significant increases in their crop production and incomes.

First National Bank (FNB) and PayPal customers in South Africa can now sell to PayPal’s global customer base of more than 81 million active accounts in 190 markets around the world and move the proceeds to their FNB accounts.