Banking & Finance

Investrust, Zanaco get AfDB credit

Investrust, Zanaco, AfDB, credit, EPSA, Barclays, ZambiaAfrican Development Bank (AfDB) provides credit lines valued at $13.5mn  to two commercial banks to support development of private sector and small and medium enterprises (SMEs) in Zambia

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Uganda gains millions for power supply

Uganda, millions, power supply, africa, UETCL, Kawanda-Masaka

The World Bank has extended a $120mn credit to Uganda to improve the reliability and access to electricity supply in the south west region

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Extending money transfer arrangements

SG-WU

Western Union and Societe Generale collaborate on roll-out of Money Transfer service Africa

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Dollar presages double-dip fears

Dollar_fears

Poor returns on equities, unpredictable movements in the high price of gold, less than satisfactory progress in the Euro zone and the returned spectre of a double-dip recession – will it affect Africa this time?

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ZB launches gold fund as hedge against inflation

ZB, bank, africa, launches, gold fund, hedge, against inflation, Churu

ZB bank in Zimbabwe has launched a new product called the growing gold fund, a unit trust fund whose underlying asset is gold

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