Finance

EIB invests US$3.74bn in Africa’s priority sectors

Africa clean energyIn 2018, the European Investment Bank (EIB) agreed US$3.74bn of new financing for the private sector and infrastructure investment in 20 African countries

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DAT launches smart card system for Ivorian transport company

smart card sDigital Afrique Telecom (DAT) has launched a smart card and ticketing system, aiming to enable Ivorian public transport users to board more than 700 buses every day through contactless cards

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Abu Dhabi’s Khalifa Fund to support Niger SMEs

smesMahamadou Issoufou, President of Niger, has met with Hussain Jasim Al Nowais, chairman of the UAE-based Khalifa Fund for Enterprise Development in the Capital Niamey to discuss growing relations and strong cooperation between the two countries in various fields

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Standard Chartered launches second wave of digital retail banks

6231374933 5102448cb7 zStandard Chartered has announced the start of the second phase of its digital retail bank across Africa, aimed at driving digital adoption among new and existing customers focusing on young digital natives

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Africa is showing promising future economic outlook: AfDB

adesina 6Africa’s GDP growth is projected to reach four per cent in 2019 and 4.1 per cent in 2020, according to the African Development Bank (AfDB)

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