Finance

‘Africa needs to develop a policy response to the digital economy’

Digital trade 11Dr Nimrod Zalk, industrial development advisor in the office of the director-general of the Department of Trade and Industry, has delivered the keynote address at a Workshop on ‘Digital Transformation in Africa: Leveraging the Promise and Addressing New Challenges’

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League of Arab States and ITFC announce cooperation towards intra-Arab trade

intra 11The League of Arab States (Economic Affairs Sector) and the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, have signed a MoU towards accelerating cooperation in the development of intra-Arab trade

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Vantage Capital exits New GX Capital

Vantage capitalVantage Capital, one of the leading mezzanine debt fund managers in Africa, has fully exited its investment in New GX Capital, a leading 100 per cent family-owned investment holding company in South Africa

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Clickatell and UBA launch chat banking in Nigeria

leo 6Clickatell, an authorised WhatsApp business solution provider, has announced that United Bank for Africa (UBA) will be going live with their chat banking solution – Leo on WhatsApp

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AfDB and MCB to launch African domestic bond fund

Hennessy Park HotelThe African Development Bank (AfDB) and MCB Capital Markets has announced to launch of the African domestic bond fund (ADBF), the first multijurisdictional sovereign fixed income exchange-traded fund on the continent

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