Finance

$40 billion boost for energy and transport sectors

COMESA's investment promotion arm, the Regional Investment Agency (RIA) promoted 150 projects at the recent 3rd Investment Forum held in Sham El Sheikh, Egypt.

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SA banks to use fingerprint verification

Standard_Bank_Rotunda_Speedwell_Building_Booysens_Road_loThe 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.

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National development plan launched in Uganda

The Uganda government recently launched it's ambitious five-year national development plan which requires 54 trillion shillings to transform the country into a modern and prosperous one within 30 years.

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Palm oil processing underway

The palm oil processing plant on the Lake Victoria island of Bugala has commenced with operations and is expected to save Uganda $60mn a year on vegetable oil importation.

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SA provincial government and banking group cooperate in affordable housing drive

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.

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