Finance

French-Speaking Africa Triumphs at African Banker Awards 2010


French–speaking African banks celebrate their haul of the two most coveted awards on offer at this year’s African Banker Awards.

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China-Africa trade 'to top $100bn'

Beijing says its trade with Africa is on track to top US$100 bn this year as it benefits from investments in mines, farms and factories on the continent, Chinese state media reported recently.

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Micro savings and micro insurance now available via a mobile phone

M-PESA, Vodafone’s money transfer technology, now provides customers with the ability to link to an interest bearing savings account and buy insurance via their mobile.

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Nigeria creates agency to clean up bad bank debts

Nigerian President Goodluck Jonathan has approved, recently, the creation of a new government agency to buy out bad debts from the banking system.

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Arabic bank head visits Uganda


The Director General of the Arab Bank for Economic Development in Africa (BADEA), H.E. Mr. Abdelaziz KHELEF, visited Kampala, capital of the Republic of Uganda,  in July 2010.

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