The signing of agreement between ICD and IFTS to implement new technology solutions in banking. (Image source: ICD)
Islamic Corporation for the Development of Private Sector (ICD) and I-FinTech Solutions (IFTS) have signed an investment agreement to implement blockchain solutions for Islamic banks
Paxful’s peer-to-peer bitcoin marketplace enables bitcoin sellers and buyers to interact digitally while ensuring that the transaction is completed. (Image source: John Jones/Flickr)
Cryptocurrency, especially Bitcoin, can provide financial inclusion to the underbanked and unbanked, giving a Mwananchi (local Kenyan) the opportunity to increase their wealth, Paxful said in a statement
Non-customers can also access the money transfer service on MPESA. (Image source: Erict19/Flickr)
Kenya-based bank Family Bank Limited has teamed up with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to China through WeChat, a service that will boost trade between Kenya and China
EIB’s vice-president Ambroise Fayolle stated that the financing will help to provide thousands of people with improved access to quality healthcare. (Image source: EIB)
The European Investment Bank (EIB) has announced that it will support four new projects in Kenya and the wider East-African region with loans worth US$78mn
EIB will support jobs and climate action across Africa with the new US$227mn loan to Afreximbank. (Image source: DFID/Flickr)
The European Investment Bank (EIB) has signed a new 15 year US$227mn loan agreement with the African Export-Import Bank (Afreximbank)
