Ecobank will be able to issue its Nigerian customers with MasterCard-branded debit cards under a new 10-year partnership agreement signed with the financial services corporation
Banking & Finance
Central Bank of Nigeria adopts SWIFT infrastructure
The Central Bank of Nigeria’s high value payment system has gone live on SWIFT
AfDB signs US$100mn deal to support private sector growth in Africa
Japan has entered into a US$100mn loan agreement with the African Development Bank (AfDB) to support the growth of Africas economy
Kenya, Uganda and Tanzania launch cross-border payments system for East Africa
Kenya, Uganda and Tanzania have collaboratively launched an integrated real time cross-border payments system for East Africa, aimed at removing bottlenecks to business and bolster intra-regional trade
Actis energy fund raises US$1.15 billion
Private equity firm Actis has raised US$1.15bn through its third energy fund, which will be used for investment in electricity generation and distribution businesses in Latin America, Africa and Asia