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Banking & Finance

Sombank focuses on rebuilding the country’s financial infrastructure by improving access to financial services throughout Somalia and beyond. (Image source: Money Bright/Flickr)

Sombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to accelerate its digital transformation and create innovative products to increase access to financial services in Somalia

Mobile banking transfers between Airtel Money and Standard Chartered Bank are now live in Kenya, Tanzania, Uganda and Zambia. (Image source: WorldRemit Comms/Flickr)

Standard Chartered Bank and Airtel Africa have announced a strategic collaboration to drive financial inclusion across important markets in Africa by providing customers with increased access to mobile financial services

The acquisition is set to strengthen Access Bank Plc’s presence in Zambia while furthering the growth in the COMESA region. (Image source: Global Financing Facility/Flickr)

Access Bank (Zambia) Limited (ABZ), subsidiary of Access Bank Plc, has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (CCHZ) regarding a proposed acquisition of Cavmont Bank Limited (Cavmont Bank), a subsidiary of CCHZ and subsequent merger of Cavmont Banks operations into ABZ

The bank stated that it will put the customer at the forefront of everything it is doing. (Image source: Nattanan Kanchanaprat/Pixabay)

Access Bank of Nigeria PLC has announced the final acquisition approval of Kenya-based Translational Bank PLC

European Investment Banks financial aid to Europe, Africa, Asia and Latin America, includes COVID-19-related investments in the public sector, support for businesses impacted by the pandemic and projects of power generation. (Image source: Chuckcars/Flickr)

The European Investment Bank (EIB) has approved US$18.9bn for projects across Europe, Africa, Asia and Latin America

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