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Banking & Finance

BRAC International plans to use the proceeds from the sale to further expand its operations. (Image source: BRAC International)

BRAC, an international development organisation based in Bangladesh, has transformed its microfinance operation in Uganda into a Tier two credit institution to provide financial access and support to Ugandans particularly in rural communities

The 31st AGM provided a platform for the bank to demonstrate its commitment to promote positive environmental and social change. (Image source: gabrielmillaire/Flickr)

Ecobank Transnational Incorporated (Ecobank), parent of the Ecobank Group, a pan-African bank operating in 36 African countries, is committed to long-term sustainable growth as shareholders approve all resolutions at the 31st Annual General Meeting (AGM) in Lomé, Togo

The proceeds will be used for ETI’s general corporate purposes and to refinance existing Holdco obligations. (Image source: dawnfu/Pixabay)

Ecobank Transnational Incorporated (ETI), the Lomé-based parent company of the Ecobank Group, has raised US$450mn in its debut Eurobond which was oversubscribed

Postilion will allow the company to process modern electronic payments, such as non-card withdrawals, retailer transactions and new alternative payment methods. (Image source: Carsten ten Brink/Flickr)

ACI Worldwide, a provider of real-time electronic payment and banking solutions, has announced that Eafricalab will use its Postillion UP Retail Payment solution to better serve consumers across 25 African countries

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