Banking & Finance

Central Bank of Nigeria adopts SWIFT infrastructure

Central Bank of Nigeria goes live on SWIFTThe Central Bank of Nigeria’s high value payment system has gone live on SWIFT

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AfDB signs US$100mn deal to support private sector growth in Africa

World Trade Organisation Donald KaberukaJapan has entered into a US$100mn loan agreement with the African Development Bank (AfDB) to support the growth of Africa's economy

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Kenya, Uganda and Tanzania launch cross-border payments system for East Africa

kenyan currencyKenya, 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

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Actis energy fund raises US$1.15 billion

Azito summaryPrivate 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

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Ecobank opens first office in Ethiopia

Ecobank gabrielmillairePan-African bank Ecobank Transnational Incorporated (ETI) has set-up its first branch in Ethiopia's capital city Addis Ababa

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