Banking & Finance
Afreximbank and AfCFTA announce operational roll-out of PAPSS
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African Export-Import Bank (Afreximbank) and AfCFTA Secretariat announced the operational roll-out of the Pan-African Payment and Settlement System (PAPSS)
Development Bank of Southern Africa set to generate sustainable finance
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Development Bank of Southern Africa (DBSA) has partnered with Invest Africa to generate sustainable finance solutions for the continent during the Africa Debate 2021
IFC and FMO grant a loan of US$50mn for SMSE in Kenya
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IFC and FMO, the Dutch entrepreneurial development bank, have announced a loan of US$50mn to I&M Bank Ltd to help smaller businesses across different sectors in Kenya access financial support for expansion and economic recovery
Cellulant acquires PSP license in Ghana
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Pan African payments company Cellulant has announced the acquisition of PSP License in Ghana as it rolls out a digital payments solution for businesses
AfDB and govt of Ethiopia join hands to boost electricity trade and youth employment
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African Development Bank Group (AfDB) and the government of Ethiopia have entered into an agreement to initiate projects related to youth employment, and electricity trade between Ethiopia and Djibouti
- Fitch affirms Triple A-rating of the African Development Bank, Outlook stable
- Venture capital investments in Africa soared in 2020
- New AGRF platform links Africa’s SMEs to investment opportunity
- Ecobank Group wins ‘2021 African SME Bank of the Year’ award
- South Africa’s Barko selects Temenos' banking solution
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