The first ever World Pension Summit to be held in Africa will be hosted in Nigeria in July
Banking & Finance
Ecobank and MasterCard sign debit card agreement in Nigeria
![Ecobank customers in Nigeria will be issued with MasterCard-branded debit cards. (Image source: Håkan Dahlström/Flickr)](/images/Ecobank_and_Mastercard_sign_debit_card_agreement_in_Nigeria.jpg)
Ecobank customers in Nigeria will be issued with MasterCard-branded debit cards. (Image source: Håkan Dahlström/Flickr)
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
Central Bank of Nigeria adopts SWIFT infrastructure
![The SWIFT system ensures Nigeria complies with global standards for critical payment infrastructure as set out by the Bank for International Settlements. (Image source: SWIFT)](/images/Central_Bank_of_Nigeria_goes_live_on_SWIFT.jpg)
The SWIFT system ensures Nigeria complies with global standards for critical payment infrastructure as set out by the Bank for International Settlements. (Image source: SWIFT)
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
![AfDB President, Dr Donald Kaberuka, said a US$100mn loan will help support private sector growth in Africa. (Image source: Donald Kaberuka)](/images/World_Trade_Organisation_Donald_Kaberuka.jpg)
AfDB President, Dr Donald Kaberuka, said a US$100mn loan will help support private sector growth in Africa. (Image source: Donald Kaberuka)
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
![Members of the East African Community trade bloc aim to have a monetary union within the next ten years. (Image source: klndonnelly/Flickr)](/images/kenyan_currency.jpg)
Members of the East African Community trade bloc aim to have a monetary union within the next ten years. (Image source: klndonnelly/Flickr)
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