The Eastern and Southern African Trade and Development Bank Group (TDB Group) and the Saudi Export–Import Bank (Saudi EXIM Bank) have signed an MoU to enhance cooperation and explore co-financing and investment opportunities between the two banks
Finance
US$1bn trade and investment programme for Morocco
African Export-Import Bank (Afreximbank) has signed a memorandum of understanding (MoU) with the Government of Morocco to develop a US$1bn Morocco-Africa Trade and Investment Promotion programme
Partners introduce remittances in naira
Smartcash PSB, a leading payment service bank, has partnered with Thunes, a cross-border payments infrastructure provider, to power international remittances in naira to mobile wallets
13 African countries to benefit from improved cross-border payments
Access Africa, payment product designed to simplify payments, has partnered with Thunes, a leading global payment infrastructure platform, to streamline and simplify cross-border payments across key markets in the continent
CMS expands presence in Africa
CMS, an integrated, multi-jurisdictional organisation of law firms that offers full-service legal and tax advice, has extended its footprint in Africa following the addition of Mozambique-based Couto, Graça e Associados Limitada (CGA)