Finance & Banking
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Agreement to drive sustainable development through Islamic Finance signed
JEDDAH, June 6, 2024 – The Islamic Development Bank Institute [IsDBI] and the General Council for Islamic Banks and Financial Institutions [CIBAFI] signed a Grant Agreement to collaborate towards advancing Islamic finance…
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Equity Bank awarded for promoting financial literacy and inclusion
KAMPALA, June 4, 2024 -Equity Bank Uganda has been recognised and awarded for promoting financial literacy and inclusion in the country by the Uganda Financial Literacy Association [UFLA], an umbrella body that…
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United Bank for Africa: Shareholders approve payment of N78.7 billion dividend
LAGOS, June 3, 2024 The shareholders of the United Bank for Africa [UBA] Plc, have congratulated the Board of Directors, management and staff of the Bank for the impressive performance recorded over…
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African Development Bank Group Unveils New Ten-Year Strategy 2024–2033
NAIROBI, June 1, 2024 – The African Development Bank Group has unveiled its new Ten-Year Strategy 2024–2033, a blueprint to confront Africa’s pressing challenges and to help put the continent firmly back…
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Agreement to expand American Express acceptance in Sub-Saharan Africa signed
NAIROBI, Kenya, May 30, 2024 – American Express and Ecobank Group, the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in 21 countries in Sub-Saharan…
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Multilateral finance institutions win big at African Banker Awards 2024
KAMPALA, May 29, 2024 – The most prestigious event in the African banking calendar, the African Banker Awards Gala Ceremony 2024, took place last night at the JW Marriott Hotel in Nairobi,…
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Bankers in Uganda elect new leadership
KAMPALA, May 22, 2024 – Local banks under the umbrella of Uganda Bankers’ Association [UBA] have elected new leaders to run the affairs of the association effective May. The new UBA leaders…
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AfDB’s Adesina presents Africa as world’s best investment destination
RIYADH, May 21, 2024 – Africa’s human, land, mineral resource and cross-border trade endowments combine to make it the world’s most promising investment destination, now and well into the future, African Development…
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Spiro agrees to US$50mln debt facility with Afreximbank to accelerate expansion
KIGALI, May 18, 2024 – Spiro, the largest electric vehicle company in Africa, is pleased to announce it has signed heads of terms for a US$ 50 million debt facility with the…
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Zimbabwe’s First Capital Bank gets US$ 15mln loan to support local SMEs
ABIDJAN, May 16, 2024 – The Board of Directors of the African Development Bank Group has approved a US$ 15 million trade finance package for First Capital Bank [FCB] in Zimbabwe to…
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