Bankia opens Morocco office to support Spanish companies' global expansion
By Eugenia Jimenéz - Spanish lender Bankia has opened a representative office in Casablanca (Morocco) in a bid to support the international expansion of Spanish companies abroa…...
Read More Forum flags hurdles in bid to plug gender financing gap in Africa
Lenders have been urged to advance more credit to women entrepreneurs in efforts to seal the existing finance gap.A forum held in Kigali, Rwanda, which brought together stakeholders…...
Read More Egypt’s top lender seeks approval to buy Mayfair Bank
Egypt’s largest private lender is planning to buy a controlling stake in Kenya’s Tier III Mayfair Bank in a transaction that is set to intensify deal-making in the local banking s…...
Read More ScanGroup, farm stocks offer best dividend yield
Commercial and agricultural sector firms top listed companies with the highest dividends relative to their share prices, according to data compiled by Standard Investment Bank (SIB)…...
Read More Kenya beats Nigeria in banks’ efficiency
Kenyan banks are making more money from their customers compared with their much larger Nigerian counterparts thanks largely to technology, ratings agency Moody’s says in a new rep…...
Read More Kenyan youth: We save, run businesses and are in farming
A majority of Kenyan youth invests their savings in business and agriculture, a new survey shows, providing a hint about the financial habits of the largest portion of the country’…...
Read More Digital lenders should be allowed to self-regulate
Kenya is being driven by the Private Sector consisting of hundreds of thousands of small and micro enterprises both formal and informal employing millions. These businesses rely on …...
Read More Mobile deals up by Sh307 billion in nine months
The value of cash transacted through mobile phones rose by Sh307.16 billion over nine months ended September, largely driven by growth in e-commerce.Mobile payments increased the hi…...
Read More Moroccan sovereign fund aims to double investments to $6bn in 5 years
By Sarmad Khan - Ithmar Capital, Moroccos sovereign wealth fund, hopes to double its investments to $6 billion (Dh22bn) within the next five years as it looks to diversify its domes…...
Read More Morocco's Attijariwafa bank gets $5 billion from China's ExIm for Africa export fund
RABAT (Reuters) - Morocco’s Attijariwafa Bank said on Friday it had agreed with State-owned Export-Import Bank of China (ExIm) to set up a 5 billion dollar fund to promote African …...
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