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 …...
Read More Egypt's inflation lowest in nearly a decade
Cairo (AFP)Egypts inflation rate dropped to the lowest level in nearly a decade last month, official figures showed Saturday, as cheaper food offered respite to consumers squeezed b…...
Read More Nigerian banks stepping up efforts to plug gender gap
Only one in three women in Africa’s most populous nation currently has an account, development body saysWhen Bolanle Austen-Peters sought a loan for a cultural centre in Lagos, she…...
Read More African Export-Import Bank delays IPO over unfavourable markets
The bank is waiting for equity markets to improve.Vernon Wessels, Bloomberg / 29 October 2019 11:09 Afreximbank plans to use funds raised from the IPO to help finance rapidly i…...
Read More Barclays Ghana marks 2019 World Savings Day with 25,000 basic school pupils
Barclays Bank Ghana, part of the Absa Group, has marked the 2019 World Savings Day with students of some selected basic schools across the regions of Ghana.Employees of the bank, nu…...
Read More South African banks continue to dominate Top 10 Africa lenders
The Top 100 Banks survey ranks lenders in terms of Tier 1 capital, made up of their capital + reserves + retained earnings + minority interests. The figures in local currencies are …...
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