Firstrand Says No Rush to Buy Kenyan Bank as South African Rivals Strike Deals.
South African lender FirstRand (FSR.J) is not under pressure to complete a bank acquisition in Kenya, Chief Executive Mary Vilakazi…
World Bank’s IFC Launches $700 Million Plan to Expand Digital Payments in Emerging Markets.
The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, said on September 9 it has launched…
Kenya Seeks Stronger AIIB Partnership to Fund Infrastructure Push, Eyes Regional Office.
Kenya is seeking a deeper partnership with the Asian Infrastructure Investment Bank (AIIB) to secure financing for transport, energy and…
Trump Administration to Lend Nearly $100 Million to Africell to Counter Huawei in Africa.
The Trump administration will lend nearly $100 million to Africell, Africa’s only American-owned telecoms firm, as it seeks to counter…
Islamic Development Bank Institute, Mauritius Foundation Hold International Waqf Conference.
The Islamic Development Bank Institute (IsDBI) and the Awqaf (Mauritius) Foundation (AMF) concluded a three-day International Waqf Conference in Port…
U.S. Bank Completes First Cross-Border Payment Using USBDC Stablecoin.
U.S. Bank said on Wednesday it had completed its first live cross-border payment using USBDC, its proprietary dollar-backed stablecoin, moving…
Nigeria’s Central Bank Makes Terrorism Financing a Top Supervisory Priority.
The Central Bank of Nigeria (CBN) said on Tuesday it has designated terrorism financing risk a current supervisory priority, tightening…
SMX Expands Digital Material Passport Platform to Link Plastics with Blockchain Markets.
SMX (Security Matters) PLC, a Nasdaq-listed materials technology company, said it is expanding its Digital Material Passport platform to connect…
Nigeria’s Sunbeth Global Concepts Redeems 25.1 Billion Naira Commercial Paper.
Sunbeth Global Concepts Limited, a Nigerian agro-commodities exporter, said it had fully redeemed 25.1 billion naira ($16.7 million) in Series…
Tanzania Prepares State-Owned Bank for Stock Exchange Listing.
Tanzania’s government is preparing Tanzania Commercial Bank (TCB) for a listing on the Dar es Salaam Stock Exchange (DSE), the…