Banking & Finance

Standard Chartered launches second wave of digital retail banks

6231374933 5102448cb7 zStandard Chartered has announced the start of the second phase of its digital retail bank across Africa, aimed at driving digital adoption among new and existing customers focusing on young digital natives

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AfDB to launch 2019 African Economic Outlook

16178168010 58b75cb6cc zThe African Development Bank (AfDB) announced in a statement that it will launch its 2019 African Economic Outlook (AEO) flagship report on Thursday, 17 January 2019, at its headquarters in Abidjan

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Private equity firms AfricInvest, Catalyst invest in Kenya’s Prime Bank

AdobeStock 170675494Private equity firms AfricInvest and Catalyst Principal Partners have acquired a minority stake in Prime Bank Limited

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AfDB approves US$14.12mn facility to support Nigeria’s membership

44213263000 8f9c64e7d4 zThe African Development Bank (AfDB), through its trade finance operations, has approved a US$14.12mn facility to support the federal republic of Nigeria’s membership in the African Trade Insurance Agency (ATI)

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ADF approves US$149mn credit facility to support low-income countries

alternative alternative energy clean energy 421888The African Development Fund Board (ADF) has approved credit risk facility of US$149mn by the Private Sector Credit Enhancement Facility (PSF) in seven private sector operations targeting low-income countries

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