African Development Bank (AfDB) provides credit lines valued at $13.5mn to two commercial banks to support development of private sector and small and medium enterprises (SMEs) in Zambia
Banking & Finance
Uganda gains millions for power supply
Extending money transfer arrangements
Western Union and Societe Generale collaborate on roll-out of Money Transfer service Africa
Dollar presages double-dip fears
Poor returns on equities, unpredictable movements in the high price of gold, less than satisfactory progress in the Euro zone and the returned spectre of a double-dip recession – will it affect Africa this time?
ZB launches gold fund as hedge against inflation
ZB bank in Zimbabwe has launched a new product called the growing gold fund, a unit trust fund whose underlying asset is gold