Banking & Finance
Standard Chartered Bank arranges US$1.46bn to fund Standard Gauge Railway
The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora
Hits: 3103
CredoLab raising banks’ loan-to-deposit ratio while minimising risk
The Central Bank of Nigeria (CBN) has increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 per cent to 65 per cent in the latter part of 2019, which, according to Bloomberg, was aimed at forcing banks to boost credit, mainly to farmers, small-and-medium-size businesses and consumers
Hits: 2946
ABSA appoints new chief executive to expand African operations
Absa, the leading pan-African financial services group, has appointed Cheryl Buss as CEO of Absa International which includes managing Absa Securities United Kingdom
Hits: 4554
Financial inclusion firmly on Africa’s agenda
A year since launching, uKheshe, South Africa’s QR cash card and microtransaction platform, has left a significant imprint on South Africa’s unbanked and underbanked
Hits: 4548
AfDB becomes a shareholder in Africa Finance Corporation
The African Development Bank (AfDB), Africa’s highest investment-grade rated (AAA with stable outlook) multinational financial institution, has invested US$50mn in the equity of Africa Finance Corporation (AFC)
Hits: 4331
More Articles ...
- Thales supports Ghana’s financial inclusion drive
- There's still time to implement South Africa's reforms, says Afreximbank chief
- Ecobank announces appointment of new senior fintech advisor
- Pan-African banking is changing the region’s financial landscape
- Shelter Afrique signs MOU with iBUILD to support funding for PPP Projects
News by Sector
Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com