Finance

World Bank approves US$150mn for Kenya’s 1.7mn urban residents

world bank kenya urbanThe World Bank has approved US$150mn International Development Association (IDA) credit to improve tenure security and access to basic services for 1.7mn residents living in selected Kenya’s urban informal settlements

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Sombank selects Temenos cloud technology for digital Islamic banking services in Somalia

tremenos FlickrSombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to accelerate its digital transformation and create innovative products to increase access to financial services in Somalia

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Standard Chartered and Airtel Africa to drive financial inclusion

SC AM FlickrStandard Chartered Bank and Airtel Africa have announced a strategic collaboration to drive financial inclusion across important markets in Africa by providing customers with increased access to mobile financial services

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Nigeria’s ATI membership to help attract investments

ATI Buhari InvestmentPresident Buhari has signed the instrument of ratification to the African Trade Insurance Agency’s (ATI) treaty, thus finalising Nigeria’s membership in ATI in a process that began some years ago

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Nigeria government signs African Trade Insurance Agency establishment instrument

Buhar insurance FLickrPresident Muhammadu Buhari has signed the instrument of accession of agreement for the establishment of African Trade Insurance Agency

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