HARARE - Arise, an investment company that was formed by a partnership between Norfund (a Norwegian investment fund), FMO (a Dutch development fund) and Rabobank (a Dutch commercial bank) has taken over 69.14 million shares of Norfund and FMO in
The government has signed a Sh300 million agreement with Equity Bank to cushion farmers against crop failure. Agriculture CS Willy Bett said the partnership is a risk-sharing arrangement between the government and the financial institution. “The government provides a guarantee fund
We are pleased to announce that the Rabobank Foundation received the FAO’s international Jacques Diouf Award on 5th July. This is recognition for the foundation’s many years of work and dedication. Rabobank Foundation was presented with the award for its
Norfund has made a NOK 23.3 million loan investment (USD 2.75 million) into Nyama World Limited, a fully integrated beef production company in Malawi. All livestock are sourced, produced, processed and sold predominantly in Malawi. Once the business is fully
FMO is excited to report that their first fintech event, which they hosted at the Global Summit for Financial Inclusion in The Hague was a great success. The event was well attended and yielded tangible results on how to advance
Two recent investments into Ghana and Uganda by Arise are set to significantly boost the banking sector in these countries. A maiden investment into CalBank in Ghana earlier this year will advance the banking sector in the country. Arise acquired a
Zanaco will rollout 3000 Zanaco Express agents/booths in the next three years aimed at making banking more accessible to the public. Zanaco Chief Executive Officer, Henk Mulder said the bank had launched the agents/booths at the 91st Agricultural and Commercial
CalBank Ltd has launched a new brand image to stimulate financial technology and inclusion. Apart from its new tagline and logo, the bank adds on to its portfolio a new campaign for environmental protection and alternative energy, a financial inclusion
