In line with Arise’s mandate of advancing financial inclusion in Africa, Arise acquired a 29,8 % stake in Moza Banco, a locally owned bank in Mozambique in December 2018. According to Arise CEO, Deepak Malik the rationale behind the acquisition
Blog by Linda Broekhuizen, Chief Investment Officer, FMO Ten years after the collapse of Lehman Brothers and the start of the financial crisis, most stakeholders outside the financial sector (clients, governments, regulators, civil society) still don’t trust banks. They believe that nothing has
Fifteen of the world’s largest institutions, including banks, trading companies, an inspection company and an energy major have formed a new venture known as komgo SA, that will seek to digitalise the trade and commodities finance sector through a blockchain
"I firmly believe in strengthening the private sector in job creation through the establishment of new companies and by providing critical infrastructure. This will improve people’s livelihood and reduce poverty. It doesn’t mean I am negative to traditional aid. It
When did you join Arise and what was your motivation for taking up this position? I joined Arise as a Senior Investment Associate on 1 February 2017. Prior to Arise, during my tenure as a Credit Risk Analyst covering Financial
Several months after joining Equity Group Holdings Plc, Polycarp Igathe was confirmed and named the Managing Director of Equity Bank Kenya on 20 September 2018. He will take leadership of the Group’s subsidiary that controls 75% of the Group’s Assets. This
Last month dfcu Bank was recognized as the number one promoter of financial literacy in Uganda. The recognition was made at the 2018 Digital Impact Awards Africa, which was held on 21 September 2018. The bank clinched this award for its
Can you provide a brief overview of your background? I am a trusted advisor to global companies on responsible business investment and partnerships in Africa. I ensure that my clients’ operations have positive socio-economic impacts on the countries in which
Arise is committed to investing in Africa’s local prosperity through increasing financial inclusion, strengthening rural development and alleviating poverty. We believe that people with great ideas will contribute to the prosperity of their country. We want everyone in Sub-Saharan Africa to
Sixteen leading banks from four continents, convened by the UN Environment Finance Initiative (UNEP FI), in April and published a jointly developed methodology to increase banks’ understanding of how climate change and climate action could impact their business. Rabobank is
