Rabo Partnerships recently hosted its 2023 edition of the Future Leadership Program. This eight-week training program is aimed at developing banking professionals from the organisations’ partner institutions in Africa and Latin America. This was the 11th consecutive year that this program
An innovative dfcu Investment Club app has emerged as the platinum winner for the Infosys Finacle Innovation Awards 2023 under the category of business model innovation. The app was selected from over 200 global nominations across 10 categories by a
An innovative employee initiative by Moza Banco to empower staff has played a key role in advancing service levels and contributing to staff retention. Club Moza was established in 2013 by employees of the bank across various operational divisions, with the
Last month, CalBank, entered into a strategic partnership with Ghana Incentive-Based Risk Sharing Agricultural Lending (GIRSAL), a non-bank financial institution specialising in Agric financing. This collaboration is aimed at enhancing the bank’s agribusiness portfolio and contributing to the growth of
The Ecobank Group and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate the settlement of cross-border transactions of the Group, including the transactions of all their subsidiaries, through PAPSS. The agreement was
On 14 June Equity Group Holdings Plc, in keeping with its strategic regional expansion, announced its intention to acquire Compagnie Générale de Banque (Cogebanque) PLC Ltd in Rwanda after signing a binding term sheet that means that, upon completion of
Africa continues to have an enormous cash and informal trade economy. Promoting financial inclusion is critical, with banks playing a pivotal role in facilitating economic growth and financial inclusion across Sub-Saharan Africa. Cryptocurrencies have the potential to redefine the banking
Arise is excited to announce the appointment of Investment Manager, Lindani Samkange-Chikumbirike. Lindani, who joined Arise last month has over sixteen years of experience in the investment sector having worked in private equity and corporate finance. He has worked on various
FMO is pleased to announce a USD 11 million NASIRA risk sharing facility for NMB Bank in Tanzania. This facility will be used to support the bank in increasing financing for Micro, Small and Medium-sized Enterprises (MSMEs) operating in Tanzania. FMO’s
Norfund is investing in two textile manufacturers in Kenya, in line with their aim to create jobs and improve lives through investing in sustainable businesses. According to William Nyaoke, Norfund’s regional director for East Africa, the textile industry can create a
