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Arise lends its support to the Ecobank Fintech Challenge 2023

Lomé, Togo 24 August 2023 – Over 1,400 Fintech startups from 64 countries across Africa and beyond applied for this year’s Ecobank Fintech Challenge with eight of them making the cut to the final where they will compete for the […]

Rabo Partnerships recently hosted its 2023 edition of the Future Leadership Program

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 […]

Rabo Partnerships hosts its 11th future leadership program

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 […]

Dfcu’s Investment Club app wins global innovation award

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 […]

Moza Banco staff empowerment initiative paves the way for service excellence

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 […]

CalBank signs agreement with GIRSAL to boost agribusiness portfolio

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 […]

Ecobank Group enhances cross-border payments across Africa

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 […]

Equity Group acquires 91.93% of Cogebanque in Rwanda

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 […]

Navigating the impact of cryptocurrencies on African banks: balancing risks and rewards

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 […]

New appointment | Lindani Samkange-Chikumbirike

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 […]

Moza Banco consolidates main indicators and maintains growth trend in 2022

In 2022 Moza Banco consolidated its main indicators and maintained growth trends in line with previous years, a fact supported by the confidence shown by its customers and the market. The Management Report and Financial Statements, discussed on 28 April […]

FMO signs USD 11 million NASIRA guarantee to NMB Bank

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. […]

Norfund invests in the textile industry in Kenya

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 […]

Four Ecobank affiliates named Best Trade Finance Provider by Global Finance Magazine

Four affiliates of the leading pan-African banking Group, Ecobank Group, have won the coveted Best Trade Finance Provider 2023 Award in their respective countries. The affiliates, specifically Ecobank Burkina Faso, Côte d’Ivoire, Ghana and Rwanda received this recognition from the […]

Equity group ranked the world’s 4th strongest banking brand

Equity Group has been recognised as one of the strongest banking brands globally. In the 2023 Brand Finance’s Brand Strength and Brand Value rankings, Equity ranked fourth in the world’s top 10 strongest banking brands. The lender emerged with a […]

NMB Bank brings first Sub-Saharan gender bond to Luxembourg

On 8 March 2023, history was made when NMB Bank’s Jasiri, gender bond, became the first sub-Saharan African bond to list on the Luxembourg Green Exchange (LGE), during the launch of the Luxembourg Women in Finance Charter. With the stated […]

28 Women agribusiness entrepreneurs graduate under Dfcu’s Business Accelerator Program

Twenty-eight women agribusiness entrepreneurs graduated from the 1st cohort Business Accelerator Program (BAP) implemented by the Agribusiness Development Centre (ADC), dfcu Limited, and the Rabo Foundation. Launched last year, the program’s objective is to train 350 agribusinesses (40% women-led), link […]

CalBank launches female leadership program to advance gender diversity

In celebration of the achievements of women and their historical contributions, CalBank launched the CalBank Women Leadership Program. This program is aimed at promoting female leadership and is part of the bank’s commitment to advancing gender diversity and inclusion in […]

Arise conference explores banking for the digital age

Arise hosted its fifth annual investment conference in Cape Town in February, which attracted in excess of 100 delegates from across the African continent and Europe. The aim of this annual two-day event is to provide a collaborative platform to […]

FMO & partners support green projects & financial inclusion in Ecuador with USD 116mn investment

FMO, the Dutch entrepreneurial development bank, signed a USD 116mn syndicated facility to its existing client Banco Pichincha to finance both green projects and women-owned SMEs in Ecuador. FMO has acted as lead arranger and lender for this transaction, providing […]