AfDB and TDB Group Seal $150M Trade Finance Deal to Boost Intra-Africa Trade
The African Development Bank (AfDB) and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed a $150 million Trade Finance Unfunded...
AfDB Invests $24 Million in West African Development Bank to Accelerate Regional Development
The African Development Bank Group (AfDB) has signed a landmark agreement for a $24 million equity investment in the West African Development Bank (BOAD). The funding aims...
PayMint, ADIB Egypt To Launch Meeza Prepaid Cards following CBE Approval
The Central Bank of Egypt has granted approval to PayMint, in collaboration with Abu Dhabi Islamic Bank (ADIB) Egypt, to launch the prepaid “Meeza” card. This innovative...
Study Shows Bank Customers in Kenya At 39 Million
Kenyan banks customer base has reached 39 million, according to the 2024 Kenya Banking Industry Customer Experience Survey. This survey was carried out in Kenya’s...
Stanbic Bank and Mobikey Kenya Partner to Drive Growth in Kenyan Vehicle Ownership
Stanbic Bank and Mobikey Kenya, a leading player in the zero-mileage vehicle distribution industry, have joined forces to revolutionize vehicle financing in Kenya, particularly for...
Equity Bank Partners with Bpi France to Support SMEs in East Africa
Equity Bank Limited has partnered with Bpi France, a French public investment bank, to enhance access to trade credit financing for Small and Medium Enterprises...
Equity Bank Opens Gikomba and North Horr Branches
Equity Bank has launched two new branches, with its second branch in Gikomba Market and one in North Horr, Marsabit county, aiming to increase the...
Stanbic Bank Announces Ksh 7.2 Million Up for Grabs in new “Switch Campaign” Deposit Drive
Stanbic Bank Kenya has launched an exciting initiative called the “Switch Campaign” to attract new deposits and reward both new and existing customers. With a...
Kamau Thugge Reveals Plans for Licensing of Digital Lenders in Kenya
Dr. Kamau Thugge, the Governor of the Central Bank of Kenya, has disclosed that among approximately 400 digital lenders, only 32 hold licenses. Dr. Kamau...
Equity Bank to Lower Interest Rates Following CBK Rate Cut
Equity Bank Limited has announced plans to lower its loan interest rates following the Central Bank of Kenya’s (CBK) recent move to reduce the benchmark...