European Union blacklisted countries as tax heavens
The European Union issued a report this week blacklisting about and dozen and half countries from across the world as tax heavens. The list includes Tunisia from Africa.
WorldRemit targets 5 million customers in Africa
Leading digital money transfer service WorldRemit has raised $40m to drive its next phase of global growth, aiming to serve 10 million customers connected to emerging markets. Half of these customers will…
Tunisia secures €72 million loan to improve digital capability
The Board of the African Development Bank Group has approved a loan of €71.56 million to support the implementation of ‘Digital Tunisia 2020’ National Strategic Plan.
New study explores Africa, Middle East future financial services
The Middle East, Africa and South Asia (MEASA) will be a source of both demand and supply for more and better financial services, a new report says.
Sweden, UNICEF launch program to help Ethiopian Women, Children
The Government of Sweden provided $9.2 million to UNICEF Ethiopia in support of a national integrated safety net system for the most vulnerable women and children in both rural and urban parts…
AfDB issues Light Up and Power Africa Bond
The African Development Bank (AfDB) has issued the first “Light Up and Power Africa” Bond for SEK 733 million (approximately JPY 10 billion) sold to the Dai-ichi Life Insurance Company, Limited, the…
SSP celebrates 30 years in the African insurance market
SSP celebrates the 30-year anniversary of providing general insurance (short-term) software solutions to African customers.
Ecobank launches mVisa in 33 African countries
Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers in 33 African countries.
Korea set to host African Development Bank 2018 Annual Meetings
The African Development Bank Group (AfDB) and the Government of Korea have officially launched preparations for the Bank’s 2018 Annual Meetings, to be held in Korea.
Island of Comoros joins African Export-Import Bank
The Island of Comoros joins the African Export-Import Bank (Afreximbank), the continental multilateral trade finance institution.
African Development Bank Group appoints five new directors
With the aim of improving its performance, the African Development Bank (AfDB) Group appoints five new directors with decades of professional experiences.
Ethiopia set to boost tax earning by a billion dollar
By Andualem Sisay Gessesse – The government of Ethiopia says it has increased the national budget of the country for the budget year started last month expecting a 25 billion birr (around…
Africa trade financing bank offers share to public
The multinational trade finance bank African Export-Import Bank, Afreximbank, launches a $300 million equity offering, using Depositary Receipts backed by its Class “D” shares.
Commercial Bank of Ethiopia buys 200 additional ATM machines
NCR Corporation (NYSE: NCR), a global leader in Omni-channel solutions, today announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition…