Kenya: IBM nets $7.3m in bank deals, eyes region

GLOBAL TECHNOLOGY firm IBM is seeking to close more deals in the region’s banking sector next year, after securing agreements worth $7.3 million with...

Africa – Can Diaspora Bonds Help Meet Development Goals?

Diaspora remittances are a key foreign exchange earner for Africa with US$40-billion flowing from the west annually. That figure is growing at 15% per year,...

AfDB grants $15.6m to African Virtual University for capacity building

The Board of Directors of the African Development Bank Group (AfDB) has approved a $15.6 million grant from its concessionary lending arm, the African...

Uganda: Proposed laws to boost investing by pensioners

The liberalisation of Uganda’s pension sector, expected in 2012, is set to boost activity at the Uganda Securities Exchange, according to capital market officials. Capital...

ADF Grants U.S.$ 15.6 Million to African Virtual University (AfDB)

The African Development Bank Group's board of directors has approved a USD15.6 million grant from its concessionary lending arm, the African Development Fund (ADF)...

African Banks Turn to IBM to Support New Wave of Innovation

IBM IBM -0.04% has announced details of five strategic agreements in the Kenyan financial services sector as banks across Africa turn to advanced technologies to support rapid...

South Africa: Reserve Bank gets new deputy governor

Pretoria - President Jacob Zuma has appointed Francois Groepe as Deputy Governor of the South African Reserve Bank. Francois Groepe - New Deputy Governor of...

South Africa: Fin24.com Launches Virtual Trading Dashboard

South Africans, apprehensive about investing in the stock market have been given an early Christmas present by premier online financial website, Fin24.com. The introduction...

Ecobank wins 9 African country awards in The Banker’s 2011 Awards

The Banker magazine named Ecobank affiliates as “the Bank of the Year 2011” in nine African countries: Burundi, Burkina Faso, the Central African Republic,...

NFEC’s Financial Literacy Campaign Enters Second Phase in Kenya

The National Financial Educators Council (NFEC) partnered with NurtureSmart to launch a financial literacy campaign in Kenya and surrounding African Countries. This campaign is...

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