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Former Ethiopian PM Desalegn to Chair AGRA board after Strive Masiyiwa

Amref Health Africa CEO appointed to AU’s Centre for Disease Control board

What A Growing Population Density Means for East African Investment

Kenya exploring on West Africa stop-over to promote Caribbean flights

Hong Kong eyes more trade, investments in Kenya

Tanzania: President Magufuli Launches SADC

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Koreans to embark on Africa infrastructure financing through TDB

TECNO: The Future of smartphones in Africa
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Kenya to tax YouTube, NetFlix and Google Apps

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Allied Wallet Africa expands to Angola with regional office

African investment opportunities (and risks)

How Diageo plans to invest in Africa, restructure business

Scottish premium whisky Macallan plans to dominate luxury segment in Africa

US$320mn pan-African infrastructure fund, AIIF3 unveiled

Nigerian outfit TriciaBiz launches online Business School for entrepreneurs in Africa

Africa pioneer incubation hub MEST gets new head as influential Aaron Fu moves on
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Kenya push for closure of ivory trade

Mobile Money platform in S. Sudan shapes job market

Economic Impact of Non-Communicable Diseases in East Africa

Why Kenya’s insurance sector is “rotten”

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Mobile money lenders meteoric growth in Kenya

Kenyan Shilling initial crack against major currencies since note change

Tala loans reach 2.5 million customers amid Fintech revolution

Bolt targets corporates with new business strategy
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Former Ethiopian PM Desalegn to Chair AGRA board after Strive Masiyiwa

Kenya to tax YouTube, NetFlix and Google Apps

Tecno and Infinix partners with Wapi Capital to get next Fintechs in Africa

Allied Wallet Africa expands to Angola with regional office

Tanzania Aviation Industry: How high can Tanzania Fly

Amref Health Africa CEO appointed to AU’s Centre for Disease Control board

Kenya homegrown investors joins Chinese VCs to grow health sector

How Kenyan Incubation Hub Metta is driving fashion through Nairobi

TMEA feted in Rwanda for efforts in reducing trade barriers
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Home Tag International Finance Corporation (IFC)

Tag: International Finance Corporation (IFC)

Kenya’s Equity Bank has been named as the most ‘Socially Responsible Bank in Africa’ at the most prestigious Africa’s banking and financial sector event – The African Banker Awards 2019. This affirms Equity’s social and environmental leadership on the continent. The award recognises Equity’s initiatives steered through the Equity Group Foundation (EGF) programmes that are positively impacting communities. Through EGF, the bank has had successful initiatives, key among them being the improvement of secondary school education access for 16,168 students under the Wings to Fly program; Financial Literacy training ,clean energy products, agribusiness in Kenya and supporting entrepreneurs in Kenya.

How Equity’s digital shift has enhanced supreme banking for SMEs

by Chacha Mwita

Equity Bank says branches are making it easy for SMEs to access products that are right for them Equity Bank ...

Co-operative Bank has kicked-off a country-wide campaign of engaging Micro, Small & Medium-sized Enterprises (MSMEs) in the counties. The forum focuses on training and equipping business clients with the skills and strategies to grow their businesses in the changing operating environment in the economy. This part of a US$150 partnership programme between Co-op Bank and the International Finance Corporation (IFC) to provide affordable financing and business training to Kenyan MSMEs.

Boost for businesses as Co-op Bank kicks off SMEs campaign

by Chacha Mwita

The lender is focused on equipping SMEs with skills to grow their businesses Co-operative Bank has kicked-off a country-wide campaign ...

Branch International, one of Kenya’s top digital financial services provider and Africa’s most popular financial app, has announced its largest commercial paper issuance to date, raising US$4.92 million(Ksh500 million). This is the third time the financial services firm has issued commercial paper. All commercial paper issuances have been arranged by the Centum-owned advisory firm, Barium Capital. This latest investment will be used to continue to expand Branch’s services in Kenya, the management has said.

Branch raises US$4.9 million, issues over 10 million loans in Kenya

by Chacha Mwita

January 23, 2019

NAIROBI, Kenya – Branch International, one of Kenya’s top digital financial services provider and Africa’s most popular financial app, has ...

The Kenya Private Sector Alliance (KEPSA), The Africa CEO Forum, and International Finance Corporation (IFC) have joined efforts to rally for improved intra-Africa relations for the benefit of the continent. The group held a launch event in Nairobi on Tuesday, to introduce the seventh edition of the Africa CEO Forum that will take place on 25-26 March 2019 in Kigali, Rwanda. The Kigali meeting comes at a time when African states are nearing the threshold of 22 countries needed to operationalise the African Continental Free Trade Agreement (AfCFTA).

Business leaders converge to shape Africa’s future

by Chacha Mwita

January 22, 2019

NAIROBI —The Kenya Private Sector Alliance (KEPSA), The Africa CEO Forum, and International Finance Corporation (IFC) have joined efforts to rally ...

Rawbank CEO Thierry Taeymans (R) says that the credit will boost the Congolese private sector. The African Development Bank (AfDB) will boost the private sector in the DRC by providing a USD15 million credit line to Rawbank. www.exchange.co.tz

AfDB boosts Congo SMEs through RAWBANK

by Njenga Hakeenah

December 27, 2018

The funding will also help hundreds of Congolese entrepreneurs creating SMEs targeting women entrepreneurs in particular.

IFC CEO Philippe Le Houérou (R). He signed agreements among them one that will allow IFC to support Ethiopian banks as part of a Global Trade Finance Programme www.exchange.co.tz

IFC’s larger role in Ethiopia’s development

by Njenga Hakeenah

December 27, 2018

This is part of a broader effort by IFC, a member of the World Bank Group, to play a significantly ...

I&M Bank Rwanda - The Exchange www.exchange.co.tz

World Bank launch $500,000 advisory project for Rwanda’s SMEs

December 11, 2018

The World Bank Group (WBG) through its international financial institution, the International Finance Corporation (IFC) penned a two year $0.5 ...

The World Bank Group has announced a major new set of climate targets for 2021-2025, doubling its current 5-year investments to around $200 billion in support for countries to take ambitious climate action. The new plan significantly boosts support for adaptation and resilience, recognizing mounting climate change impacts on lives and livelihoods, especially in the world’s poorest countries.

World Bank announces US$200 billion climate action fund

by Chacha Mwita

December 3, 2018

NAIROBI, KENYA, DECEMBER 3 — The World Bank Group has today announced a major new set of climate targets for ...

The International Finance Corporation in partnership with the German Ministry for Economic Cooperation and Development and Making Finance Work for Africa have affirmed their commitment in strengthening digital finance investments in Africa. IFC held its ninth annual Responsible Finance Forum in Tanzania,its first ever in Africa.

Sweet deal for Africa as IFC muscles partners to bolster digital financing

by Chacha Mwita

October 12, 2018

OCTOBER 12,2018 —The International Finance Corporation (IFC) in partnership with the German Ministry for Economic Cooperation and Development (BMZ) and Making ...

I&M Bank.

Boost for SME borrowing as I&M secures US$ 40 million kitty

by Chacha Mwita

October 9, 2018

NAIROBI, KENYA, OCTOBER 10 — I&M Bank has secured a US$40 million(Ksh4.03 billion) loan from the FMO, a Dutch Development ...

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