Tag Archives: credit

The Opportunity Cost of Doing Business for SMEs in Africa

Doing Business in Africa. Image by Andrey Popov

Fintechs are Easing Access to Credit for Small and Medium Enterprises. The African economy has gathered momentum over the years, with an estimated increase of 3.8% of the real output growth in 2017. As the largest economies gradually strengthen, the 2018/2019 performance should reach 4.1% according to the African Development Bank. This economic growth and […]

African Banking innovation sees AfDB approving multi-currency line of credit of USD 300m

By Thandisizwe Mgudlwa The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa This week an announcement from Tunis, Tunisia, revealed that the African Development Bank has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand […]

Coface projections on SA, Africa and the global economy will have to be tested

By Thandisizwe Mgudlwa Africa is best positioned to provide a thriving business environment, a leading International credit insurer attests. Coface has projected that by 2016, South African exports into Africa will increase significantly but will be offset by an equivalent drop in trade with Europe. The group also says that the will also be an […]

IMF Concludes ECF Review Mission to the Central African Republic

BANGUI, Central African Republic, November 8, 2012/African Press Organization (APO)/ – A mission from the International Monetary Fund (IMF) led by Mr. Norbert Toé visited Bangui, Central African Republic (CAR), during October 24 to November 8, 2012 to conduct the first review of the three-year program supported under the Extended Credit Facility (ECF). The mission […]

Bunna International Bank Partners With Finacle From Infosys for Banking Transformation

  ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — New Core Banking Solution to Improve Customer Service and Operational Efficiency Bunna International Bank, a leading player in the Ethiopian market, today announced the selection of Finacle[TM] core banking solution [http://www.infosys.com/finacle ] from Infosys for its transformation journey. Finacle […]

Majority of Credit Active Consumers Don’t Know Their Credit Score

  Personal finance and price comparison website, www.justmoney.co.za, found that the majority of respondents that participated in its poll in July 2012 did not know their credit score. Cape Town, South Africa, October 21, 2012 –(PR.com)– The results of a poll conducted by Justmoney reveal that many consumers fail to realise the importance of knowing […]

Regionalism

  by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources […]

Togo / Tourism: bar restaurant “Manchester United” opened

The tourism landscape Togo recorded a newborn. This is the bar-restaurant “Manchester United” opened on July 15 in Lome in an environment well maintained by comedians and actors Togo renowned. Various personalities first and foremost the Togolese Minister of Social Action and National Solidarity Mémounatou Ibrahima, responded overwhelmingly to the invitation of the management of […]

Consumer Lifestyles Market in Estonia, Nigeria, Spain, Saudi Arabia & Hong Kong, China Reviewed in New Research Reports

  DALLAS, July, 2012 /PRNewswire/ – ReportsnReports.com adds new market research reports on Consumer Lifestyles in Hong Kong, Saudi Arabia, Spain, Nigeria and Estonia to its store. These Consumer Lifestyle Reports provide current and detailed snapshots of the unique behaviours, attitudes and spending patterns of consumers in concerned countries. Explore the reports @: 1. Consumer […]

AFDB gives ATI support

  By Thandisizwe Mgudlwa More and more support is pouring in; in an attempt to beef up the attraction of investment into Africa. Recently the Board of Directors of the African Development Bank (AfDB) approved a USD15 million equity investment in the African Trade Insurance Agency (ATI) to increase its capital base. A statement reports […]

Online ID OD: Illegal Web Trade in Personal Information Soars

  LONDON, July 17, 2012 /PRNewswire/ — Experian CreditExpert’s identity web monitoring service reveals more than 12 million pieces of personal information traded online globally between January and April 2012 More than 12 million pieces of personal information were illegally traded online by identity fraudsters in the first four months of 2012, new figures from […]

ACCESS BANK HOLDS AGM WITH TOTAL ASSETS, CONTINGENTS GROW AT D991 MILLION

by Amat JENG Access Bank (Gambia) Ltd on Wednesday held its fifth Annual General Meeting (AGM) at the bank’s head office along Kairaba Avenue. Started with a required quorum, the meeting witnessed the Chairman board of directors of the bank, Bai Mattar Drammeh, declared total assets and contingents to have grown by 7.7% from dalasi […]

Land registration, credit and agricultural investment in Africa

Author(s): Daniel Domeher, (School of the Built Environment, Liverpool John Moores University, Liverpool, UK), Raymond Abdulai, (School of the Built Environment, Liverpool John Moores University, Liverpool, UK) Citation: Daniel Domeher, Raymond Abdulai, (2012) “Land registration, credit and agricultural investment in Africa”, Agricultural Finance Review, Vol. 72 Iss: 1, pp.87 – 103 Publisher: Emerald Group Publishing […]