Africa

Africa

Adoption of Micro-Takaful Will Support Nigeria’s SIPs

Adoption of "Micro-Takaful" in Nigeria will help to support the current efforts of the Federal Government in expanding the Social Intervention Programs (SIPs) for...

Ovamba & Singularity Launch Tradetech Partnership in Egypt

TradeTech innovator, Ovamba Solutions (www.Ovamba.com) and financial services provider, Singularity Finance (www.Singularity.finance) have partnered to deliver financial inclusion and growth capital to small and...

Non-Interest Securities: Central Bank of Nigeria to Charge Protection Fees

The Central Bank of Nigeria (CBN) says it will charge protection fees from investors in its Non-Interest Asset Backed Securities. One of the features of...

AfDB and the Green Growth Knowledge Platform (GGKP) Join Forces to...

The African Development Bank and the Green Growth Knowledge Platform (GGKP) have been awarded a two-year, CHF 241,875 ($273,439) grant from the MAVA Foundation...

Digitalisation to Help Nigerian Banks Reduce Cost – McKinsey & Company

McKinsey and Company in a report stated that digitalisation will enable Nigerian banks to achieve between 25 and 40 per cent cost-reduction. The report also...

Kenya Needs Firm Foundation for Rollout of Sukuk

Over the years, the world has seen steady growth of the global Sukuk market. Sukuk is defined as a certificate of equal value representing...