banking
AfDB Approves $50.7m for Tanzania
October 21, 2020
The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 36 million ($50.7 million) for Tanzania, to finance the nation’s...... Continue Reading >
Government says all transactions to be made in local currency
October 19, 2020
The South Sudan Council of Ministers on Friday adopted a resolution that all payments in the country should be made in the local currency, according...... Continue Reading >
Ekata Introduces Account Opening API
October 16, 2020
Ekata, a global leader in digital identity verification, introduces the Account Opening API, designed to take action on high-risk accounts to mitigate...... Continue Reading >
Pound falls to record low against US dollar
October 15, 2020
The South Sudanese Pound has been steadily depreciating against the US dollar and reached a record low this afternoon, with the pound trading at...... Continue Reading >
EMs see rising capital inflows since May 2020: CBE
October 14, 2020
The Central Bank of Egypt (CBE) revealed that capital inflows to emerging markets (EMs) have been gradually returning since May 2020, after witnessing...... Continue Reading >
Bank of America Reports Third-Quarter 2020 Financial Results
October 14, 2020
Bank of America reported its third-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed...... Continue Reading >
Sudanese pound continues to fall ahead of fuel subsidy cut
October 13, 2020
October 12, 2020 (KHARTOUM) - Sudan’s pound fell to a record low in the black market on Monday, ahead of the announced removal of fuel subsidy....... Continue Reading >
IDEMIA Launches its Global Fintech Accelerator Card Program to Support FinTechs and Neobanks in Their Card Issuance Process
October 6, 2020
IDEMIA, the global leader in Augmented Identity, helps FinTechs launch card programs rapidly with the IDEMIA Fintech Accelerator Card Program, a...... Continue Reading >
World Bank supports Madagascar's digital transformation and identity management system upgrades
October 5, 2020
The World Bank approved a $140 million credit from the International Development Association (IDA) Scale Up Facility and a $3 million grant from...... Continue Reading >
Cabinet approves additional $63 million loan from Afreximbank
September 30, 2020
South Sudan’s cabinet on Tuesday approved an additional $63 million of loan from the African Export-Import Bank (Afreximbank) to cushion the...... Continue Reading >
Top News
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