Orange Money has partnered with Barclays Bank of Botswana to introduce money transfer services. The partnership will allow the bank’s customers to transfer money from their bank accounts to Orange Money wallets. The new “Bank to Wallet” service allows customers to transfer funds from a Barclays Bank of Botswana account directly into an Orange Money account.

Seabelo Pilane, Orange Money Director, said, “As Orange and Orange"...

The State Minister at the Ministry of Investment Osama Faisal has affirmed the ministry's determination to continue consultations with the states in order to ensure smooth flow of investment into the country without any obstacles.
He announced that the performance index through the Sudanese Committee and the World Bank, which includes 10 points on the climate and the investment environment, has made great strides.
This came when Faisal addressed Tuesday the conclusion of the activities of the Consultative"...

The Arab Bank for Economic Development in Africa, BADEA, has signed six loan agreements with Senegal, Guinea Bissau, Swaziland, Lesotho, Guinea, Zambia and a line of credit to the Solidarity Bank of Mali.

These loans will help financing development projects in the field of infrastructure, water, energy, social, health and private sector operations.

The agreements were"...

THE Nigerian Equities market set off the week on Monday with positive vibe of 0.33 per cent from the previous trading session.

Basically the Nigerian Stock Exchange closed at 36971.27 to bring the Year-To-Date returns to 35.57 per cent, while market capitalisation finished higher at N12.853 trillion respectively.

The"...

BANKS and local telecom operators can have a greater impact on financial inclusion by working together to rollout products capitalisaing on the popularity of mobile money platforms.

With mobile money’s popularity growing fast, Bart Hofker, the MTN Rwanda chief executive officer, said that partnership and close collaboration between the two sectors was likely to drive up formal financial inclusion.

At"...

Head of the Sudanese Banks Union, Masaad Mohamed Ahmed has revealed that a number of Sudanese banks have started contact with a number of banks to

reactivate correspondents abroad.
Ahmed said that a number of representatives of Arab and European banks would send delegations to Sudan to re-deal banking with the Sudanese banks, expecting the arrival of these delegations this week, while others will arrive next week.
Masaad told Sudan Vision"...

The Arab Bank for Economic Development in Africa, BADEA, and the Sahel-Sahara Bank for Investment and Commerce, BSIC, have signed an agreement on a Line of Credit of US$15 million, as part of BADEA’s programme for financing foreign trade, it has been announced.

The agreement, which was signed at BADEA’s headquarters in Khartoum, will contribute to the financing of imports of Arab goods to African countries that are members of the Economic"...

The annual meeting of the First African Group of the World Bank for 2017 started, Thursday, with the participation of Finance Minister, General Mohammed Osman Suleiman Al-Rikabi and the Governor of the Bank of Sudan, Hazim Abdulgader .

The meeting reviewed the performance of the member states which congratulated Sudan on revocation of US sanctions, expressing hope that Sudan will soon reintegrate in the international financial system to realize"...

The Ministry of Finance and Economic Planning has unveiled a study by the African Development Bank Group (AfDB) for Sudan to develop economic recovery programs for the following the post-lifting economic embargo period in the context of the government's plans to prepare for the current phase.
The State Minister at the Ministry of Finance and Economic Planning Majdi Hassan Yassin revealed, during his farewell Thursday at his office the AfDB Resident Representative in Khartoum Dr. Abdul B. Kamara on the occasion of"...