Updates

Chase Bank secures KShs 5-billion AfDB lending facility

March 31, 2016/AfDB Latest round of financing to spur Chase Bank’s credit expansion to SMEs as it plans KShs60 billion for sector in the next three years. Chase Bank has secured KShs 5 billion (USD 50 million) on-lending facility from the African Development Bank (AfDB) to support its growth strategy. […]

DHL Says Africa’s Drop in GDP Growth will not Deter Investors

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- leading global brand in the logistics industry, Deutsche Post DHL said on Thursday despite  Africa’s  slight economic slowdown, investment in the continent will not be discouraged. “Over the past few years, Africa has been top of mind for foreign business investment, often referred to […]

AfDB Supports Sudan to Launch Online Stock Market

March 31, 2016/AfDB The Government of Sudan inaugurated an online trading system of its stock market on March 24, 2016 in the country’s capital, Khartoum – a landmark development in the Sudan’s financial history. Financed by the African Development Bank as part of its Public Financial and Macroeconomic Management (PFM) […]