VENTURES AFRICA – Union Bank, a leading Nigerian bank, has revealed that it would seek shareholders’ approval to raise $750 million in June, funds it says would be used to boost lending to the power, telecom and oil sectors.
WASHINGTON, June 3, 2014 /PRNewswire-USNewswire/ — The Export-Import Bank of the United States (Ex-Im Bank) today announced that the Bank has authorized $1.1 billion to finance U.S. exports to sub-Saharan Africa in the first seven months of fiscal year 2014.
Kenya; Standard Chartered Bank (SCB) Kenya Limited intends to increase its lending to the manufacturing sector, especially small and medium sized enterprises (SMEs).
DAKAR, June 3 (Reuters) – The Islamic Development Bank has launched a programme to release $180 million in financing to six African countries for renewable energy projects as part of a broad strategy to deepen its involvement in the region.
HARARE — The Reserve Bank of Zimbabwe on Thursday announced the cancellation of Capital Bank’s banking licence, sowing fresh doubt into the stability of indigenously-owned banks in the country.
Langue Français Lusaka, le 2 juin 2014 (CEA) – ECA doit combler le vide du leadership économique sur le continent dit le Secrétaire général du Marché Commun pour l’Afrique de l’Est et Australe-COMESA, Sindiso Ngwenya.
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