SOUTH AFRICA – Fintech marketplace for home loans MortgageMarket, has raised US$681,765 in its latest round of funding from venture capital firm IDF Capital and now plans…
KENYA - Absa Bank Kenya yesterday celebrated its one-year anniversary in the Kenyan market with a commitment to significantly invest towards transforming customer experience. The…
GHANA - Absa Financial institution Ghana and the Mastercard Foundation have sealed a partnership deal aimed at stimulating the growth of Micro, Small, and Medium…
SOUTH AFRICA - South Africa's Absa Bank has appointed former South African Reserve Bank deputy governor Daniel Mminele as its chief executive officer, with effect…
UGANDA – Barclays Bank of Uganda Limited, one of the country’s largest banks has rebranded to Absa Bank Uganda Limited while re-affirming its commitment to…
MOZAMBIQUE - Absa Bank Mozambique has inaugurated a new Premier Service Centre while opening its Chiveve branch in the city of Beira, Sofala, in one…
AFRICA -- The African Development Bank has signed an unfunded $250-million Risk Participation Agreement (RPA) facility with ABSA - a pan-Africa financial institution with a…
SOUTH AFRICA - South African lender Absa Bank is set to launch a new representative office in New York, USA to support its growth. The…
SOUTH AFRICA – Absa Bank has sold its stake in the Edcon store card portfolio to microlender RCS Group, a subsidiary of French group BNP…
CDC invests US$75million in risk sharing facility with Absa to bolster lending to African businesses
AFRICA - CDC Group Plc, UK’s development finance institution and impact investor, has in October this year, announced a US $75 million risk sharing facility…