DealStreet Africa Financial Services LATEST NEWS Nigeria’s biggest bank Access to merge with Cavmont Bank Namibia 1 day ago NAMIBIA – Access Bank, Nigeria’s biggest commercial bank has identified eight African countries for potential…
DealStreet Africa Financial Services LATEST NEWS Mortgage financier HF Group secures US$9m capital boost from shareholder Britam to boost retail lending 2 days ago KENYA – Mortgage finance company Housing Finance has received US$9 million in new funding from…
Financial Services LATEST NEWS TransUnion joins hands with South Africa’s start-up Fincheck to ease credit application process 4 days ago SOUTH AFRICA – TransUnion, a global information, and insights company, has joined forces with South…
Financial Services LATEST NEWS CDC Group, Trade and Development Bank sign US$100m short-term finance facility 4 days ago KENYA – CDC Group, the UK’s development finance institution and impact investor, has announced a…
Financial Services LATEST NEWS People Insurance group Britam picks Tavaziva Madzinga to replace long serving CEO Benson Wairegi 4 days ago KENYA – Insurance Group Britam Holdings has appointed Tavaziva Madzinga, a strategy expert, as its…
Financial Services LATEST NEWS Kenyan insurers feel the pinch as policy cancellations hit US$45.4m on Covid-19 5 days ago KENYA – Insurance policy cancellations and withdrawals in Kenya jumped by nearly a third in…
DealStreet Africa LATEST NEWS Ivorian financer Tidjane Thiam is raising US$250m to invest in financial services 7 days ago CÔTE D’IVOIRE – Ivorian banker Tidjane Thiam is raising a US$250m special purpose acquisition vehicle…
Financial Services LATEST NEWS People Integrated Payment Services Ltd appoints Gituku Kirika as new CEO 7 days ago KENYA – Integrated Payment Services Limited (IPSL) has appointed Gituku Kirika as the new Chief Executive…
DealStreet Africa Financial Services LATEST NEWS Equity Bank receives US$50m from FMO for SME lending 1 week ago KENYA – Equity Bank Kenya has secured US$50 million from the Dutch Development Bank (FMO)…
Financial Services LATEST NEWS Central Bank of Kenya floats US456m infrastructure bond 2 weeks ago KENYA – The Central Bank of Kenya (CBK) is inviting bids for its US$456 million…
Financial Services LATEST NEWS Telecoms, ICT & Media Ethio-Telecom to invest in the country’s financial sector 2 weeks ago ETHIOPIA – Ethiopia’s Council of Ministers has amended the Ethio – Telecom establishment regulation to…
DealStreet Africa Financial Services LATEST NEWS Investment company Arise B.V. acquires 34.9% of Rabobank stake in NMB Bank Tanzania 2 weeks ago TANZANIA – African investment company Arise has acquired a 34.9% shareholding previously owned by Rabobank…
Financial Services LATEST NEWS Development Bank of Namibia and Germany’s KfW sign agreement to finance SMEs 2 weeks ago NAMIBIA – The Development Bank of Namibia (DBN) and the Development Bank of Germany (KfW)…
DealStreet Africa Financial Services LATEST NEWS Xylem Pty acquires 72.05% stake in Madison Financial Services Zambia for US$35 million 2 weeks ago ZAMBIA – Xylem Trading (Pty), a company and investment vehicle incorporated in South Africa will…
Financial Services LATEST NEWS People CIC Group appoints Fred Ruoro as new managing director for its general insurance unit 2 weeks ago KENYA – The board of CIC Insurance group Plc has announced the appointment of Mr….
DealStreet Africa Financial Services LATEST NEWS Kenya’s competition watchdog approves sale of insurer ICEA Lion shares 3 weeks ago KENYA – The Competition Authority of Kenya has approved the proposed acquisition of shares of…
DealStreet Africa Financial Services LATEST NEWS Kenya’s Mwalimu Sacco edges key shareholder out of Spire Bank, begins search for strategic investor 3 weeks ago KENYA – Kenya’s Mwalimu National Sacco has acquired 100% ownership of the trouble-ridden local bank…
DealStreet Africa Financial Services LATEST NEWS Equity Bank Congo and Banque Commerciale Du Congo get regulatory approval for merger 3 weeks ago DRC – Equity Group Holdings Plc. (UGH) has received regulatory approval to merge Equity Bank…
Financial Services LATEST NEWS Zambian micro-lending startup PremierCredit raises US$650k funding from Enygma Ventures 3 weeks ago ZAMBIA – PremierCredit, Zambian micro-lending platform that also operates in Zimbabwe, has raised US$650,000 in…
Financial Services LATEST NEWS Kenya-based digital bank Umba raises US$2m seed funding to expand product range 3 weeks ago KENYA – Kenya-based digital bank for emerging markets Umba has announced a US$2 million seed…
Financial Services LATEST NEWS Sustainability & Renewable Energy Nedbank secures US$200m from IFC to increase green financing in South Africa 3 weeks ago SOUTH AFRICA – International Finance Corporation (IFC), a member of the World Bank Group, and…
