Uganda: BoU Should Be Free From Interference

[Monitor] The current challenge that the Central Bank finds itself in is not only tricky for the recovery of Uganda's economy but also a dent on investor confidence that the bank has been credited to have built over the years. … [Read more...]

Uganda: Gulu Youths Want Government to Relax Loan Scheme Conditions

[Monitor] Youths in Gulu District have protested what they describe as unfriendly and tough requirements the government has attached to the youth loan scheme. … [Read more...]

Kenya: Govt Seeks Insurance Fraud Prosecution Unit

[Business Daily] Kenya's finance ministry is in discussion with the office of the Attorney General to start insurance fraud prosecution unit following the launch of the insurance fraud police unit as the government seeks to end insurance fraud in the country. … [Read more...]

Kenya: World Bank Thumbs Up Open Data Move

[Capital FM] Nairobi - World Bank Group Managing Director Caroline Anstey has lauded the government for opening up access to State information through the Kenya Open Data Initiative (KODI). … [Read more...]

Kenya: Githae Wants Bank to Lower Rates

[Capital FM] Nairobi, Kenya - Acting Finance Minister Robinson Githae has called on commercial banks to lower interest rates to allow for the continued growth of the emerging middle class that has been hardest hit by the rising rates. … [Read more...]

Kenya: Barclays Weathers 2011 Turbulence

[Capital FM] Nairobi, Kenya - Barclays Bank of Kenya has posted an 11 percent rise in underlying profit to Sh12 billion for the full year ended December 2011. … [Read more...]

Kenya: AMREF, Chase Bank Pact to Cut Mortality Rates

[Capital FM] Nairobi, Kenya - As 2015, the year of the Millennium Development Goals fast approaches, the African Medical and Research Foundation (AMREF) has partnered with Chase bank to help achieve the goal of improving maternal health and reducing child mortality. … [Read more...]

Angola: Peasants Get Credit in Lucapa District

[ANGOP] Lucapa - Over 300 peasants associated in four co-operatives in Lucapa district, eastern Lunda-Norte province, benefited from the agricultural campaign credit, granted by the Angolan Savings and Credit Bank (BPC), Angop has learnt. … [Read more...]

Angola: BPC Chairman Praises Quality of Carnival Group

[ANGOP] Luanda - The CEO of the Angolan Saving and Credit Bank (BPC), Paixão Júnior, recognised on Sunday here that there is an improvement in the exhibition of carnival groups this year, if compared to 2011. … [Read more...]

Rwanda: More Banks Should Result in Better Services

[New Times] Sometimes one does not need to wait for the newspapers to report a story, or to listen to the news on radio or even watch it on TV. Sometimes the news is there for all to see and know. By the time it is officially announced it is not that much of a surprise anymore. … [Read more...]

Nigeria: Diamond Bank Awaits Guideline On Sale of Nationalised Banks

[This Day] Diamond Bank Plc at the weekend indicated that it is currently awaiting the guideline(s) for planned sale of the three nationalised banks by the Asset Management Corporation of Nigeria (AMCON). … [Read more...]

Nigeria: Low Interest Loan for Women Coming in December – CBN

[Daily Trust] Lagos - Women entrepreneurs in Nigeria would soon start accessing facilities from deposit money banks at single digit interest rate, the Central Bank governor Mallam Sanusi Lamido Sanusi has said. … [Read more...]