Standard Chartered Bank, one of Kenya’s top lenders, has begun a process to lay off about 200 employees which represent about 14% cut in its workforce as the bank looks to cut costs to cope with the coronavirus pandemic. The decision to cut nearly one-fifth of all jobs has been communi...
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WestLB teams with development banks for Kenyan mining finance.A bank group led by WestLB and Nedbank teams with three development banks to finance the Kwale mineral sands mining project in Kenya. [ FROM AUTHOR]EBSCO_bspTrade Finance
AZA Finance subsidiary bags Payments Service Provider licence in Nigeria Nov 5, 2024AZA Finance subsidiary granted Payments Service Provider (PSSP) Licence in Nigeria Oct 21, 20243 Kenyan fintechs selected for Milken-Motsepe Prize in FinTech Aug 30, 2024How Blockchain is Revolutionizing Cross-...
There has been much progress in recent years across the world, from Brazil to China, and from Kenya to the UK, and through the actions of leading banks, insurers and institutional investors. UN Environment has been honoured to partner with DBS in producing the first estimates of green finance...
They made the remarks during a two-day meeting in the Kenyan capital of Nairobi that concluded on Wednesday to discuss ways to increase climate finance in Africa. During the Climate Change Global Business Summit, speakers called on mul...
16EXIM Board Unanimously Approves Amended Financing of U.S. Exports to Mozambique LNG Project and Support of More U.S. Jobs in Additional States 17EXIM Urges Swift Action on U.S. Transformational Exports in 5G, Energy 18US EXIM: 'We have a new mandate to take China on around the world'...
A Microfinance Institution (MFI) is an organization that provides financial services, such as small loans and savings accounts, to individuals and small businesses in developing countries to promote economic sustainability and empower local communities. ...
While the NIC Bank founded by Phillip Ndegwa, a former Governor of the Central Bank of Kenya (now deceased) with interests in shipping, real estate, insurance including farming bequeathed his family an equivalent of $84.7 million in the combined entity while another billionaire Kenyan businessman ...
Second, we have seen and heard a lot of fintech come into the space, bringing enormous value to the customer and experience. And I feel in the next phase, fintechs and banks will work closely, to reduce pain points and bring better customer experience. ...