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Cameroon’s SMEs Benefit from Lower Loan Rates Amid Rising Costs for Others

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

Cameroon’s SMEs have experienced a decline in loan rates, with average rates dropping to 8.98%. This is contrasted by rising rates for individual borrowers and other businesses. The relaxation of …

Technology

Advancing Biodiversity Finance Initiatives in Colombia

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

Colombia, rich in biodiversity, has expanded its climate finance from primarily reducing greenhouse gases to include biodiversity financing. The government, with support from the World Bank Group, has developed regulations …

Politics

Digitizing One Million Ethiopian Farmers: IFC and Kifiya Join Forces

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

The IFC and Kifiya have partnered to provide digital financial services to one million Ethiopian farmers. With a budget of $900,000, the initiative aims to enhance financial access and digital …

Companies / Politics

FirstBank Named Best SME Bank in Nigeria and Africa at 2025 Asian Banker Awards

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

First Bank of Nigeria Limited has earned the Best SME Bank titles for Nigeria and Africa at the 2025 Asian Banker Awards, demonstrating its leadership in SME banking for the …

Companies

MUFG Bank’s €400 Million Loan to Côte d’Ivoire: A Strategic Investment

March 12, 2025March 12, 2025 - by Sofia Nawab - Leave a Comment

Japan’s MUFG Bank is lending €400 million to Côte d’Ivoire to support infrastructure and economic development, reflecting its commitment to enhancing financial cooperation in Africa. Japan’s MUFG Bank is extending …

Companies

Salmon Partners with PSA to Enhance Accessibility of Financial Services

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Salmon is partnering with the PSA to integrate the National ID eVerify system, aiming to simplify identity verification and enhance financial accessibility for Filipinos, particularly in remote areas. This initiative …

Business / Technology

GITEX Africa 2025: A Premier Event for Tech Innovation and Collaboration

February 28, 2025February 28, 2025 - by Marcus Chen - Leave a Comment

GITEX Africa will take place in Marrakech from April 14-16, 2025, focusing on technology and entrepreneurship. The event will feature important discussions, exhibitions, and forums covering key sectors like AI, …