Business

Shelter Afrique Development Bank Assigned A+ in Latest Ratings by Agusto

Shelter Afrique Development Bank Assigned A+ in Latest Ratings by Agusto

Nigeria’s first Credit Rating Agency Agusto & Co. Limited has assigned ‘A(ken)’ and ‘A+(ngr)’ ratings to Shelter Afrique Development Bank,…
Inside Equity Bank’s Ksh. 700 billion Africa Recovery and Resilience Plan

Inside Equity Bank’s Ksh. 700 billion Africa Recovery and Resilience Plan

Equity Group is developing what it is referring to as the African recovery and resiliency plan and is launching a…
Global 2023 Sustainable Bond Issuance to Hit $950BN despite Q3 decline

Global 2023 Sustainable Bond Issuance to Hit $950BN despite Q3 decline

Issuance volumes of Green, Social, Sustainability and Sustainability-linked (GSSS) bonds pulled back sharply in Q3 2023, falling 26% year-over-year to…
MFS Africa Rebrands to Onafriq After Recent Acquisitions

MFS Africa Rebrands to Onafriq After Recent Acquisitions

The largest digital payments network in Africa, MFS Africa, has changed its name to Onafriq to better reflect the company’s…
Why Uganda is Walking Away from Kenya over Fuel Storage Reliance

Why Uganda is Walking Away from Kenya over Fuel Storage Reliance

Kenya has lost the Ugandan market over the storage of petroleum products due to its oil deal with the United…
Family Bank Bags Best Internal Customer Experience Award

Family Bank Bags Best Internal Customer Experience Award

Family Bank has been recognized and awarded as the Best in Internal Customer Experience at the 2023 Service Excellence Awards…
Communication Sector Sees Kenyan Stock Market Down 4.3%

Communication Sector Sees Kenyan Stock Market Down 4.3%

Over the last seven days, the market has dropped 4.3%, driven by a loss of 8.0% in the Communication Services…
Air France Marks 90-yrs in Market With New Commitment to Clients

Air France Marks 90-yrs in Market With New Commitment to Clients

French carrier, Air France marked 90 years on October 30, 2023 since it began its operation across the globe in…
Why Insurance Penetration in Kenya is Still Low

Why Insurance Penetration in Kenya is Still Low

The rate of Insurance penetration in Kenya has remained historically low compared to other major economies, with the insurance penetration…
Shelter Afrique Extends $12M Loan to Vista Bank Guinee SA

Shelter Afrique Extends $12M Loan to Vista Bank Guinee SA

Shelter Afrique Development Bank (ShafDB) Board has approved $12 million housing loan to Conakry-based Vista Bank Guinee SA. Vista Bank…
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