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Finance

Bitcoin Economy Boosting Entrepreneurship in Africa, Experts Say

By Footprint to AfricaOctober 9, 2019

Blockchain technology and the role of entrepreneurship in driving Africa’s prosperity in the Fourth Industrial Revolution (4IR), were some of the key topics taking centre stage…

Finance

Mobile Money Transactions in Kenya Grow by 10% in 8 months

By Footprint to AfricaOctober 8, 2019

Kenya recored Sh2.87 trillion worth of mobile money transactions in the first eight months of the year, representing a 10.3 percent rise over 2018 transactions worth…

Finance

Nigeria Seeks Increased Forex Earnings via Commodities Exchange

By Footprint to AfricaOctober 7, 2019

The Federal Government has identified the need to increase foreign exchange earnings and government revenue through the development of a vibrant commodities exchange trading ecosystem. The…

Finance

Countries that Offer More Loans to Women to Benefit More from AfDB Financing

By Footprint to AfricaOctober 4, 2019

The President, African Development Bank, Akinwumi Adesina, has said African countries that give women a priority in loan disbursement will benefit more from its financing. Adesina…

Finance

Paris-Based Startup, FairMoney Raises 10m Euros to Help Reshape Mobile Banking in Nigeria and Beyond

By Footprint to AfricaSeptember 18, 2019

Paris-based financial tech (fintech) startup, FairMoney has closed a 10 million-euro Series A round of investment. The round was led by Flourish, a venture of The…

Finance

AFC Closes Japanese Loan Deal as Group Moves Towards Building a Broad Coalition of International Investors

By Footprint to AfricaSeptember 18, 2019

The Africa Finance Corporation (AFC), Africa’s leading investment-grade infrastructure solutions provider, has announced the successful closure of a deal that raised $233 million and JPY 1…

Finance

AFC Welcomes Madagascar as its 22nd Member State

By Footprint to AfricaSeptember 4, 2019

The Republic of Madagascar has officially become the twenty-second (22nd) member state of the Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa. The…

Finance

New System Helps Kenya Revenue Authority Boost its Tax Revenue Performance for July 2019

By Footprint to AfricaSeptember 2, 2019

The Kenya Revenue Authority (KRA), an agency of the government of Kenya responsible for the assessment, collection and accounting for all revenues that are due to…

Finance

Sanlam Kenya Group Chief Financial Officer Kevin Mworia, Group CEO Patrick Tumbo and Acting Sanlam General Insurance CEO Caroline Laichena

Financial Services Firm, Sanlam Kenya Posts $6m Profit Following Massive Losses in 2018

By Footprint to AfricaSeptember 2, 2019

Financial services firm, Sanlam Kenya has confirmed the viability of its ongoing turnaround strategy after bouncing back to profitability following heavy losses in 2018. The firm,…

Finance

Tunisia Secures $335m Financial Aid from the U.S.

By Footprint to AfricaAugust 29, 2019

The United States has agreed to give Tunisia financial aid worth $335 million over five years to support its democratic transition, the Tunisian Development and International…

Browsing: Finance

Three Major Reasons Why Africa is Underdeveloped – Osita Oparaugo

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