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A service for banking industry professionals · Monday, November 25, 2024 · 763,475,416 Articles · 3+ Million Readers
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West Africa Microfinance Industry Newswire

  • Published on Nov 22, 2024

    COP29: Benin launches climate action plan to unlock investment

    Benin has launched a climate action framework to accelerate the country’s green transition and support sustainable development. The initiative was announced by the Government of Benin at the United Nations Climate Conference (COP29) currently underway in …

    Source: ESI Africa - Neutral
  • Published on Nov 21, 2024

    BoI @65, Perfects €2bn Fundraising To Meet Growing Demand Of SMEs Financing In Nigeria

    ….Approves ₦50bn Re-Capitalisation Of LECON Financial Services. The Managing Director/ Chief Executive Officer (CEO) of Bank of industry (BoI) Dr. Olasupo Olusi, has stated that the bank has raised the sum of €2bn to enable it meet the growing demand …

    Source: Independent - Label Pending
  • Published on Nov 23, 2024

    Gambari, others inducted into Realnews Hall of Fame

    Five distinguished guests, including Nigeria’s former Permanent Representative to the United Nations, Prof. Ibrahim Agboola Gambari, were on November 19, 2024 inducted into the prestigious Realnews Hall of Fame during the 12th anniversary lecture of …

    Source: Eagle Online - Neutral
  • Published on Nov 23, 2024

    Moniepoint bags CBN financial inclusion award, others

    In a move that signposts its market leadership, a fast-growing financial institution, Moniepoint has been recognised as the Financially Inclusive Fintech of the Year at the Second International Financial Inclusion Conference (IFIC). This prestigious event …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 23, 2024

    USAID Announcements at COP29

    Early Warnings for All At COP27, in November 2022, USAID announced $33 million to provide communities at risk of natural disasters with access to effective early warning systems. At COP29, USAID announced it has provided an additional $50 million over the …

    Source: US Agency for International Development (USAID) - Washington D.C. - Gov't Institution
  • Published on Nov 22, 2024

    BOI secures €2bn to support development projects, others

    The Bank of Industry has successfully raised a substantial new funding package worth €2bn through global loan syndication, to improve its financial capacity and support a wide range of development initiatives. The initiatives include infrastructure …

    Source: Punch - Uncategorized
  • Published on Nov 21, 2024

    Sanwo-Olu Presents ₦3trn 2025 Budget To Lagos Assembly

      Governor Babajide Sanwo-Olu of Lagos has presented the sum of ₦3.005 trillion before the state House of Assembly as a proposed budget for the year 2025. Briefing the lawmakers on Thursday in Alausa, Sanwo-Olu emphasised the budget’s focus on …

    Source: Channels TV - Neutral
  • Published on Nov 22, 2024

    BOI secures €2 billion funding to support MSMEs growth

    The Bank of Industry (BOI) has secured a €2 billion funding package through global loan syndication to boost its financial capacity and support various development initiatives. This includes infrastructure projects, small and medium-sized enterprise growth …

    Source: Premium Times - Neutral
  • Published on Nov 22, 2024

    Harnessing financial inclusion for economic growth

    The International Financial Inclusion Conference (IFIC) 2024 took place on November 12–13 in Lagos, Nigeria, assembling global stakeholders to delve into the transformative potential of financial inclusion. Focusing on the theme “Inclusive Growth: …

    Source: Daily Trust - Label Pending
  • Published on Nov 22, 2024

    G20 Leaders Reaffirm Commitment To SDGs, Inclusive Growth

    Friday, 22 November 2024, 7:38 pm Press Release: IISD The 22-page outcome document is guided by the Brazilian G20 Presidency’s priorities of: social inclusion and the fight against hunger and poverty; sustainable development, energy transitions, and …

    Source: Scoop - Uncategorized
  • Published on Nov 22, 2024

    Rwanda Maintains Strong Economic Outlook Despite Effects Of Global Shocks

    1 Central Bank Governor John Rwangombwa briefs the media on the latest decisions from the Monetary Policy Committee meeting and outcomes of the Financial Stability Committee meeting on November 21. /Courtesy Photo. Strong growth, inflation within the …

    Source: KT Press Rwanda - Gov't Propaganda
  • Published on Nov 22, 2024

    BOI reiterates commitment to industrialisation

    The Bank of Industry (BOI) has reaffirmed its commitment to driving sustainable industrialisation and working closely with government agencies to advocate for policies that foster a supportive business environment, particularly for MSMEs and start-ups, …

    Source: Daily Trust - Label Pending
  • Published on Nov 21, 2024

    We’ll create jobs for Ibarapa youths through Agribusiness — Makinde

    Oyo governor, Engr. Seyi Makinde has assured that thousands of jobs would be created through Agribusiness for Ibarapa youths. This is as he assured speedy completion of the ongoing Ido-Eruwa road. Makinde disclosed this at the ground-breaking ceremony of …

    Source: Tribune Online - Center-right
  • Published on Nov 21, 2024

    Agribusiness to create jobs for youths, says Makinde

    Governor Seyi Makinde of Oyo State, on Thursday, performed the ground-breaking ceremony for the upgrade of moribund 3,250 hectares of Eruwa Farm Settlement to an Agribusiness Industrial Hub. Makinde said that the project, once completed, would put …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 21, 2024

     Doing Business The Yunus Mohammed Way 

     SIAKA MOMOH  Microfinance banking icon and Nobel Laureate, Yunus Mohammad in one of his trips to Nigeria some time ago, while speaking to a gathering of business chieftains gathered at the Muson centre Shell Hall, called on them to embrace social business …

    Source: Independent - Label Pending
  • Published on Nov 20, 2024

    PayPal expands stablecoin; Barclays pivots from merchant acquiring

    PayPal, which has been trying to build scale for its stablecoin for more than a year, this week enabled remittance partners to use PYUSD to settle international transactions in emerging markets that are made via the Xoom P2P payments app. Cebuana Lhuillier …

    Source: American Banker - New York - Neutral
  • Published on Nov 20, 2024

    Fintechs tasked on adaptive growth strategies for expansion

    Financial technology (fintech) firms have been asked to explore adaptive growth strategies for more development. This was the main discussion when Kora, a pan-African business payments infrastructure, hosted its inaugural Sundown Session, in Lagos.    The …

    Source: The Guardian (Nigeria) - Uncategorized
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