DRC pays a total of US$4,203,706.01 to clear its capital arrears due to Shelter Afrique

The government of the Democratic Republic of Congo (DRC) has cleared its capital arrears in Shelter Afrique after paying the outstanding amount of USD1,703,826.79, the pan-African housing development financier has disclosed. The move now takes DRC’s shareholding in the Company … Continue reading DRC pays a total of US$4,203,706.01 to clear its capital arrears due to Shelter Afrique

Absa Bank Kenya partners with GIZ to train 1,500 women entrepreneurs

Absa Bank Kenya, in collaboration with the German Development Cooperation have launched a KES 50 Million program aimed at increasing growth and competitiveness of 1,500 women-owned Micro, Small and Medium Businesses impacted by the Covid-19 economic situation, through blended finance … Continue reading Absa Bank Kenya partners with GIZ to train 1,500 women entrepreneurs

Standard Chartered introduces new branch model design – co shared space with ArtCaffe

Standard Chartered Bank, has today launched its first co-shared space with ArtCaffe. The Co-Shared space at Britam Centre, Upper Hill will provide a 24×7 service that include Mobile Express Banking, State-of-art ATMs, phone banking services, electronic cheque andcash deposit all … Continue reading Standard Chartered introduces new branch model design – co shared space with ArtCaffe

MTN Uganda receives consent from CMA Kenya to market its IPO to Kenyan Investors

Kenya’s Capital Markets Authority (CMAK) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be marketed in Kenya, allowing the marketing of the shares to both Professional Investors and Retail Investors following the opening of … Continue reading MTN Uganda receives consent from CMA Kenya to market its IPO to Kenyan Investors

Shelter Afrique and Government of Cameroon to Establish a Housing Company

Shelter Afrique Board has approved the establishment ofa construction company in Cameroon at an estimated cost of USD15 million. The Industrial Housing Corporation (IHC) is a joint venture initiative which will be managed under a Special Purpose Vehicle (SPV), with Shelter … Continue reading Shelter Afrique and Government of Cameroon to Establish a Housing Company