Finance (Category)

African Export-Import Bank (Afreximbank) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC region.

The Government of Mozambique and the European Union signed a 4,5 year agreement worth EUR 10 million to expand climate finance in the country through the Improving Local Climate Resilience in Mozambique (MERCIM) Program, technically supported by t...

Etihad Credit Insurance (ECI), the UAE Federal export credit company, recently held its first Board of Directors meeting in 2023, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board at the company’s headquarters in...

In just four short years, the global stock market has undergone dramatic and unpredictable changes, and has experienced both highs and lows, making it difficult to predict what might be around the corner in 2023.

WeLight, a company co-owned by AXIAN Group, has secured 19 million euros ($21 million) in funding from a group of lenders including the European Investment Bank (EIB), to help 250,000 people in rural Madagascar gain first-time access to clean elec...

Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union.

Visa today announced the results of its second annual Future of Urban Mobility Survey, which uncovered a desire for change among transit users in Egypt.

If you're looking for a way to grow your money, you may wonder how and where to invest. Mutual funds can be an excellent option for investors in Dubai, as they offer opportunities for growth and diversification. In this article, we'll di...

At the eve of the 77th Session of the UN General Assembly (UNGA), Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 million) in capital commitments.

Adoption of a broader range of digital payment methods is accelerating in the UAE and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022.

Hoxton Capital Management was founded in 2018 by UK financial advisers, Chris Ball and Matt Dean, and quickly established itself as one of the fastest growing independent advisory companies.

According to the Kaspersky Digital Payment survey, 93% of respondents from the Middle East reported an increase in their use of e-wallet and mobile banking in 2021.