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March 2, 2022 Africa is the Place to Invest, Visiting US Congressional Delegation Acknowledges to African Development Bank Chief

United States Congressman Gregory Meeks has warned that the United States will only be part of the future if it invests in Africa now.

January 5, 2022 Mobile Payments in Africa Continue to Grow in Popularity, Proving Importance of Local Payment Methods

The total value of mobile money transactions in emerging markets is predicted to exceed $870 billion in 2026; this growth tendency can also be seen in sub-Saharan Africa, where mobile payments are expected to grow by over 60% in the next 5 years.

December 8, 2021 Finance, Digital Economy Key to Driving Growth of ASEAN Markets: Industry Experts

Dubai, UAE –Finance and digital economy are key pillars that will drive the reform agenda of the Association of South East Asian Nations (ASEAN) and support the region’s economic growth in the coming decades, industry experts speaking at the Globa...

October 6, 2021 Hundreds of African Financial Professionals Benefit from European Investment Bank Banking and Microfinance Academy

Abidjan hosting the EIB’s first banking best-practice engagement in West and Central Africa; Central Bank governors from West and Central Africa to highlight financial challenges; 2021 SME Banking and Microfinance Academy follows EIB training more...

September 30, 2021 Vertiv Joins the Sustainable Digital Infrastructure Alliance to Help Drive a Climate-neutral Digital Economy

Vertiv, is a global a global provider of critical digital infrastructure and continuity solutions, today announced that it has become a lead sponsor of the Sustainable Digital Infrastructure Alliance (SDIA).

September 20, 2021 Young Saudi Arabia Consumers Bring Spending Back, 88% Ready to Embrace Pre-pandemic

Sitecore®, the global leader in digital experience management software, today released its Holiday Shopping Trends 2021 report exploring how consumers in Saudi Arabia intend to celebrate, indulge, and recuperate this holiday season.

August 3, 2021 Al Ain Finance Selects HID Global to Offer a Secure and Seamless Mobile and Online Banking Experience to Customers

HID Global, a worldwide leader in trusted identity solutions, today announced that Al Ain Finance has selected its cloud-based HID Authentication Service and HID Approve mobile-based authentication application to offer its customers a secure and s...

June 22, 2021 CBUAE Governor and Bank CEOs Discuss Continued Support to the UAE Economy

His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), today held a meeting with the CEOs of all banks operating in the UAE to discuss the macroeconomic environment, provide the CBUAE’s assessment of financial stabi...

June 18, 2021 Zambia: African Development Bank Approves $1.4 Million Grant to Improve Household Food Security in the Wake of Covid-19

The Board of Directors of the African Development Bank has approved a $1.4 million grant from the Global Agriculture and Food Security Program to reduce malnutrition among the Southern African nation’s most vulnerable households.

June 4, 2021 Ghana: African Development Bank Group Supports Risk-based Supervision for Capital Markets

The African Development Bank Group and the Securities and Exchange Commission (SEC) of Ghana today launched a $400,000 project to strengthen the development of Ghanaian capital markets. This follows the signing of a grant agreement to develop a ri...

June 2, 2021 Path Solutions Successfully Completes System Upgrade at KFH

Path Solutions, the global Islamic banking software company, today announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its fully automated STP Islamic Treasury solution to the new...

April 29, 2021 Bank of Abyssinia Taps Into Path Solutions to Achieve Sharia Compliance and Operational Efficiency

Path Solutions, a global provider of AAOIFI-certified software solutions and services for Islamic banks and financial institutions, today announced the signing of a new partnership agreement with Bank of Abyssinia (“BoA”), one of the leading banks...

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