FNB officially launches in Tanzania

First National Bank, a division of FirstRand Bank Limited has announced the official launch of First National Bank Tanzania Limited. Since commencing their operations in July 2011, FNB's operations have performed well in Tanzania and are in line with expectations illustrating the sound investment and business opportunity provided in the country. 3 Feb 2012 07:26

Investment conference focus on development on Africa

The 6th Columbia International Investment Conference, entitled "The Resource Boom and FDI in Africa: new players, new opportunities, a new agenda for development", will take place at Columbia University, New York, from 26-27 October 2011. 26 Sep 2011 10:38

Mobile: 'world-first' virtual payment card launches in Kenya

NAIROBI, KENYA: Airtel Africa, Standard Chartered Bank and MasterCard have rolled out what is claimed to be the world's first virtual payment card on a mobile phone. 15 Sep 2011 09:37

Gulf African Bank to host Islamic Finance Conference

Gulf African Bank will host the third East and Central African Islamic Finance Conference on 28-29 March 2011 at the Crowne Plaza Hotel, Nairobi. 23 Mar 2011 10:44

New green African financing projects

Following a successful second round of fundraising for Africa's green economy, held 4 November 2010, the African Carbon Asset Development Facility (ACAD) announced seven green financing projects. It convened the African Bankers' Carbon Finance and Investment Forum in association with the UNEP Finance Initiative (UNEP FI) and the Development Bank of Southern Africa (DBSA). 5 Nov 2010 09:35

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index. 27 Oct 2010 06:22

Sustained business recovery on the cards as companies look to re-start investment

LONDON, UK: The latest Global Business Outlook Survey from KPMG International suggests that businesses are ready to begin investing again as the healthy optimism recorded earlier in the year holds firm. Overall, business optimism remains static but strong, with India and China leading the way; while UK and Spain are still less confident. 3 Aug 2010 12:20