Tag trade

Image on the left: Mr. Paul Russo, Group Managing Director of KCB; Mr. Mike Ogbalu, CEO of PAPSS; Hon. Lee Kinyanjui, Cabinet Secretary Ministry of Investments, Trade and Industry, during the KCB launch event of PAPSS in Nairobi on 27th of February. Image on the right: Mr. Mike Ogbalu, CEO of PAPSS and Dr. Diane Karusisi, CEO of Bank of Kigali, during the Bank of Kigali launch event of PAPSS in Kigali on the 26th of February

KCB Group and Bank of Kigali launch Pan-African Payment and Settlement System (PAPSS), enabling seamless and affordable cross-border payments across Africa

With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the…

Read MoreKCB Group and Bank of Kigali launch Pan-African Payment and Settlement System (PAPSS), enabling seamless and affordable cross-border payments across Africa
Abraham Byanyima, TDB Group Executive, Treasury Department. PHOTO: TDB Group (https://www.tdbgroup.org/our-leadership-2/)

TDB Group Secures GCF Accreditation to Unlock Private Capital for Climate Action in East and Southern Africa

The Trade and Development Bank Group (TDB Group) has achieved a significant milestone by securing accreditation from the Green Climate Fund (GCF), positioning itself as a key financial catalyst for climate action in East and Southern Africa. This accreditation paves…

Read MoreTDB Group Secures GCF Accreditation to Unlock Private Capital for Climate Action in East and Southern Africa
African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

African Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement…

Read MoreAfrican Development Bank and Standard Bank Unite to Support Small, Medium, and Micro Enterprises (SMMEs) and Boost Trade

African ministers hold strategic dialogue on visa-free movement to propel regional integration agenda for Africa’s Transformation

The presentation reported that 39 African countries have improved their scores since 2016, indicating that visa openness across Africa is at its highest level since the inception of the index On the sidelines of the 38th African Union Summit, African…

Read MoreAfrican ministers hold strategic dialogue on visa-free movement to propel regional integration agenda for Africa’s Transformation

MTN Group Fintech’s Partnership with Mastercard gains further momentum, MTN MoMo, MTN Uganda and Mastercard Launch ‘Market by MoMo’ E-commerce Platform to Boost Digital Trade

As part of its commitment to leading digital solutions for Uganda’s progress, MTN Group Fincommerce, a subsidiary of MTN Fintech Group in partnership with MTN MoMo Uganda and collaborating with Mastercard, has officially launched its new e-commerce platform, Market by…

Read MoreMTN Group Fintech’s Partnership with Mastercard gains further momentum, MTN MoMo, MTN Uganda and Mastercard Launch ‘Market by MoMo’ E-commerce Platform to Boost Digital Trade

UIA, American Chamber of Commerce partner to increase American investment in Uganda

The Uganda Investment Authority (UIA) and the American Chamber of Commerce Uganda (AmCham) have today signed a Memorandum of Understanding (MoU) to promote and facilitate American investment in Uganda. The agreement aims at creating a favorable climate for economic activity…

Read MoreUIA, American Chamber of Commerce partner to increase American investment in Uganda

Patrick Bitature appointed new Board Chairman of Bolloré Transport and Logistics company

Yesterday, 14th October 2021, One of Uganda’s most prominent businessmen, Patrick Bitature, was appointed Board Chairman of Bolloré Transport and Logistics company, a subsidiary of Bolloré  International which operates across 109 countries globally. “It is with my country’s need in mind…

Read MorePatrick Bitature appointed new Board Chairman of Bolloré Transport and Logistics company