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African Development Bank Group, MTN sign $500,000 grant agreement to study women’s access to financial services
African Development Bank signs a $500,000 grant agreement with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to research into economic, religious, and social factors that hamper access to finance for women in the region. The insights into women’s use of digital financial services will be funded through the Africa Digital Financial Inclusion Facility (ADFI).
Read the original article here: https://www.africanews.com/2021/10/20/nigeria-african-development-bank-group-mtn-sign-500-000-grant-agreement-to-study-women-s-access-to-financial-services/
Greenbelt Authority partners Zimbabwean firm for investment in commercial irrigation in Malawi
GBA, a Government of Malawi corporation and Maka Resources from Zimbabwe signs a memorandum of understanding (MoU), to implement large-scale commercial irrigation in Malawi. The two firms will work on scheme preparation, irrigation project implementation and establishment of agro-processing facilities.
Read the original article here: https://allafrica.com/stories/202110210103.html
Consortium of banks acquire CIBC First Caribbean banks
A consortium of major banks in the Eastern Caribbean Monetary Union reaches a definitive agreement to acquire the banking activities of CIBC First Caribbean banks in Dominica, Grenada, Saint Kitts and Nevis and Saint Vincent and the Grenadines. Until further regulatory approvals, the operations of all institutions will continue as before.
Read the original article here: https://writeups24.com/consortium-of-banks-acquire-cibc-first-caribbean-banks/
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