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Many African banks are upgrading FLEXCUBE solution for beter customer experience. (Image source: tippapatt/Adobe Stock)

Several of Africa’s innovative digital-first banks are turning to Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers

The MoU focuses on enabling SMEs in Africa, especially women and youth, to be active participants and beneficiaries of the AfCFTA. (Image source: ICD)

During the 33rd Ordinary Session of the Assembly of the Heads of State and Government of the African Union summit, Islamic Corporation for the Development of the Private Sector (ICD) signed an MoU with the A-eTrade Group to advance Africa’s economic transformation under Agenda 2063

Standard Chartered CEO Sanjay Rughani with Minister of Finance and Planning Hon. Phillip Mpango. (Image credit: Standard Chartered Bank)

The Government of Tanzania Ministry of Finance has signed a facility agreement with Standard Chartered Tanzania for a US$1.46 billion term loan financing to fund the construction of the Standard Gauge Railway (SGR) project from Dar es Salaam to Makutupora

The call was made at the launch of the first report on the implementation of Agenda 2063 ahead of the 33rd African Union Summit in Addis Ababa. (Image source: AfDB)

The African Development Bank (AfDB), the United Nations (UN) and the African Union (AU) have acknowledged the significant progress made in implementing Agenda 2063 and urged African countries to go further to fast-track economic transformation

Aella plans to use this funding to scale its lending operations and expand its product base into payments. (Image source: Aella)

Nigerian fintech start-up Aella has raised a US$10mn debt financing round from HQ Financial Group (HQF), Singapore-based private company specialising in new material science, semiconductor and blockchain financial investments

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