Experts from the Economic Commission for Africa’s (ECA), African Trade Policy Centre (ATPC) met in Libreville, Gabon to review the guidelines for preparing national AfCFTA implementation strategies
Finance
Standard Bank builds international payments blockchain
Standard Bank’s hyperledger fabric-hosted foreign exchange payments and settlement system is expected to go live in the first half of 2019, aiming to significantly increase the international trades and speed up foreign exchange payments, according to Richard de Roos, head of foreign exchange for Standard Bank Group
German delegation visits Namibia, focus on major sectors
Five members of the Budgetary Committee of the German Federal Parliament visited Namibia from 24-26 February 2019, focusing on forest protection, sustainable forest management, bioeconomy and private sector entrepreneurship
Al Rajhi Bank selects Temenos to bolster lending system
Al Rajhi Bank, one of the leading banks in Saudi Arabia, has selected Temenos to power its digital transformation journey and enhance its Islamic lending and financing product capabilities
‘AfDB initiates transformative projects for Africa’s development’
Governors representing the African Development Bank (AfDB) West Africa region held consultative meetings with Akinwumi Adesina, President of AfDB, and senior management, to discuss the bank’s accelerated engagement in the region