EIB and TDB to provide $400m to African SMEs

The new credit line is expected to provide working capital, supply chain finance, and investment loans to microenterprises, SMEs and midcap companies across the region served by TDB, including by supporting financing through local financial intermediaries


SIB Mansa-X fund assets surge to Sh12 billion

The Capital Markets Authority-regulated fund has attributed the growth in assets to increased participation among local investors along with the double-digit returns.


Standard Bank in Talks with ICBC About Exiting Joint Venture

The combination sought to serve the growing demands of Chinese clients for global commodities, fixed income and other products, though also has some exposure to Russia -- currently a financial pariah after the invasion of Ukraine.