United Bank for Africa (UBA) Plc, the leading pan-African banking group and MasterCard, a global payments technology company have announced a partnership which will see UBA act as the issuer for MasterCard in 18 new markets in Africa.
Tag: Republic of Congo
New IFC and Ecobank Facility to Finance SMEs in Africa
IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and leading pan-African full-service banking group, today announced the launch of a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises (SMEs) in fragile and conflict-affected states in West and […]
Oil Production Recovery Set To Trigger Rapid Growth In Congo
THE Republic of Congo’s (Ba3 stable) oil sector is set to recover strongly from 2015 onwards, which could boost the country’s economic growth by 7.5% over the next few years and support the country’s rating, says Moody’s Investors Service in its annual Credit Analysis report published today. However, the rating agency notes that Congo’s small […]