Kenya, June 30 – Central banks and financial market infrastructure providers from across Africa have agreed that interoperable payment systems will be critical to boosting cross-border trade, financial inclusion and economic growth across the continent
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The ruling clears the way for South Africa’s Competition Tribunal to hear price-fixing allegations against major banks after nearly a decade of procedural litigation
NAIROBI/JOHANNESBURG, June 29 (Reuters) – African banks including Egypt’s Commercial International Bank (CIB), Nigeria’s Access Bank and South Africa’s Nedbank are seeking to expand in Kenya, but competition from the country’s entrenched domestic lenders is limiting their returns