Tag: loans
Be careful whom you guarantee loans for – BoG cautions public
The Bank of Ghana is cautioning Ghanaians to be wary of guarantee loans for any and everyone without first assessing the capabilities of the...
Safaricom sued for $2.4 billion over profits from M-Pesa loans
Three persons have indicted Safaricom and Vodafone in a lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service,...
Fintech lending boosts credit access for US small businesses
The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an advantage over banks when...
Airtel Africa gets US$125 million revolving loan from CitiBank
One of Africa’s largest telcos, Airtel Group, has announced the signing of a $125 million revolving credit facility with investment banking group, Citigroup Inc, through...
Ecobank, Proparco earmark GHS50m quarterly for MSMEs in Ghana
Ecobank Ghana and Proparco, the private sector financing arm of AFD Group have signed a partnership agreement aimed at giving out up to GHS50...
Ugandan fintech startup Numida raises $2.3m seed funding
It is very rare to find fintech startups in Ghana getting funding to expand, but several of such tech startups in other parts of...