CBC charting an integrated digital common payment policy for MSMEs within COMESA

CBC charting an integrated digital common payment policy for MSMEs within COMESA

COMESA Business Council Chairman Marday Venkatasamy. PHOTO | COURTESY Highlight: Intra-COMESA trade, 2019 USD22.1 billion – Total intra- COMESA trade. USD10.9 billion – Total intra- COMESA exports. USD11.2 billion – Total intra- COMESA imports. On 20th and 21st January 2021, Kigali will host a high-level public-private dialogue on the development of a low value retail […]

Kenya Airways, Air France KLM, to end Africa-Europe strategic partnership

Kenya Airways and Air France KLM Group have agreed to mutually terminate their Africa-Europe joint venture partnership from 1 September, 2021, the airlines said in Nairobi on Monday. The airlines had previously suspended the Joint Venture cooperation for the calendar year 2020 mainly due to the coronavirus (COVID-19) pandemic and subsequent unpredictability of return to […]

Equity Bank close to reaching $50mln loan guarantee deal with Dutch FMO to support Kenyan SMEs

Equity Bank close to reaching $50mln loan guarantee deal with Dutch FMO to support Kenyan SMEs

(Ecofin Agency) – Equity Bank Kenya will obtain a loan portfolio guarantee of $50 million from the Dutch Development Finance Fund (FMO) to support SMEs in Kenya. This risk-sharing facility will be provided under the Nasira program, launched by the Dutch agency with the support of the European Union. Commenting on the deal, Linda Broekhuizen, […]