AfDB approves $10m equity investment in Financial Sector Deepening Fund

To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank has approved a US $10-million investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager.

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DIFC, Accenture sign agreement to further cement FinTech Hive globally

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a memorandum of understanding (MoU) with professional services company Accenture (NYSE: ACN) to foster innovation in the financial services industry globally.

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