Pan-African bank Ecobank Transnational Incorporated (ETI) has set-up its first branch in Ethiopias capital city Addis Ababa
Commerce
Standard Bank and ICBC fund Kenya power project
Standard Bank Group and the Industrial and Commercial Bank of China (IBC) has set-up a US$108mn debt financing package in partnership with Triumph Kenya to create a 83MW heavy fuel oil plant in the country
IBM head promises further support to Nigerian ICT sector
IBM has announced it will continue to support innovation centres and fund major ICT research projects in Nigeria as part of its efforts to back the West African countrys bid to become a major ICT hub
Econet Wireless Zimbabwe launches Steward Bank
Econet Wireless Zimbabwe has a launched a new bank following its acquisition of TN Bank in January 2013, according to TN Bank CEO Kwanele Ngwenya
EcoCash undergoes major expansion in Zimbabwe
Econet Wireless has announced the multi-million dollar expansion of its mobile money service, EcoCash