Tag: loans
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Bolt Partners with Fido Credit to Offer Loans to Drivers in Ghana
Ghana’s leading ride-hailing platform, Bolt, has partnered with Fido Credit, a digital finance provider offering fast and convenient short-term loans, to deliver accessible and...
Emigration of Public Sector Workers Spurs Surge in Non-Performing Loans in Ghana – GHASALC
The Ghana Association of Savings and Loans Companies (GHASALC) has identified the emigration of health workers and other public sector employees as a significant...
CBG Grants GH₵1.6 billion Loans to 5,600 SMEs
Consolidated Bank Ghana Ltd (CBG) has advanced GH₵1.6 billion in loans to over 5,600 businesses since inception five years ago.
In the corporate and institutional...
China’s 16 new loans totaling US$2.22 billion to Africa in 2021/2022
A new update to the Chinese Loans to Africa (CLA) Database, managed by the Boston University Global Development Policy Center, estimates that from 2000-2022,...
Safaricom sued for US$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,...
