Ecobank Nigeria LTD Selects Deutsche Bank’s Export Credit Guarantee Program for Trade Financing

Posted on by Staff Writer | 6071 Views | 7 min read

Deutsche Bank and Ecobank Nigeria LTD announced the signing of a Memorandum of Understanding (‘MOU’) to expand their trade finance relationship. Under the terms of this MOU, Deutsche Bank will provide export credit guarantee program GSM-102 to Ecobank Nigeria. The Bank’s offering of a GSM-102 program will guarantee credit to encourage financing of commercial exports

Gujarat State Government and MasterCard to Accelerate Electronic Payments

Posted on by Staff Writer | 7649 Views | 13 min read

The State Government of Gujarat and MasterCard have signed a Memorandum of Understanding (MOU) for strategic cooperation to accelerate the adoption of electronic payments processes involving government, businesses, as well as the transit and tourism industry. The MOU aims to improve access to money and create improved transparency, efficiency and speed in payments that would