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Bank & Finance

Mar 12, 2015
with agency report With online retailers Jumia and Konga making considerable inroads in Africa's largest economy and with the exponential growth of other online transactions, PayPal has revealed that Nigeria…
Mar 09, 2015
Pan-African financial institution Ecobank has underwritten nearly 40 percent of the $20 million Bindura Nickel Corporation bond whose proceeds would finance the restart of the company’s smelter, Mwana Africa chief…
Mar 04, 2015
Americans may just be getting used to mobile pay, but consumers in many African countries have been paying with their phones for years. Now payment processors Visa and MasterCard want…
Mar 03, 2015
Pic Credit: Bloomberg/Chris Ratcliffe BARCLAYS Africa Group on Tuesday reported a 6% increase in full-year revenue to R63.2bn for the year ended December 2014 as a number of its key…
Mar 02, 2015
New mobile payment platforms can provide a foundation for financial inclusion in South Africa and beyond, says David Abbott of Fiserv, a leading global provider of financial services technology solutions.…
Feb 27, 2015
The Group Managing Director of Ecobank Group, Mr Albert Essien, on Wednesday urged investors to be prepared to engage with African countries on a long-term basis and avoid abrupt changes…
Feb 20, 2015
If when you say internet, you think of a computer, then you probably don't live in an African country. The continent has some of the lowest fixed-broadband subscription rates in…
Feb 18, 2015
BANK OF AFRICA - GHANA as part of its activities to mark this year’s Valentine’s and Chocolate Day celebration, appreciated its valued customers and patrons of its banking halls with…
Feb 17, 2015
The Technical Review Committee of the Africa Trade Fund (AfTra) at its meeting on February 13, 2015 in Abidjan, approved funding worth more than US $1.4 million for four projects…
Feb 15, 2015
Mobile money providers will earn an estimated USD 1.5 billion in fees from such things as bill payments and sending money to relatives in sub-Saharan Africa by 2019, according to…
Feb 11, 2015
The European Investment Bank (EIB) and the Eastern and Southern African Trade and Development Bank, or the PTA Bank on Tuesday launched a 160 million-euro lending program to support investment…
Feb 10, 2015
While most regions in Africa are recording significant uptake of mobile money, the West African region is lagging behind, according to a new report. East Africa in particular has recorded…
Feb 05, 2015
 MoneyGram (NASDAQ: MGI), a leading global money transfer company, announces today that its agent network in Africa has now reached 25,000 locations, following a strategic expansion initiative across the continent.…
Feb 03, 2015
QNB has been confirmed as the most valuable banking brand in the Middle East and Africa, according to the annual survey carried out by Brand Finance and published by The…
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