Has Africa Been Left Behind by Formal Financial Services?

Has Africa been left behind by formal retail financial services? This is the question posed by the African Financial Retail Readiness Index (AFRRI). The first annual AFRRI report looks at Read More →

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey

Ringier Africa Deals Group, a newly-founded joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings (Pty) Ltd, announces it has acquired one of Nigeria’s biggest Read More →

Orange and Ecobank Launch a Bank-to-wallet Money Transfer Service Linked to Orange Money

Customers can use their mobile phones to securely transfer money between accounts at any time, without the need to go to a distribution point or to have any physical cash. Read More →

UBA appoints Kennedy Uzoka as Group Managing Director

The Council Group approved the appointment of Kennedy Uzoka as new Group CEO, effective from 1 st August 2016 , subject to the approval of the Central Bank of Nigeria. Kennedy Phillips Read More →

The Mobile Internet is Rapidly Transforming the Way That Nigeria Does Business

With sub-US$50 smartphones on the way, rapid improvements to telecom infrastructure, and the availability of affordable cloud applications, the mobile Internet is rapidly transforming the way that Nigeria does business. It Read More →

Nigeria’s Unity Bank Launches Online Banking

Fiserv, Inc., a leading global provider of financial services technology solutions, announced that Unity Bank Plc, located in Nigeria, has successfully implemented Corillian Online from Fiserv to deliver a new Read More →

MTN Nigeria Rolls Out Mobile Connect Authentication Service

Gemalto, a global provider of digital security, has been selected to provide its LinqUs Mobile ID platform to MTN Nigeria. This new project, operated for MTN in SaaS mode by Gemalto Allynis Read More →

Jumia to Provide Insurance Products and Services to African Customers

Africa Internet Group (“AIG”), a leading e-commerce group in Africa, and AXA , a worldwide leader in insurance and asset management, announced a partnership whereby AXA will become the exclusive provider Read More →

GTBank Listed Among the Top 500 Global Banking Brands

Foremost African financial institution, Guaranty Trust Bank plc, has been listed among the top 500 global banking brands in a study conducted by Brand Finance, one of the world’s leading Read More →

Stellar, Oradian Unleash Low-Cost Money Transfer for Rural Nigerians

The rural Nigerians gain access to something previously out of reach: affordable direct payments. Until now, sending money home often involved delivering cash by hand or trusting a traveller or Read More →
Email Subscription

Subscribe via email!

Receive Regular news of the latest in payments straight to your inbox.

news for payment professionals