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Silvertree Capital Invests in Nigerian E-Commerce Retail Companies

Cape Town based Silvertree Capital an Africa-focused business builder and venture capital investor, has recently invested in two of Nigeria’s largest e-commerce sites, Sunglasses.com.ng and Glamour.com.ng. Both of these leading e-commerce Read More →

ABSA Unveils ‘Futuristic Branch’

Imagine a branch where long queues are a thing of the past, even during traditionally busy periods, where innovation not only drives convenience, but also has tremendous environmental benefits; and Read More →

Cashless Nigeria – Successes and Setbacks

‘Cashless Nigeria’ is a project that was launched by the Central Bank of Nigeria last year in an effort to promote alternative payment methods in Nigeria and reduce the levels Read More →

FNB Zambia to open three new branches across Zambia in 2013

First National Bank will open five new branches this year including in Chipata, Solwezi and Chingola as it continues to extend its services in to the unbanked population. And FNB Read More →

FNB Lesotho Appoints New CEO

The FNB Lesotho Board of Directors announced the appointment of Emil Heppell to the position of Chief Executive Officer of FNB Lesotho. Heppell succeeds Trevor Holtman who left the bank at Read More →

MasterCard Launches Training Centre To Enhance Payments Industry Skills Development in Kenya

MasterCard announced the launch of a brand new training facility in Kenya to empower the financial services ecosystem with knowledge on various aspects of cashless payments in order to boost Read More →

South Africa Selects Gemalto for its National Electronic Identity Card Program

Gemalto will supply the Government Printing Works (GPW) of South Africa with Sealys eID cards for their national identity card program. GPW will harness Gemalto’s secure embedded software to protect Read More →

Diamond Bank launches Branchless Banking on BankOne

Nigerian banking behemoth Diamond Bank has intensified its focus on delivering financial services to the under-banked in the informal sector by launching its "branchless banking" service on BankOne, a mobile Read More →

Interswitch Creates Holding Company and Spins Off Two Core Divisions

Interswitch Transnational Holdings, a pan-African integrated payment processing and transaction switching company, announces the spin-off, of two of its core divisions: Verve International  and Switching and Processing, as separate, autonomous Read More →

Absa Pilots Mobile Point-of-Sale Innovation

Barclays subsidiary, Absa has announced that its Payment Pebble, a mobile point-of-sale (MPOS) innovation, which aims to fundamentally transform the payment acceptance industry, is gearing up to enter its pilot Read More →
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