Absa announced the launch of a partnership with Daily Maverick to make the risks of the global climate crisis a bigger focus of everyday life – with practical approaches on how to address them. Spurred by the threat of Day Zero – when it was forecast Cape Town would run out of potable water – Daily Maverick decided to
This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, is pleased to announce that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a
By Andy Jury, CEO of Mukuru There’s no shortage of articles espousing the virtues of fintech’s potential to financially include hundreds of millions of people who are outside the mainstream. Despite this, one could argue that change is not happening fast enough. Change requires momentum and momentum can only be achieved when more companies commit
Airtel Uganda, the Smartphone Network with the most affordable and reliable mobile financials services has been recognized and awarded for its continuous innovation under the Airtel Money services that has accelerated financial inclusion in Uganda. Airtel Uganda scooped the 2021 FinTech Innovation Award at the prestigious 18th Annual East Africa Com Virtual Awards, 2021 Awards
Ghana’s first indigenous Bank, GCB Bank has further reduced its interest rates on personal loans to 23 per cent per annum in line with measures to mitigate the impact of Covid-19 on clients. As part of the measures, the Bank has also granted a two-month moratorium on both principal and interest repayment and increased loan
REGISTER HERE In the last 12 months, there has been a radical shift in the payments behavior of African consumers. The McKinsey Financial Insights Pulse Survey conducted in October 2020 found that most consumers expect to increase their use of digital and mobile banking services after the crisis. Prepaid represents one of the fastest-growing segments
Trade Conferences International (TCI) is hosting its 6th annual Anti-Money Laundering and Financial Crime Southern Africa Conference on 4 & 5 August 2021, at Indaba Hotel, Fourways. The event is set out to create a platform for banks, insurance companies, service providers and government personnel to share their knowledge and experiences on financial crime; build
The GCB Bank Limited has commended GOIL Company Limited for its strategic drive towards maintaining its leadership in the downstream petroleum sector. Mr Kofi Adomakoh, Managing Director of GCB Bank explained that GOIL and GCB are fraternal as they both operate as the indigenous backbone of the country in the banking and petroleum sector respectively.
Global cashless payment volumes are set to almost double from 2020 to 2025, from about 1trillion transactions to about 1.9trillion. By 2030, the number of cashless transactions per capita will be roughly double to triple the current level. Asia-Pacific will grow fastest, with cashless transaction volume growing by 109% from 2020 to 2025 and then
Given the slow pace of economic growth and a challenging operating environment due to the Covid-19 pandemic, FNB is keeping monthly account fees unchanged for business customers across the board for the third year running. Several electronic transactions have been made free or reduced given the increased move to digital banking channels and efficiencies the
