New research from Crown Agents Bank has found that there is a strong appetite from UK companies to step up their presence in Africa, with 69% of those surveyed planning to expand their footprint in the continent following Brexit. The bank, which is a UK regulated provider of wholesale FX and cross-border payment services, asked
GSMA has published its annual ‘State of the Industry Report on Mobile Money’. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of registered accounts grew by 13 per cent globally in 2020 to more than
Global Banking and Finance Review is pleased to announce Dashen Bank, Moneta Technologies and CR2 (www.cr2.com) as the 2021 Global Banking & Finance Awards® winner for Best Digital Wallet Ethiopia 2021. Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in the banking and finance
RexRetail, an all-in-one solution for small and medium-sized retail shops, helps retailers automate their everyday operations Leading pan-African fintech company, Accelerex Ghana (www.GlobalAccelerex.com.gh), has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes
Practicing healthy money habits and adjusting how you do your everyday banking can go a long way in stretching your money further for your short and long-term goals. Over the years, FNB has been on a journey to help its customers to better manage their money through cost-effective financial solutions, a broad range of safer
Group CEO Commentary Ade Ayeyemi, Ecobank Group CEO, said: “2020 was a year which tested the resilience of the human spirit in rising to the many challenges as governments, businesses and households’ unrelentingly strove to keep citizens, clients and loved ones safe. I am proud of Ecobankers’ hard work and continued service to our customers
The facility will support Equity’s expansion in East and Central Africa and ensure MSMEs have access to capital to recover and thrive in a Post COVID-19 Environment The Kshs 11 Billion loan comes on the heels of an additional USD 50 Million (Kshs 5.5 Billion) Loan Facility from the African Guaranty Fund. Equity Group Holdings
The new partnership will promote social inclusion and improve economic outcomes and human development as well as contribute to the social economic transformation of Uganda The UN-Equity Bank Joint Programme on “Enhancing Social Impact through the SDGs” will focus on Financial Inclusion, Innovation and Shared Prosperity, and Institutional Partnerships, Governance and Shared Leadership. The United
Absa Group Ltd., one of Africa’s largest financial services provider, has reported a 51% decline in normalised headline earnings to R8 billion after impairments nearly trebled to R20.6 billion amid the economic downturn that was precipitated by the COVID-19 pandemic. Earnings and returns improved materially in the second half of the year as lockdown restrictions
Mastercard Virtual Prepaid Card enables immediate issuance of digital cards to enable safe and secure online payments Mastercard Contactless Tap & Go Cards allows customers to shop wherever you see the universal contactless symbol for an easier and safer checkout Ooredoo Qatar, Mastercard and QNB have announced the launch of the first-of-their-kind Ooredoo Money Virtual
