Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on performance in the index, 19
Standard Bank’s BCC division driving Africa’s growth one small business at a time Standard Bank’s recently established Business & Commercial Clients (BCC) division is deliberately focused on building a capability ecosystem to support small traders, agribusinesses, emerging manufacturers and entrepreneurs to grow into formal enterprises – or even become national corporates or cross-border multinationals. In
Standard Bank Group has been recognised once again for its accomplishments over the past year. This time round, the bank has secured prestigious country awards in South Africa, Lesotho, Zambia, Zimbabwe and Angola in the Bank of the Year awards for 2019. Regarded as the industry standard for banking excellence, The Banker’s (part of the
Standard Bank Group has been recognised once again for its accomplishments over the past year. This time round, the bank has secured prestigious country awards in South Africa, Lesotho, Zambia, Zimbabwe and Angola in the Bank of the Year awards for 2019. Regarded as the industry standard for banking excellence, The Banker’s (part of the
Standard Bank Group, Africa’s largest bank by assets, has received a number of industry awards from Global Finance, presented on the side-lines of the annual 2019 SIBOS conference held in London. “We are pleased to have received these awards which serve as recognition of our Africa-focused strategy, and bear testament to our role in continuing
MasterCard and Banco Sol have partnered to introduce a dynamic suite of payment solutions to the citizens of Angola, which will help modernize and diversify one of Africa’s fastest growing economies. The partnership will help develop a more robust payments industry and offer the country core solutions which will help drive financial inclusion and increased
The Angolan Vice-President, Manuel Vicente, stated in the African Caucus forum that there is no sustainable development while there is poverty. In his opening speech Manuel Vicente, representing the President of Angola, José Eduardo dos Santos, in the meeting of the Ministers of Finance and Governors of the African Central Banks, together with the World
Angolan Investment Bank (BAI) has launched e-Kwanza a mobile money service that allows users to make transfers and payments for goods and services across the country. In a statement the bank said the service allows its individual customers to transfer money to family and friends anywhere in the country and make payments easily, quickly and
Ecobank, the Pan-African Bank, has won the award for ‘Best Use of Information Technology in Wholesale/Transaction Banking’ at the Banking Technology Awards 2014 in London. Ecobank was recognised for Ecobank Omni, a comprehensive suite of flexible online cash management solutions, designed to help corporations increase productivity, manage their cashflows and help with an efficient management
The Western Union Company , a leader in global payment services, and the Angola Post Office, provider of postal and financial services in Angola, announced the signing of an agreement to provide for the first time Western Union money transfer services to consumers in Angola. Richard Malcolm, Regional Vice President for Southern and East Africa
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