Ecobank Burkina Faso, Ecobank Côte d’Ivoire, Ecobank Ghana and Ecobank Rwanda all scoop awards Lomé, 20 March 2023 – Four affiliates of the leading pan-African banking Group, Ecobank Group, have won the coveted ‘Best Trade Finance Provider 2023’ Award in their respective countries. The affiliates, specifically Ecobank Burkina Faso, Côte d’Ivoire, Ghana and Rwanda received this
Mastercard, a technology leader in the global payment industry, has partnered with QNB, the largest financial institution in the Middle East and Africa, to launch “myPOS” tap on phone service, a new service for micro and small businesses, which allows business owners to accept payments for their products or services through a smart phone. The service, powered
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100 The Bank is the 3rd strongest bank in Africa, strategically representing the East and Central African region in the rankings Equity also ranked 291 in the top 500 most valuable banking brands in the world with a brand value of USD 531.7 million
The Mastercard debit card enables customers to make dual currency transactions on the same card. The prepaid Mastercard card will allow non-account holders to transact in foreign currency. The Mastercard debit cards will enable safer, simpler, smarter, and accessible transactions inclusive of e-Commerce transactions. POSB in partnership with Mastercard has unveiled new prepaid and debit
AccesBanque Madagascar, part of AccesHolding Group and one of the largest commercial banks in the country, has successfully migrated its ATM acquiring and card management businesses to Compass Plus Technologies’ processing centre. The move enables the bank to further expand its business offering and launch new products and services at pace. AccesBanque’s mission is to
Columbia University’s Adam Tooze joins the debate on confidence and growth in Africa, launching the public discussion programme of the recently established Standard Bank Chair in African Trust Infrastructures at the University of the Witwatersrand. Standard Bank’s corporate commitment to Africa’s growth recognises the role of education and research in the development of the African
The Bank of Namibia (the Bank) is pleased to announce the launch of Namibia’s first-ever Automated Regulatory Reporting System, available to regulated and supervised entities licensed by the Bank to conduct banking, currency exchange, and payment service provision activities from 01 February 2023. The acquisition of the system comes at a time when regulators and
The Bank of Botswana and the Bankers’ Association of Botswana hereby remind the public that as per the previous public notice(s), the Botswana Automated Clearing House (BACH) will cease to accept cheques for clearing as at December 31, 2023. Accordingly, the use of cheques as a means of payment in Botswana will be discontinued by
The right strategy and the right partners help banks modernize offerings to commercial customers securely, compliantly – and more quickly than with internal development projects. Banks and businesses have a long history of partnership. Businesses rely on banks for essential needs, such as managing accounts, opening lines of credit, and offering payment options like ACH
New investment by companies across Tanzania will benefit from EUR 540 million (TSh 1.3 trillion) of new financing backed by the European Investment Bank, CRDB, NMB and KCB-Tanzania announced at the EU-Tanzania Business Forum in Dar es Salaam earlier today. The European Investment Bank’s first engagement in Tanzania for seven years includes expected targeted support
