The Mauritius Commercial Bank (MCB) Upgrades its Dubai Presence to Build Stronger Bridges between Africa and Global Markets

This expansion of the MCB’s scope to the Middle Eastern region is aligned with its mandate to further facilitate transactions to and from Africa The Mauritius Commercial Bank (MCB) (www.MCB.mu) announces that it has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services. Mr Sebastian Graewert has been appointed as

TradeDepot Raises $110 Million To Extend ‘Buy-Now-Pay-Later’ to Retailers Across Africa

TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The Series B equity round was led by the International

Financial Inclusion on the Agenda as Mukuru Card Customers can Now Make Online Purchases

Mukuru, one of the largest remittance companies in Africa and a leading next generation financial services platform, has announced that its Mukuru Card has been activated for online purchases in South Africa, allowing holders of the card to take part in the eCommerce revolution even if they don’t hold traditional bank accounts. Mukuru CEO Andy

Hyland’s Alfresco Process Automation Platform Helps aYo Boost Financial Inclusion and Change Lives in Africa

aYo, a provider of micro hospital and life insurance cover for underserved communities in Africa, has slashed claims processing time and costs thanks to claims automation built on Hyland’s Alfresco Process Automation platform. Hyland is a leading content services provider that enables thousands of organisations to deliver better experiences to their customers. aYo already has

Standard Bank Brings Apple Pay to Customers

A safer, more secure and private way to pay with iPhone and Apple Watch Leading financial services provider Standard Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses

Standard Bank’s 2022 Pricing: Minimal Fee Increases, Focus on Digital Adoption to Bring Cost Savings for Clients

Clients can look forward to cash convenience, free value-added services, and simplified fees In the current, challenging economic environment, clients are seeking value and cost-savings more than ever before. With these needs front of mind, Standard Bank has developed its 2022 pricing strategy, which aims to ensure that clients, from consumer to business banking, can

Absa Signs Significant Contract with Software Solutions Provider to Enhance Customer Service

Absa Bank has signed a long-term contract with Salesforce, a global leader in customer relationship management (CRM) solutions, to bring about a step change in servicing individual and business-banking customers as the bank accelerates its digitisation programme. In line with its efforts to get closer to customers, Absa is rolling out the software across its

Bank One Elite Banking awarded “Best Mass Affluent Banking Offering” for its Cross-border Services

The “Best Mass Affluent Banking Offering” title recognises the efforts of Bank One in serving mass affluent customers Bank One (www.BankOne.mu) announced that it won the Best Mass Affluent Banking Offering award in the Service Innovations category at the Global Retail Banking Innovation Awards 2021 (GRB21) organised by the Digital Banker. Every year, The Digital

UBA Group Dominates the 2021 Banker Awards, Wins ‘African Bank of the Year’

Breaks the Banker Magazine Record as it wins Best Bank in Nigeria and 12 of Its Subsidiaries Africa’s global bank, United Bank for Africa (UBA) Plc yet again, reaffirms its leadership position across Africa, as the bank has been globally recognised as the African Bank of the year 2021 by the Banker Magazine, a leading

Microinsurance is Driving Greater Financial Inclusion, says aYo Ghana

There has been a ‘material increase’ in awareness of financial service products like microinsurance during 2021, with growing numbers of Ghanaian consumers purchasing cover to protect themselves and their families in the event of hospitalisation or loss of life. Francis Gota, the CEO of microinsurer aYo Intermediaries Ghana Limited, says the company has seen a