The Board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past Managing Director of Fidelity Bank Plc., Mr. Nnamdi Okonkwo as its Group Managing Director. Okonkwo’s appointment takes effect from January 1, 2022. His appointment followed the retirement of Mr. U.K. Eke, who has completed his two-term tenure. Uke, according to the board, tendered
KongaPay projected to hit 3m subscribers by 2022 KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, is on course to grow its active subscriber base to over three million by 2022, data released by the company has shown. The mobile money platform, the leading provider of digital services for e-commerce shoppers in Nigeria, is
FNB has been recognised by the Global SME Finance Awards 2021 in the Best Bank for Women Entrepreneurs category with an Honourable Mention for its Women in Business portfolio. Launched in 2018 and now in its fourth year, the Global SME Finance Awards were set up to recognise the commitments and distinguished achievements of financial institutions and
Ecobank also wins ‘Excellence in SME Banking’ Award The Ecobank Group, the leading pan-African banking group, has won two awards with its Ellevate Programme. The Financial Alliance for Women honoured Ecobank with its ‘Impact Award’, recognising Ecobank’s work in supporting women-owned and womenfocused businesses across the continent. Ellevate by Ecobank also won the ‘Best New
NCR Corporation (NYSE: NCR), a leading enterprise technology provider, has announced that Royal Farms, a privately owned chain of convenience stores, is expanding its partnership with NCR to equip all of its 250+ stores with self-checkout solutions. “We introduced the first NCR self-checkout solutions in 2019, and while we saw direct benefits in the same
Microsoft has expanded its long-standing relationship with Worldpay from FIS in Latin America to process payments in the Americas, Europe and Asia Pacific, creating a global partnership. Worldpay will provide online credit and debit card processing for the technology company across Microsoft’s online store fronts, including Xbox, Microsoft Advertising, Microsoft Azure and more. In addition
The Absa Group Limited Board has announced the appointment of Sello Moloko as independent non-executive director and Chairman-designate with effect from 1 December 2021. Sello Moloko is to commence the role as Absa Group Chairman on 1 April 2022. Sello will take over from Wendy Lucas-Bull who will step down on 31 March 2022, which
This latest report in CR2’s Market Insight series discusses how Africa represents a massive market that is providing opportunity for investors to bring large segments of the continent’s unbanked online Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups.
Absa Group has announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). Saviour will be responsible, together with RBB and CIB for the Group’s ARO businesses and for the Group’s strategy, collaboration and relationships with its key stakeholders across those businesses. Saviour will be a member of the Group Executive Committee
The company’s new Country Manager brings more than 20 years of professional and leadership experience across the payments industry Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion from his current role as the Vice President of Business Integration for Mastercard, Southern Africa. As
