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NASCU and Mastercard Announce Landmark Agreement to Drive Financial Inclusion in Zambia

The National Association of Savings and Credit Unions (NASCU), the apex organisation for all financial cooperatives in Zambia, and global payments technology company Mastercard have announced a landmark agreement to Read More →

MTN Rwanda Opens Mobile Money Remittance Corridor to Tanzania

Users of MTN Rwanda will now be able to send money to Tanzania via Mobile Money as the telco has opened the mobile-to-mobile remittance service between Rwanda and Tanzania. MTN Mobile Read More →

Ingenico Group Supports Roll-out of Secure Biometric Solution in Zambia

Ingenico Group supported the roll-out of a secure biometric solution in Zambia in partnership with Paycode. This program allowed the distribution of 22 million dollars subsidies in rural Zambia within Read More →

Barclays Africa Group and Frontclear Partner to Develop Africa’s Interbank Markets

Barclays Africa Group Limited (BAGL) has signed a 2-year agreement to provide financial support to the Frontclear Technical Assistance Programme (FTAP) through the latter’s Partnership Facility. The contribution reflects the Read More →

UBA Introduces First Mastercard Debit Card in Zambia

United Bank for Africa Zambia (UBA) announced the launch of the first Mastercard debit card in Zambia to financially empower its citizens. Focused on displacing cash, the electronic payment solution Read More →

Direct Pay Online Gains Security Certification in 12 Countries Across Africa

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 Read More →

Has Africa Been Left Behind by Formal Financial Services?

Has Africa been left behind by formal retail financial services? This is the question posed by the African Financial Retail Readiness Index (AFRRI). The first annual AFRRI report looks at Read More →

Zambia to Host Southern Africa Banking and ICT Summit 2015

Efforts to curb increased incidences of Cyber crime within Africa’s financial institutions, Government Agencies and private sector have received a boost with the planned Southern Africa Banking and ICT Summit Read More →

StreetCred Secures Exclusive Partnership with Nomanini

Zambian airtime distributor StreetCred (Zambia) Ltd. secured an exclusive partnership with Nomanini - a South African-based mobile point of sale service that specialises in facilitating cash transactions in informal markets. Vahid Read More →

Afreximbank Plans Mobile Payment Platform for Africa

The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support intra-African trade and payments, Jean-Louis Ekra, President of the Bank, announced in Lusaka. In an address Read More →

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