In the vibrant tapestry of South African entrepreneurship, small businesses stand as beacons of innovation and resilience. As we have ushered in a new year, these enterprises look forward to a landscape that will continue to be marked by both challenges and opportunities, powered by the enduring spirit of South African tenacity and the support
The National Bank of Ethiopia today hosted a meeting to review and consult on the standardization document for national digital payment QR codes. Organized in partnership with Ethswitch, the event saw participation from key representatives of banks, PII, and POS, engaging in constructive dialogue. This initiative aims to streamline the consumer experience by focusing on
The benefits of open banking have been spoken about within the global banking sector for some years now. While some local banks have already made concerted efforts to embrace the innovation opportunities that come with open banking, global payments as a service (PaaS) specialist, Network International, believes there is room for a more collaborative mindset
Mastercard’s second annual Community Pass Customer Summit in Kampala, Uganda gathered more than 90 public and private sector partners, featured 20+ thought leaders dedicated to crafting sustainable solutions for digital and financial inclusion across Africa and beyond. This year’s summit showcased over 10 cutting-edge technologies and financial institutions, each presenting their digital solutions designed to
The European Investment Bank and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment, enable commercial banks to mobilize climate finance essential to achieving a net zero economy and strengthening the climate resilience of the Kenyan financial systems. The
Mastercard and Hatua.net – an independent UK and US registered charity working to promote education and employment among youth in Kenya and Uganda – have joined hands to empower young people with the essential skills needed to thrive in today’s competitive job market. Primary school in Kenya and Uganda is free but secondary school fees,
KCB Bank Kenya has partnered with global payments technology company, Mastercard, to roll out the World Elite Exclusive Credit Card that will offer premium and private banking customers a range of market-exclusive benefits, privileges, and experiences. This collaboration marks a significant milestone for the Bank as it is another strong step in building a world-class
Mastercard and Equity Bank Uganda signed a memorandum of understanding today aimed at improving financial inclusion for digitally excluded individuals, communities, and businesses in Uganda. Equity Bank intends to leverage Mastercard’s Community Pass solution to: • Issue financial inclusion cards that will serve as an online and offline store of value, enabling individuals to securely
From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in Kenya have demonstrated optimism and confidence about the next 12 months. These are the findings of the second edition of the Mastercard Eastern Europe, Middle East and Africa (EEMEA) SME Confidence Index. The 2021 inaugural SME Confidence Index delved into the
During the second edition of US Ambassador to Kenya, Meg Whitman’s investment roadshow series to the United States, Equity Group Holdings and farm equipment maker John Deere signed a comprehensive agreement to offer tractors into the Kenyan market through well-defined and affordable finance programs for both large scale and small-scale farmers. The agreement underpins Equity
