Absa Group has signed agreements with the Meltwater Entrepreneurial School of Technology (MEST) in Ghana, the Cape Innovation and Technology Initiative (CiTi) and Grindstone in South Africa to support and collaborate in initiatives that are aimed at growing emerging technology and other businesses in Africa. The agreements expand Absa’s Digital Partnerships capability, established in 2020
Appzone strengthened its commitment to supporting the digitization of the financial ecosystem in Kenya as a strategic partner When Pan-African fintech software provider, Appzone, relaunched its digital core banking solution for Africa’s fintechs and Neobanks in October 2021, it was clear that the company would never waiver from its commitment towards accelerating economic prosperity in
Bank of Kigali goes live on Temenos platform to power faster, smarter digital banking while scaling to one million retail and SME customers in Rwanda Temenos, the banking software company, has announced that Bank of Kigali Plc, Rwanda’s largest bank by assets and market share, has gone live on Temenos. Replacing its core banking system
The authorisation permits Cellulant to continue enabling businesses to collect payments online and offline while allowing anyone to pay from their mobile money. Central Bank of Kenya has granted Cellulant a Payment Service Provider authorisation in Kenya, enabling the company to expand its payments offering for businesses, banks, and consumers. Founded in 2003, Cellulant is
Standard Chartered has released its financial results for the full year and fourth quarter ending 31 December 2021. See link here. In the Africa and Middle East region, the Bank has recorded its highest Operating Profit since 2015. Performance Highlights: Broad-based growth and improvement in income and profits Income grew by 3.5 per cent to
Equity’s Brand Strength Index (BSI) of 90.8, is only 3.2 basis points away from the strongest banking brand in the world Equity has been assigned a Brand Strength Rating (BSR) of AAA+ on par with the strongest banking brand in the world The Bank is the only new entrant among the top 10 strongest banking
While South Africa may lag behind other countries in some areas, its banking and payments industry is rated among the best in the world. The entire continent has needed to be resourceful to innovate with payment methods, to serve the banked, underbanked and unbanked. Karen Nadasen, CEO of PayU South Africa and Chairperson of The
Zeepay Ghana has announced its partnership with Telebirr, a mobile money service that is owned and launched by Ethiotelecom – the only telecommunication and Internet service provider in Ethiopia, Telebirr facilitates the delivery of cashless transactions and comes to market as the second operator to mbirr. Starting from January 1, 2022, Zeepay expects to help
Dashen Bank (www.dashenbanksc.com) the largest private bank in one of the world’s fastest growing economies – Ethiopia – has announced that it has extended its strategic partnership with CR2 (www.CR2.com) as they accelerate their Branch Transformation programme, a key pillar of their overall digital transformation taking place at the bank. This latest strategic initiative responds
While cash was always considered to be king, that is no longer the case with consumers across Africa moving to alternative payment methods for convenience and safety reasons. Tap to pay has emerged as one such option. It uses short-range wireless technology to make secure payments between a contactless chip card or device and a
