Ethiopian Airlines Partners with Worldpay

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, has partnered with payment leader Worldpay to streamline its business transactions and meet the needs of its global customer base. Ashna Bhawan at Worldpay worked with Ethiopian Airlines to implement a customized payment solution that integrates with Ethiopian Airlines’ sales channels and Sabre Reservation

Kopo Kopo Launches Money Transfer Services

Kenyan startup Kopo Kopo has launched external bank transfers, giving their clients another option of withdrawing funds aside from through their Kopo Kopo account to a bank account or M-Pesa wallet. “It should now be easier for you to pay suppliers, landlords, utility providers – you name it! At your request, we’ll transfer the amount

Twiga Bank to Start Using Mobile Banking

Twiga Bancorp has announced plans to fully incorporate internet and mobile banking before end of this year to widen access and convenience to customers. The Bank’s Acting Chief Executive Officer, Mr Wallace Msemo, told the ‘Daily News’ in an exclusive interview here during the just ended Nane Nane exhibitions that the software developers were expected

UBA CEO Urges African Banks To Use US-Africa Business Leaders Summit To Grow Capacity

The Group Managing Director/CEO, UBA Plc Mr. Phillips Oduoza has called on financial institutions in Africa to seize the opportunity provided by the President Obama led US-Africa Business Leaders Summit and the enthusiasm about Africa, to grow capacity. According to him, much of the challenges of financing growth and development on the continent lie in

Safaricom Business and Virtual City Launch Efficiency Solution for FMCG’S

Safaricom Business has partnered with innovative mobility solutions developer- Virtual City, to launch an application that will enhance service efficiency for the Fast Moving Consumer Goods sector. M-Distributr is a mobile app that is available on android devices, enabling sales teams and businesses keep real-time track of sales transactions and deliveries, place orders, and collect

Airtel Africa, BGFI Partner to Expand Money Transfer Service in Africa

Airtel Africa has entered into a partnership with BGFIBank, a financial services institution present in 10 countries, to expand mobile money access to the bank’s customers. The partnership will see Airtel Money become accessible to BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of Congo and Madagascar. Through the agreement, Airtel Money customers that

China Commercial Bank to Set Foot in Tanzania

A new bank, China Commercial Bank, has been granted a provisional banking license to operate in the country. According to the Bank of Tanzania , the new bank has no banking affiliation with another bank in China or Tanzania. The BoT Governor, Prof. Beno Ndullu said the CCB has been formed by Chinese and Tanzanian

Barclays Launches Service Guarantee

Barclays Bank Tanzania has launched service guarantee product, an initiative geared to improve customers’ experience at the bank in the country. Speaking at the launch in Dar es Salaam, Barclays Head of Products, Segments and Retail Strategy & Acting Retail Director, Mr Musa Kitoi, said with the service guarantee initiative, the bank commits to provide

BoT Defends Habib Bank Director

Presence of Habib Mohamed D. Habib as board member of London based Habib Bank Limited and Dar es Salaam based Habib African Bank Limited, has no legal problem. Bank of Tanzania Governor, Professor Benno Ndulu said Mr Habib who is board chairman of the local bank and director of the London based bank in which

Vodacom Redesigns M-pesa For The South African Market

First launched in Kenya in 2007, m-pesa is now used by more than 18 million people across 13 countries to perform banking and money transfer services via mobile phone. Vodacom introduced m-pesa to South Africa in 2010 and while the initial take up was strong with more than one million people signing up, it hasn’t