GTBank’s SME MarketHub Wins the 2014 Product Leadership Frost & Sullivan Award

Guaranty Trust Bank plc has been announced as the winner of the “2014 Product Leadership Award” at the 2014 Frost and Sullivan Excellence In Best Practices Awards Banquet that held on Thursday, 30th October, 2014 at the Monte Carlo Bay Hotel & Resort, Monaco, France. Frost & Sullivan is a growth consulting firm that provides

Jumia Partners with the Ivorian Chamber of Commerce and Industry

In order to inaugurate their partnership,and the Ivorian Chamber of Commerce & Industry are organizing a symbolic ceremony at the Chamber of Commerce & Industry of Côte d’Ivoire on Thursday 30th October. Amongst the guest speakers: Fatoumata Ba, Managing Director of Jumia Côte d’Ivoire, and Lucas Dossetto, Head of Marketplace, who spoke about e-commerce and

Paratus Telecom and Nomanini Partner to Bring “business in a box” to Namibia

Established Namibian ICT provider, Paratus Telecom, has diversified its offering by launching a new mobile airtime distribution service called “Katiti”. The service runs on Nomanini’s popular cloud-based mobile point of sale platform and is designed to be used by informal traders and budding entrepreneurs. John D’Alton, Managing Director: Namibia, Paratus Telecom, explains: “We wanted to

WorldRemit Launches Transfers to Zantel EzyPesa in Tanzania

WorldRemit the online money transfer service announces that its customers can now send remittances to Zantel EzyPesa accounts in Tanzania. The addition of EzyPesa means that WorldRemit now offers transfers to two of Tanzania’s four Mobile Money services. Customers can also send money to friends and family using Tigo Pesa. Tanzania is one of nine

Nigerian Bank Launches Value Added Services on POS

One of Nigeria’s major commercial banks United Bank for Africa (UBA) has announced the introduction of Value Added Services (VAS) on it Point of Sale (POS) terminals. The bank in a statement said services supported include airtime purchase, cable subscription, electricity, water and other bill payments. The bank said the service has been rolled out

Rwanda to Accelerate Digital Payments by Joining the Better Than Cash Alliance

The Government of Rwanda moved today to accelerate plans to transform into a cashless economy by joining a United Nations-backed initiative that supports countries’ transitions to electronic payments. With the assistance of the Better Than Cash Alliance, which is hosted by the UN Capital Development Fund (UNCDF), the Government of Rwanda will transition all forms

Stanbic Named Tanzania’s Best Investment Bank

Stanbic Bank has been named the best investment bank in Tanzania by EMEA Finance, a prestigious magazine, for the year 2014, while its parent company Standard Bank has been named leading investment bank in Africa for the seventh consecutive year. “We are delighted to have retained the award for the best Investment Bank in Tanzania,

Austrian Firm Delivers Multifunctional Smart ID Cards to Nigerian government

Austria Card (Lykos Group) has announced it has produced and delivered to the Nigerian government identity cards with multiple innovative applications such as e-ID combined with biometrics, e-Health, voter-ID, pension-ID, and payment (EMV). In a statement, the company said the new identification documents will enhance security and public service in Nigeria. In all, the cards

KCB Appoints Scholars to Head Islamic Banking Advisory Team

KCB Group has picked three Islamic banking experts to run the Bank’s Sharia Advisory Committee, heightening the lender’s roll-out the Islamic banking services in Kenya. The scholars and religious leaders— Sheikh Ahmed M. Msallam, Sheikh Ibrahim Lethome and Dr. Ahmed Sheikh Abdualatif Osman—on Tuesday morning signed their contracts with KCB during the inauguration of the

DHL’s Survey Reveals Emerging Markets Offer Highest Growth for e-Commerce

Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa, who says the recently released ‘Shop the World!’ report reveals that emerging markets offer the highest growth potential for the eCommerce industry.