Over the next 10 years, online retail will continue to gain popularity in both developed and emerging markets and as a result, logistics companies are set to play a key role in providing vital supply chain management solutions that are able to evolve with consumers’ changing shopping habits. This is one of the key findings
Nigerian online merchants have welcomed the launch of PayPal in the West African country, saying it will lead to a growth in internet transactions, though warning it needs to integrate with local platforms. HumanIPO reported earlier this week PayPal had become available in ten new markets, including Nigeria, Cameroon, Ivory Coast and Zimbabwe. Adeoye Ojo,
In line with his vision of entrenching a more professional and people-focused central bank, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has approved the redeployment of Deputy Governors in the Bank. With the new changes, Alhaji Suleiman Barau, Deputy Governor, Corporate Services Directorate is now the Deputy Governor, Operations Directorate.
More than 100 Marsabit County residents in the far flung Loiyangalani region have graduated from a customized financial literacy training programme delivered by the Equity Group Foundation. In keeping up with a growing demand for financial literacy in the region around Lake Turkana, this year’s Annual Lake Turkana Cultural Festival held at Loiyangalani culminated with
Cost, technological complexity, control and lack of education are the major issues facing the growth of internet payment services in Kenya. This is the position taken by Bardo Group, a new entrant in the online payment arena. Operating in the country since January 2014, the company whose head office is in Mauritius is also incorporated
Barclays Tanzania Limited has launched paperless banking product to its customers in move aimed to enhance the quality in delivery of its services. Speaking during the official launching ceremony in Dar es Salaam at the weekend, Barclays Retail Director, Mr Kumaran Pather, said that the service was designed to facilitate much ease in financial transactions.
Kenya Commercial Bank (KCB) in partnership with Visa has launched its MeCash prepaid card to allow users to make payments with more ease. Speaking at the launch, KCB managing director Samuel Makome said the world is going cashless and KCB is delighted to be part of the exciting journey. “In our effort to remain competitive
Capitec Bank, South Africa’s fastest growing retail bank for individuals, has announced the launch of its remote banking app. A key difference when comparing the app to other banking apps is that it can be accessed on both feature phone and smart phone. The Capitec Bank app also uniquely offers security via the phone and
IFC, a member of the World Bank Group, has announced it signed an advisory services agreement with Firstmonie, a subsidiary of First Bank Nigeria Limited, to advance mobile financial services and agent banking in order to strengthen the supply of affordable financial services to low-income individuals and small-scale entrepreneurs in Nigeria. IFC will provide Firstmonie
Vodafone has announced a partnership with eTranzact Ghana to allow the network’s subscribers to make voice and data payments electronically via eTranzact’s e-payment platform. Subscribers can pay for postpaid and broadband subscriptions at branches of banks nationwide, online and via mobile – all in real-time. “We provide the technology platform in partnership with Vodafone to
