African Markets Build Resilience in a Challenging Environment

Absa Africa Financial Markets Index shows improving market infrastructure in majority of countries in the region African countries have responded positively to the need to develop domestic financial markets to protect economies from external shocks, OMFIF’s 2022 Absa Africa Financial Markets Index reveals. Even as challenging market conditions weighed on performance in the index, 19

Union Pay International Has Signed an Agreement with GIMTEL

UnionPay International (UPI) continues to expand the acceptance network by signing strategic partnership agreements with key stakeholders in the payments industry across Africa. UPI has signed an agreement with the national switch of Mauritania GIMTEL (Groupement Interbancaire de Monétique et des Transactions Electroniques). This agreement paves the way for GIMTEL to become an UPI acquirer