American Express and Ecobank Group Sign Agreement to Expand American Express Acceptance in 21 Countries in Sub-Saharan Africa

American Express and Ecobank Group (www.Ecobank.com), the leading pan-African financial services Group, announced an agreement to significantly expand American Express Card acceptance in twenty-one countries across Africa. Through this agreement, American Express Card Members will be able to use their Cards in twelve new countries: Burundi, Central African Republic, Gabon, Guinea-Bissau, Liberia, Malawi, Mali, Niger,

Fintech Giant – Moniepoint – Ranked as Africa’s Fastest Growing Fintech by the Financial Times for the Second Consecutive Year

World’s leading financial publication confirms Moniepoint’s rapid revenue growth Moniepoint Inc. (“the Company” or “Moniepoint”), announces it has been ranked by the Financial Times as Africa’s fastest-growing fintech. The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It is the second consecutive year Moniepoint has achieved

Unleashing Economic Potential: The Soaring Growth of Cross-Border Payments in Africa – Synthesis

By Arthi Narayanan, Lead Payments Consultant at Synthesis The pivotal role of digital accessibility for goods and services has become abundantly clear over the past few years. The global economy, now more than ever, relies on the seamless flow of transactions across borders. Whether it involves individuals, businesses, or financial institutions spanning different countries, the

Shaping the Future of Banking in Africa With EFT Corporation

Last year, the World Economic Forum called Africa the “world leader” in digital and mobile banking. There’s no doubt that banking in Africa has undergone significant changes in the last few years and that it will continue to change and grow in the coming years. How can business leaders prepare for this? How has the

PalmPay Drives Financial Inclusion With Cost-Saving Benefits for Users

In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech platform PalmPay has unveiled two cost-saving financial products – Unlimited Free Transfer and Target Savings – for users of its app. With the new financial products, users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country

Unlimit Secures Payments Licence in Tanzania and Further Expands Presence in Africa

Unlimit, the global fintech company, today announced its entry into the Tanzanian market and the receival of the Bank of Tanzania (“BOT”) licence, marking another significant step in the company’s expansion within the region. The approval of Unlimit as an authorised payment service provider by the BOT will allow the fintech to provide a range

Mastercard Appoints Folasade Femi-Lawal as the New Country Manager for West Africa

Mastercard, a leading company in digital payments and technology, is pleased to announce the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa. With over 25 years of multifaceted experience spanning financial services, management consulting, telecommunications, and business advisory services, Folasade brings a wealth of knowledge and expertise

SA stands to win big from open banking – with the right attitude – Network International

The benefits of open banking have been spoken about within the global banking sector for some years now. While some local banks have already made concerted efforts to embrace the innovation opportunities that come with open banking, global payments as a service (PaaS) specialist, Network International, believes there is room for a more collaborative mindset

Payhippo Appoints Dami Olawoye as New CEO

Payhippo, a leading AI-powered lender for SMEs in Nigeria, today announced the appointment of Dami Olawoye as its new CEO. Olawoye, who previously served as Payhippo’s CFO, will succeed Zach Bijesse, who is transitioning to a role on the company’s board of directors. Under Bijesse’s leadership, Payhippo achieved remarkable milestones, including disbursing over 36,000 SME

“GCB Has Been An Active Player In Supporting Various Sectors Of The Economy” – Mr. John Adamah

On Wednesday 20th September, Executive Head, Retail Banking Mr. John Adamah was a guest on GTV’s ‘Market Avenue’ hosted by Maurice Ogbete to speak on GCB Bank’s 70th anniversary celebrations. Mr. Adamah began the conversation by answering questions on GCB Bank’s contributions to the socio-economic development of Ghana over the last 7 decades. He spoke