United Bank for Africa (UBA) Group Expands to EMEA, Launches Banking Operations in Dubai International Financial Centre, Dubai

Posted on by Staff Reporter | 39067 Views | 16 min read

The UBA branch in the DIFC will service corporate & financial Institutions and customers across the Middle East with a core focus on correspondent banking, relationship management and advisory services The United Bank for Africa (UBA) (www.UBAGroup.com), Africa’s global bank has been in operation for over seven decades. Today, the group is present in 20

Fintechs are set to Transform Cross-border Payments in Africa

Posted on by Staff Reporter | 16743 Views | 16 min read

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of

KongaPay at House of Lords, London, signs historic partnership with Bibimoney

Posted on by Staff Reporter | 25527 Views | 3 min read

KongaPay, a frontline mobile money platform and a member of the Konga Group, Nigeria’s leading composite e-commerce giant, has signed a landmark deal with Bibimoney, a UK-based industry leader to expand access to financial inclusion for many in Nigeria, while also raising standards in the Fintech ecosystem in Nigeria and beyond. The iconic partnership was

Nigerian Startup wins Visa Everywhere Initiative 2022 for Central Europe, Middle East, and Africa Region

Posted on by Staff Reporter | 10731 Views | 8 min read

Technology-driven agricultural start-up, ThriveAgric, has emerged as the winner of the Central Europe, Middle East, and Africa (CEMEA) Visa Everywhere Initiative (VEI), a global innovation program and competition for start-ups and fintech companies. With this win in the CEMEA region, ThriveAgric will receive a monetary prize and a spot in the Global Finale scheduled to

Interswitch and Compass Plus Technologies Partner to ease Payments Across Africa

Posted on by Staff Reporter | 14781 Views | 10 min read

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa. The strategic partnership will see Interswitch utilise TranzAxis, an award-winning, token-based, cloud-native and API first open development payments

Cellulant Recognised as a Leading Payment Platform Solutions Provider in Nigeria for its Tingg Platform

Posted on by Staff Reporter | 10736 Views | 12 min read

The award was presented to Cellulant Nigeria by Communication Week Media Limited, the publisher of Nigeria Communications Week Cellulant (www.Cellulant.io , Africa’s leading payments company, was recognised as the Payment Platform Solutions Provider of the Year in Nigeria at the 13th Beacon of ICT Awards 2022. This award is a recognition of Cellulant’s work in

Bank of Ghana Rolls Out Mobile Wallet – GhanaPay

Posted on by Staff Reporter | 15673 Views | 4 min read

Bank of Ghana’s launch of GhanaPay mobile wallet for banks, savings and loan companies and rural and community banks, marks yet another milestone in digitisation of the financial system. Banks in Ghana are re-inventing themselves and have continued to respond positively to the competitive nature of the payment systems, characterised by increased consumer preferences for

“SMEs Are the Game Changers for Ghana’s Economy’’ – GCB Bank MD

Posted on by Staff Reporter | 12876 Views | 10 min read

The Development Bank Ghana (DBG) was officially launched by President Nana Akufo-Addo on Tuesday 14th June, 2022. The DBG, which received its license from the Bank of Ghana in November last year, will help provide long-term, competitively priced loans to small and medium-sized enterprises in industry sectors that have the potential to transform the economy

MD of GCB Bank Awarded CEO of The Year, Banking

Posted on by Staff Reporter | 14384 Views | 10 min read
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The Managing Director of GCB Bank PLC, Mr Kofi Adomakoh, has been adjudged CEO of the Year, Banking, for 2021. The award was presented to him at the 6th CEO Summit held at the Kempinski Gold Coast City Hotel, Accra, on Monday, May 30 2022, for his sterling performance in the banking sector. The summit

Crossfin takes Stake in VantagePay in Pre-Series A Capital Raise

Posted on by Staff Reporter | 14056 Views | 11 min read

Vantage Africa Limited, trading as “VantagePay”, a payments and technology company, has announced that Crossfin Holdings (Proprietary) Limited (“Crossfin”) has acquired a meaningful stake for an undisclosed sum. Barry Lobel, VantagePay’s CEO and co-founder welcomed Crossfin’s investment. “VantagePay has developed a leading cloud-based payments platform to address the massive latent demand for access to trusted