Cellulant and Gainde 2000 Partner to Improve Africa’s Trade Environment by Digitising Payments for Governments and Multinational Companies

Posted on by Staff Writer | 8699 Views | 12 min read

GAINDE shall bundle its e-government solutions with Cellulant’s payments solutions offering the most comprehensive regional end to end technology and payments solution Cellulant (www.Cellulant.io) has entered into a 5-year partnership with Senegal based GAINDE 2000 to offer an end to end Pan-African technology infrastructure and payments solutions for trade, revenue & tax collection for governments

Mastercard MEA SME Confidence Index: 74% of SMEs in Construction and Manufacturing Across Middle East and Africa Optimistic About Future Growth

Posted on by Staff Writer | 42959 Views | 20 min read

74% of the region’s small and medium businesses in construction and manufacturing are optimistic about the next 12 months, according to Mastercard MEA SME Confidence Index SME confidence levels were highest among businesses in retail, while construction and manufacturing had most businesses forecasting increases to steady revenues Research identified key areas with the greatest potential

Enjoying Banking Convenience with FirstBank’s FirstMobile

Posted on by Staff Writer | 5009 Views | 24 min read

As the world is evolving digitally, Nigerian banks are currently looking for ways to make the banking experience better and FirstBank is not an exception to this aggressive drive. The efforts in this regard include building and constantly improving on its product offerings like the FirstMobile, its industry-leading mobile banking app; FirstOnline, the internet banking

Women Entrepreneurs Lead the way in Digital Presence, According to Mastercard SME Research in Middle East and Africa

Posted on by Staff Writer | 23083 Views | 18 min read

81% of women entrepreneurs across the Middle East and Africa have a digital business presence according to Mastercard MEA SME Confidence Index Latest research by Mastercard highlights high digitalization among women-owned businesses as opportunity for broader SME recovery and digital economy growth Despite the gender gap and social challenges, entrepreneurial women across the world and

Ecobank Group Launches 2021 Edition of its Fintech Challenge

Posted on by Staff Writer | 6818 Views | 13 min read

Applications have opened for entries from all start-ups and developers in any of Africa’s 54 countries and global Africa-centered Fintechs The Pan-African Banking Group seeks innovative start-ups to partner and collaborate with; Applications are now open. The pan-African banking group, Ecobank group, is inviting African Fintech entrepreneurs to join the 4th edition of the Ecobank

Central Bank of Nigeria (CBN) Issues New Guidelines for Mobile Money Operators in Nigeria

Posted on by Staff Writer | 4682 Views | 21 min read

Author: Ibrahim Moshood, Associate, Centurion Law Group The new guidelines provide a robust coverage of the MMO value chain from service providers to subscribers and agents Introduction The apex regulator of banking activities in Nigeria has released new guidelines to further regulate the services provided by mobile money operators (MMOs) in Nigeria (“the new guidelines”).

Nigeria’s WEMA Bank Expands Long-term Business Agreement with Network International

Posted on by Staff Writer | 4534 Views | 8 min read

Renewed agreement to cover increase in capacity for card issuance and ATM processing WEMA Bank Plc., one of Nigeria’s oldest financial institutions, has renewed and expanded its long-term business agreement with Network International (https://www.Network.ae/en), the leading enabler of digital commerce across Africa and the Middle East. Building on their long-term relationship, Network International will be

Pan African Payments Company Cellulant Acquires PSP License in Ghana as it Rolls Out a Digital Payments Solution for Businesses

Posted on by Staff Writer | 8064 Views | 13 min read

The license is a requirement under the Payment Services Act 2019 which mandates that all Financial Technology or digital payments companies be licensed by the Bank of Ghana Digital payments has seen tremendous growth in the past couple of years. As of January 2021, 38.9 percent of the population aged 15 years and older had

Ecobank Group and Microsoft upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

Posted on by Staff Writer | 5211 Views | 11 min read

The leading pan-African banking group, Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training to equip Small and Medium-sized Enterprises (SMEs) across sub-Saharan Africa. This training will provide SMEs digital skills and knowledge to succeed in today’s digital world. SMEs have been significantly impacted by the COVID19 pandemic

Transforming B2B Payments Could Help Africa’s Local Businesses Grow

Posted on by Staff Writer | 12641 Views | 18 min read

By Clara Wanjiku Odero The World Bank estimates remittances to the Middle East and North Africa region rose by 2.3 percent to about $56 billion in 2020. However, global businesses that want to pay their Africa-based vendors and patterns are often frustrated by their experience with B2B payments. Typically, international businesses must route funds through