Irish FinTech, Pipit Global Partners with Pan-African Fintech Cellulant to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana According to reports by the BBC, about 8 million Africans live abroad. That number is projected
A new WhatsApp service in partnership with Semoa, a Togolese Fintech The Ecobank Group (www.Ecobank.com) and Semoa a Fintech based in Lomé, are enabling mobile money users in Togo to carry out banking faster and easier, across West African Economic and Monetary Union ( WAEMU) through a new digital banking service via Whatsapp called “
GCB, Ghana’s largest bank, as part of measures to ameliorate the sufferings of its customers from the ravaging effects of the COVID-19, has advanced in excess of GHS 156.1 million in personal loans to over 9,000 customers. The enhanced loan product which was aggressively offered during the peak of the pandemic to provide financial support
The Pan-African banking group, the Ecobank Group, is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021 to take home the SME Award in a 2020 tumultuous year characterised by the Covid-19 pandemic which continues to ravage many African economies, with
Mastercard has announced the appointment of Bossman Akuffo Kwapong as Country Director for Ghana. His 20 years of experience in the financial services industry includes leadership roles in business development, banking operations, client experience, payments and digital innovation. In his new role, Bossman will manage Mastercard’s operations and relationships in Ghana, enabling strategic delivery of
The Global Prepaid Card Market size was valued at USD 2.01 trillion in 2019 and is predicted to reach USD 18.47 trillion by 2030, with a CAGR of 22.5% from 2020-2030. The global prepaid card market is on a strong growth momentum, owing to the growing demand for digital payments and a proliferating e-commerce sector,
The collaboration between both companies includes financial support from Visa and will be spread over the five-year partnership period Carbon (ng.getCarbon.co), a pan-African fintech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, the world leader in digital payments, to offer both digital and physical issuance of
The African SME Bank of the Year award 2021 recognises the bank which has significantly contributed to the development of the SME sector The Pan-African banking group, the Ecobank Group (www.Ecobank.com), is the African Banker’s 2021 African SME Bank of the Year. Ecobank beat a host of other banks in the African Banker Awards 2021
This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group, is pleased to announce that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a
Ghana’s first indigenous Bank, GCB Bank has further reduced its interest rates on personal loans to 23 per cent per annum in line with measures to mitigate the impact of Covid-19 on clients. As part of the measures, the Bank has also granted a two-month moratorium on both principal and interest repayment and increased loan
