Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also won Best Investment Bank in Botswana, South Africa, Tanzania, and Zambia as well the Best Equity House in Mozambique and the Best Loan House in
We are delighted to announce that the SWIFT African Regional Conference (ARC) will take place in Cape Town, South Africa, on 21-23 April 2020. ARC is an annual event bringing together more than 600 leading financial services executives from over 55 countries, across Africa and beyond, to do business and shape the future of Africa’s
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, has announced its partnership with Union Systems Limited, a key provider of financial software solutions and professional services to major banks in East and West Africa. The two companies together will support organisations in their digitisation strategies of post–trade environments – whether it is liquidity
Congratulations to our customer Access Bank, Nigeria, who “successfully completed the upgrade of their digital and technology platforms to one of the best banking platforms in the world”. CR2 is very proud to have played a large part in this. This achievement represents one of the fastest integrations of two significant banks in Africa. With
Fidelity Bank Plc has posted an impressive financial performance for the 3rd Quarter of 2019 and is on course to finishing strong in the 2019 Financial Year (FY). Details of the 9-months results for the period ended September 30, 2019, released on Tuesday at the Nigerian Stock Exchange (NSE) showed a strong double-digit growth in
Duco’s automated matching process provides the capacity of two full time employees. Having gone live in 24h, costs are now capped, enabling rapid and controlled scaling. Duco, the global leader of cloud-based enterprise data integrity and next-generation reconciliation services have announced that Mama Money, the world’s first social business money transfer operator, has gone live
Interswitch Limited, a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa, and Visa Inc., the world leader in digital payments, today announced a strategic partnership that will further advance the digital payments ecosystem across Africa. As part of the agreement, Visa will acquire a significant minority equity
GCB Bank has posted profit before tax of GH¢317.13 million for the nine months period ending September 30, 2019. This is an improvement over the GH¢224.99 million recorded over the same period in 2018 financial year and represents 40.9% increase. During the period, total revenue amounted to GH¢1.13 billion, up 25.1% compared to GH¢ 903.23
Interswitch Limited, a leading technology-driven company focused on the digitization of payments in Nigeria and other African countries is pleased to announce the acquisition of e-Clat Healthcare Limited, a Nigeria-based health technology company that aims to improve healthcare delivery in Africa. The deal was completed on September 30, 2019, and it involves Interswitch acquiring a
Temenos, the banking software company, today announced that Consolidated Bank Ghana Limited (CBG) has gone live with Temenos T24 Transact, the next generation in core banking, to power its operations for retail and corporate banking. Temenos’ cloud-native, cloud-agnostic platform will empower CBG to rapidly and cost-effectively deliver innovative digital banking services and exceptional customer experience.
