Jumia has just released a new Infographic with the objective of shining a light on the key facts and figures of the year that has passed as well as the promise of 2016. In 12 points, it goes back on its most memorable sales of the year, the records it broke, its engagement towards its customers
Jumia Nigeria, Africa Internet Group’s (AIG) biggest company on the continent. Juliet is taking over from former Co-CEOs Jeremy Doutte and Nicolas Martin, who are taking the reins of Jumia Global across the 11 African countries in which the group operates. “Juliet brings strong leadership capacity and a consumer driven mindset honed from her experience
Foremost African financial institution, Guaranty Trust Bank plc has reaffirmed its position as a leading provider of e-payment solutions with the introduction of a new service that allows customers receive Western Union funds directly into their GTBank account via any of the Bank’s Automated Teller Machines (“ATMs”) in Nigeria. The service is also available on
Vodafone extended M-Pesa to Ghana, the 11th Vodafone market across Africa, Asia and Europe to benefit from the world’s leading mobile money transfer service. The launch of the service, operating in Ghana under the ‘Vodafone Cash’ brand, follows a successful pilot launched in August 2015. Around 15 million people – approximately 64% of the population
Power outages should no longer prevent you from accessing your cash – that is if you use Stanbic Bank’s ATMs. The Bank has rolled out what it believes to be the first solar powered offsite ATMs in the country. The solar powered ATMs have been rolled out to provide a reliable, cost efficient alternative to
Ecobank Transnational Incorporated (ETI) announced a leadership change in its largest subsidiary, Ecobank Nigeria Limited. By the Bank’s internal policy, Mr. Jibril Aku, the current Managing Director of the subsidiary, having concluded his five-year tenure as managing director, will step down from his current role at the end of this year. Mr Aku will take
United Bank for Africa (UBA) is changing the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. It is the latest innovation from the digital banking division of pan-African financial services UBA, which has built
Deutsche Bank and Ecobank Nigeria LTD announced the signing of a Memorandum of Understanding (‘MOU’) to expand their trade finance relationship. Under the terms of this MOU, Deutsche Bank will provide export credit guarantee program GSM-102 to Ecobank Nigeria. The Bank’s offering of a GSM-102 program will guarantee credit to encourage financing of commercial exports
