Payments Afrika’s Most Popular Articles for 2014: Africa

2014 was an exciting time for payments in Africa, here are a few of the top stories which made headlines over the past year. Africa’s Top Five Articles:  Kenya Bankers Association Releases Mobile Money Survey The Kenya Bankers Association have released the findings of their latest survey which looks at the interplay between banks, mobile

ATMIA and Calleo Look at Emerging Payments in Africa in New White Paper

ATMIA has today announced the publication of a study on emerging payments trends in rapidly expanding Africa. The emerging payments ecosystem in Africa is one of the most dynamic and fastest growing in the world. The rising middle class will spawn new consumer markets and, with them, the need for a variety of modern payment

Growing Your Business in Africa: Tips form Industry Leaders

Duo Marketing hosted a breakfast this week where Rean van Niekerk from Matacom and Vahid Monadjem from Nomanini spoke on their different experiences of doing business within Africa. Van Niekerk, who is the founder and MD of Metacom, who provide machine-to-machine and business-to-business communication services for their clients spoke on how they have entered 12

Ethiopian Airlines Partners with Worldpay

Ethiopian Airlines, the fastest growing and most profitable airline in Africa, has partnered with payment leader Worldpay to streamline its business transactions and meet the needs of its global customer base. Ashna Bhawan at Worldpay worked with Ethiopian Airlines to implement a customized payment solution that integrates with Ethiopian Airlines’ sales channels and Sabre Reservation

Barclays Africa Is On Track To Meet Growth Commitments

Barclays Africa is on track to meet growth commitments, achieves strong financial momentum. Barclays Africa Group Limited  released its interim results on 30 June. The Group is on track to deliver on the ambitious targets laid out at its annual results in February. Financial results for the six months ended 30 June 2014 reflect a

Rob Diamond Plans to Invest in African Banking

Robert Diamond is planning to return to the business of banking through a large investment into the banking sector in Africa. Diamond, who left his position as CEO of Barclays last year after a rate-fixing scandal, is looking to raise $250 million to invest in African banking through a corporate shell known as Atlas Mara,

ACG Expands ATM Reach in Africa

ACG has inked its second reseller agreement with an African ATM firm. This most recent agreement was made with South Africa’s own TIM Trading. The deal grants TIM Trading with exclusive rights to sell and distribute ACG spare parts in several countries throughout the southern portion of Africa, including: Botswana, Namibia, Madagascar, Mozambique, South Africa, Cash is Still King in Africa

Another strong message to come out of the mobile money talks and presentations at is that cash is still king in Africa. In his presentation Brian Richardson from Wizzit brought up the point that despite how much success mobile money might have had in Africa, cash is still 80% of retail. He suggests that Can MNOs and Banks Work Together?

One of the major themes running through the mobile money discussions at was how mobile money creates an intersection of banking and MNO (Mobile Network Operator) services. The big question to come out of this is, ‘Can the banks and the MNOs work together or are they competitors when it comes to mobile money?’

Travel Budgets in Africa and Middle East Set to Increase According to Visa Global Travel Intentions Study 2013

Visa’s latest Global Travel Intentions Study 2013 shows that four of the top five biggest spenders hail from emerging markets.  Saudi Arabia leads the global pool of countries with the highest average spend per trip of US$6 666 while Australian US$4 118 and Chinese travellers US$3 824 were not far behind.  Brazil ranked fourth amongst the