Access Bank Plc has secured approval of the Securities and Exchange Commission (SEC) to proceed with plans to raise N52.6 billion in a share sale as it pursues expansion and a stronger cash reserve. Access Bank Plc, with operations in eight other countries, will be selling shares to existing shareholders by way of Rights Issue
Zambian airtime distributor StreetCred (Zambia) Ltd. secured an exclusive partnership with Nomanini – a South African-based mobile point of sale service that specialises in facilitating cash transactions in informal markets. Vahid Monadjem, CEO of Nomanini, comments: “We have been working with StreetCred for the past nine months or so, trialing and increasing the number of
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