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University of Cape Town launches first Fintech Degree in Africa
South Africa’s financial services industry faces a significant challenge:...
What is the value of investing in Nigeria?
Active managers in Africa and frontier markets have to...
Facebook Africa gears up for Creative Week at #Loeries2017
Facebook is once again throwing its full support behind...
Angonix ranked top 3 Internet Exchange Point in Africa
Angonix, an Internet Exchange Point (IXP) based in Luanda,...
Foreign investment in Africa’s hospitality sector rises
The hospitality sector in Africa’s emerging markets looks set...
Emira Property Fund reports total dividend of 143.18 cents per share
Emira Property Fund today, 16 August 2017, reported a...
Lagos to experience 16% fewer airline seats on domestic routes
An analysis of seat capacity for travel to the...
New Angolan beverage plant approved for development
A company formed by Sun Ocean Holdings Ltd., a...
MTN Foundation donates ZAR250 000 to Tshwaranang Legal Advocacy Centre
MTN SA Foundation has donated ZAR250 000 to Tshwaranang Legal...
Infrastructure Africa encourages unity through regional projects
Intra-African trade sits at around 11% and if Africa...

Banking

Union Bank unveils new digital banking platforms

Thursday, July 27th, 2017

Union Bank unveils new digital banking platforms

Union Bank unveiled digital banking platforms at an interactive media event on 26 July 2017 at the Heritage Place, Ikoyi, Lagos, Nigeria. The new solutions include amobile banking app  UnionMobile and *826#, a unique USSD code which will allow customers perform banking transactions through short code messaging on their mobile phones. The Bank also revealed

WesBank: cost of motoring on the rise despite interest rate cuts

Saturday, July 22nd, 2017

WesBank: cost of motoring on the rise despite interest rate cuts

New data from WesBank shows that the overall cost of motoring is still on the rise, despite recent cuts to interest rates and fuel prices, as well as a slowdown in vehicle price inflation. The monthly mobility...

e4 nominated for an African FinTech award

Tuesday, July 18th, 2017

e4 nominated for an African FinTech award

Software as a Service company, e4, has been nominated for an African FinTech award. Featured in the innovative banking category, e4 is being recognised for its disruptive banking solution, Virtual Identity, which digitally enables the FICA process...

DTB, Mastercard partner to enhance digital payments in Kenya

Friday, July 7th, 2017

DTB, Mastercard partner to enhance digital payments in Kenya

Diamond Trust Bank Kenya (DTB) and Mastercard have announced their partnership to roll-out the DTB Masterpass QR app in Kenya, a mobile payment solution that will enable millions of businesses to accept fast and secure digital payments from consumers....

Afreximbank AGM opens with discussion on regional integration

Thursday, June 29th, 2017

Afreximbank AGM opens with discussion on regional integration

Activities marking the 24th Annual General Meeting of the African Export-Import Bank (Afreximbank) opened today in Kigali with Claver Gatete, Minister of Finance and Economic Planning of Rwanda, calling for the building of regional value chains which...

Standard Bank launches world’s first Africa China Banking Centre

Wednesday, June 28th, 2017

Standard Bank launches world’s first Africa China Banking Centre

Standard Bank has opened the world’s first dedicated Africa China Banking Centre (ACBC) at its Simmonds Street offices in Johannesburg, South Africa.  The Centre will look to provide a long-awaited platform to link African and Chinese clients...

How Artificial Intelligence will disrupt Africa’s banking industry

Tuesday, June 27th, 2017

How Artificial Intelligence will disrupt Africa’s banking industry

Artificial Intelligence gets a bad rap in pop culture. Movies like Terminator (with its rebellious Skynet) and 2001 (with its murderous HAL 9000) portray a future where the robots get smart, and conclude that it is in...

Madagascar officially joins Afreximbank Bank

Tuesday, June 27th, 2017

Madagascar officially joins Afreximbank Bank

Madagascar has become the latest country to join the African Export-Import Bank (Afreximbank) as a participating state, according to information released by the continental trade finance institution. Béatrice Jeanine Atallah, Minister of Foreign Affairs of Madagascar, formalized...

Afreximbank issues $750 million notes under EMTN Programme

Friday, June 23rd, 2017

Afreximbank issues $750 million notes under EMTN Programme

The African Export-Import Bank (Afreximbank) has successfully closed a $750 million note under its Euro Medium Term Note programme. Afreximbank closed the seven-year Regulation S (Reg S) only notes on 13 June, priced at a spread of...

Technology alone will not determine success of banking sector

Wednesday, June 21st, 2017

Technology alone will not determine success of banking sector

Digital technology is reshaping the banking and insurance sectors at an unprecedented rate. Basic transactions in traditional banking continue to migrate from physical to digital channels and banks downsize their branch networks. In the insurance space, customers...

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