BankingFeaturedSterling Bank adds new lending feature to its digital banking platformWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 Ajo Scheme is the digital construct of Ajo, Esusu and Adashe... Read more
BankingFeaturedDeutsche Bank branch closure could see 450 people lose their jobWebAdminFebruary 26, 2021 by WebAdminFebruary 26, 2021 The bank is also planning to eliminate 20% of its workforce in a four-year restructuring plan... Read more
BankingFeaturedTanzanian banking sectors shows resiliencePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country has about 50 banks with approximately 840 branches including 23,500 agents... Read more
BankingFeaturedGoogle, EIF to offer $75 mn funding for SMEs in LatamInternational Finance Business DeskFebruary 18, 2021February 19, 2021 by International Finance Business DeskFebruary 18, 2021February 19, 2021 The funds are a part of an $800 million initiative designed to cope the coronavirus pandemic... Read more
BankingFeaturedKenya plans to switch its base currency to bitcoinInternational Finance Business DeskFebruary 15, 2021 by International Finance Business DeskFebruary 15, 2021 The central bank governor believes that bitcoin could actually help to fight the depreciating shilling... Read more
BankingFeaturedEcobank Transitional appoints Herve S. Assah as non-executive directorPritam BordoloiFebruary 11, 2021 by Pritam BordoloiFebruary 11, 2021 Mr Herve S. Assah has served in senior positions for more than two decades at the World Bank and has been managing partner of Aequaria Capital... Read more
BankingFeaturedAmerican Express, Access Bank join forces in NigeriaInternational Finance Business DeskFebruary 5, 2021 by International Finance Business DeskFebruary 5, 2021 The partnership will also allow American Express cardholders to use their cards across merchant locations across the country... Read more
BankingFeaturedKenya seeks to tighten regulatory reign over digital paymentsInternational Finance Business DeskFebruary 2, 2021 by International Finance Business DeskFebruary 2, 2021 t Safaricom controls 98% of the country’s mobile money market, while Airtel Money and other money providers account for just 1.2%... Read more
BankingFeaturedAhli United Bank: A prominent community-based role in 2020International Finance Business DeskJanuary 27, 2021 by International Finance Business DeskJanuary 27, 2021 The bank has has continued its efforts in supporting the community through its unique corporate social responsibility programme... Read more
BankingFeaturedSurge in Kenya’s mobile money impacts banksInternational Finance Business DeskJanuary 26, 2021 by International Finance Business DeskJanuary 26, 2021 It is reported that nearly 20.5 million people use M-Pesa... Read more