Bank of Africa to launch a new innovative offering for South to North money transfers
In order to do so, it has partnered with Sopra Banking Software (SBS)...
Tag : African banking
The Access Bank UK Ltd: Winner of International Finance Awards 2019
The Access Bank UK is doing outstanding work in boosting trade between UK, Africa and the MENA region through its award-winning trade finance services...
South Africa reduces cheque limits to boost the use of B2B epayments
Checks can be written below $3,500 to encourage businesses to utilise more epayment options...
Why Kenya needs fewer banks
Around 80 percent of the profits made by the Kenyan banking sector go to the top five to six banks...
Kenya’s National Bank gets a Sh5bn lifeline from KCB Group
With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
Oliver Alawuba named as the new CEO of UBA Africa
UBA Africa now serves over 19 million customers across the continent...
Vodafone to turn M-Pesa into a bank to target Africa’s unbanked
Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue...
CIB to become first Egyptian bank in Kenya with Mayfair acquisition
CIB hasidentified Tanzania and Uganda as potential markets for its Africa expansion...
Kenyan banks outperform Nigerian counterparts
According to Moody’s report, technology helped Kenyan banks to be more efficient...