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 Banks
New digital bank called Sparkle launches in Nigeria
Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie...
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...
Kenya’s NCBA Bank to partner with Chinese fintechs
The bank aims to boost Sino-Africa trade by facilitating financial transactions with China...
South Africa’s Absa eyes China as part of Asia expansion
The lender is seeking to create a diverse portfolio across businesses and countries...
Equity to get Sh13 bn discount on Atlas Mara acquisition in Africa
It will acquire four banks in Rwanda, Zambia, Tanzania and Mozambique...
NCBA Group to begin rationalisation of branches
The new shares of the combined entity are expected to trade by the end of October...
Union Bank of Nigeria gets $200 mn to fund SMEs, entrepreneurs
Part of the $200 mn funding from OPIC will be used to drive digitalisation...
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates...