Banking & Finance

Africa leads global mobile money market

Mobile Money Services - Development Planning Unit University College London - FlickrA study by Juniper Research points to Africa as the global leader for mobile money transactions and forecasts the industry’s worldwide annual revenue to grow to US$4bn by 2018

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Renewing the core – the FCMB story

Infosys-Finacle-FCMB-Africa-bankingAs African banks look to expand across the continent, the consolidation of systems and processes is fast becoming a priority

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New international bank starts operations in Somalia

Premier Bank Launch - Premier BankPremier Bank in Mogadishu held its opening ceremony in the presence of numerous government officials, including President Hassan Sheikh Mohamud

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Mobile money transfer deal signed in Rwanda

Currency Exchange - epSos .de - FlickrMTN Rwanda and Western Union have started a new service that will allow remittances from abroad using MTN subscribers’ mobile phones

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Ecobank shows strong performance in 2014

Emmanuel Ikazoboh - EcobankEcobank Transnational Incorporated, parent company of the Ecobank Group, has ended the year ended 31 December 2014 with US$24.2bn in total assets and US$2.7bn in equity

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