Banking & Finance

African mobile money market to reach US$14.27bn by 2020

Mobile Money - Erik HASH Hersman - FlickrA recent report by MarketsandMarkets has affirmed that the mobile money market in Africa will grow to US$14.27bn in the next five years

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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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