M-PESA, Vodafone’s money transfer technology, now provides customers with the ability to link to an interest bearing savings account and buy insurance via their mobile.
p>M-PESA, Vodafone’s money transfer technology, now provides customers with the ability to link to an interest bearing savings account and buy insurance via their mobile.Banking & Finance
Nigeria creates agency to clean up bad bank debts
Nigerian President Goodluck Jonathan has approved, recently, the creation of a new government agency to buy out bad debts from the banking system.
p>Nigerian President Goodluck Jonathan has approved, recently, the creation of a new government agency to buy out bad debts from the banking system.Arabic bank head visits Uganda
The Director General of the Arab Bank for Economic Development in Africa (BADEA), H.E. Mr. Abdelaziz KHELEF, visited Kampala, capital of the Republic of Uganda, in July 2010.
Wireless connectivity for Egyptian ATMs
Mada Communications and Cairo Amman Bank have finished a trial period during which Mobile ATM Service was launched based on connecting a group of buses that contain ATMs with Cairo Amman Bank network, through Mada broadband network and based on the latest version of Wi-Max technology.
p>Mada Communications and Cairo Amman Bank have finished a trial period during which Mobile ATM Service was launched based on connecting a group of buses that contain ATMs with Cairo Amman Bank network, through Mada broadband network and based on the latest version of Wi-Max technology.US$150mn line of credit to African bank
The Board of Directors of the African Development Bank (AfDB) Group has approved a US$150mn line of credit to Afreximbank. This line of credit will be used to finance trade and trade-related projects across the participating states of Afreximbank in Africa.
p>The Board of Directors of the African Development Bank (AfDB) Group has approved a US$150mn line of credit to Afreximbank. This line of credit will be used to finance trade and trade-related projects across the participating states of Afreximbank in Africa.