Banking & Finance
Sombank selects Temenos cloud technology for digital Islamic banking services in Somalia
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Sombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to accelerate its digital transformation and create innovative products to increase access to financial services in Somalia
Standard Chartered and Airtel Africa to drive financial inclusion
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Standard Chartered Bank and Airtel Africa have announced a strategic collaboration to drive financial inclusion across important markets in Africa by providing customers with increased access to mobile financial services
Access Bank Nigeria announces takeover of Cavmont Bank Zambia
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Access Bank (Zambia) Limited (ABZ), subsidiary of Access Bank Plc, has entered into a definitive agreement with Cavmont Capital Holdings Zambia Plc (CCHZ) regarding a proposed acquisition of Cavmont Bank Limited (Cavmont Bank), a subsidiary of CCHZ and subsequent merger of Cavmont Bank's operations into ABZ
Access Bank of Nigeria set to enter Kenyan market
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Access Bank of Nigeria PLC has announced the final acquisition approval of Kenya-based Translational Bank PLC
European Investment Bank approves US$18.9bn for COVID-19 relief and economic resilience
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The European Investment Bank (EIB) has approved US$18.9bn for projects across Europe, Africa, Asia and Latin America
- Crown Agents Bank and Paycode pair up to better serve African unbanked
- IFC invests in Nigeria’s Zenith Bank to support SMEs
- Banking sector urged to go digital to build sustainable growth post COVID-19
- Central Bank of Nigeria resumes sale of foreign exchange
- MEA banks are strongest believers in a cashless society, says Temenos survey
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