Kenya Commercial Bank (KCB) has signed up 1.8mn subscribers for its mobile phone-based banking services, according to the bank’s chief financial officer Lawrence Kimathi
Finance
Ecobank Transnational to get a new group CEO
Ecobank Transnational Incorporated has appointed Ade Ayeyemi as the new group CEO, and his new role is effective 1 September 2015
FDI values in Africa hit five year high
The 2015 Africa attractiveness survey conducted by Ernst and Young (EY) revealed that foreign direct investment (FDI) into Africa reached US$128bn, up 136 per cent in 2014
First consumer credit card launched in Nigeria
The Central Bank of Nigeria, O3 Capital Nigeria Limited and Game Stores have collaborated to introduce the first consumer credit card in the West African nation
Egyptian tech firms expand footprint in Africa
Egypt’s Information Technology Industry Development Agency (ITIDA) has set out a number of partnership protocols and concluded business agreements worth US$7mn in six African countries