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The Islamic Development Bank injects $252.5m into Pakistan's vital projects

IsDB provides $252.5m to support Pakistan's 'green' agenda and anti-Covid drive...

3 Jan 2022

Source: Supplied
Wizkid and Flutterwave launch innovative global cross-border payments platform

Wizkid teams with Flutterwave, Africa's leading payments technology company since 2016, to launch new way to send money globally...

24 Dec 2021

Source: Supplied
The 2022 African banking trends unpacked

Financial industry experts joined the speaker panel at the free-to-attend 2021 Future of Banking webinar earlier this week where they discussed the key 'Megatrends Reshaping Banking in Africa'...

3 Dec 2021

Source: ©Pop Nukoonrat
New financial tribes in banking identified

Three quarters (75%) of global consumers are now more likely to use digital banking in the next few months than before the pandemic...

12 Nov 2021

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FNB named Africa & SA's best SME bank

The Global Finance's inaugural SME Bank Awards has named FNB as the Best SME Bank in South Africa and Africa...

11 Nov 2021

Source: ©supplied. Sello Moloko
Sello Moloko appointed Absa Group Board chairperson-designate

Sello Moloko has been appointed to the Absa Group Limited Board as independent non-executive director and chairperson-designate...

26 Oct 2021

Source: ©Dmitry Kalinovsky
Future-proofing the modern ATM

The modernisation of the ATM through a vendor agnostic approach is being driven by industry-wide initiatives...

By Danette Breitenbach 22 Oct 2021

Chatbots can be utilised to enhance customer experience. PIUS UTOMI EKPEI/AFP via Getty Images
More Nigerian banks are using chatbots to serve customers, but with mixed results

Chatbots are becoming an integral part of service provision around the world. Chatbots are computer programs designed to simulate a conversation...

By Emmanuel Mogaji 27 Jul 2021

Source: Supplied
Banking and payment channels in Africa are showing positive growth

The number of mobile money accounts in Africa passed the half a billion mark in 2020, and the continent accounted for more than 64% of the value of global mobile money transactions...

2 Jul 2021

West African leaders and officials stand for a photo at the Ecowas extraordinary summit on terrorism in Ouagadougou, Burkina Faso. Reuters/Anne Mimault
West African regional bloc adopts new plan to launch single currency in 2027

A group of 15 West African countries have adopted a new road map to launch a single currency in 2027 after its previous plans were derailed by the coronavirus pandemic...

21 Jun 2021

Image source: Getty/Gallo
Nigeria is making progress with financial inclusion: here's how

In developing economies, many people are excluded in various ways from financial services.Including them is necessary for three main reasons...

By Emmanuel Mogaji 20 May 2021

Herbert Wegwe, CEO, Access Bank
Sarb gives Grobank, Access Bank deal the nod

The Prudential Authority of the South African Reserve Bank has approved Access Bank's acquisition of the controlling interest in Grobank...

29 Mar 2021

Bank buildings rise above the business district of Lagos. Banks must effectively communicate the impact of their engagement with women. Tim Graham/Getty Images
How Nigerian banks empower women through corporate social responsibility

Businesses are part of societies and successful businesses can create an environment that benefits their customers, employees, communities and shareholders...

By Emmanuel Mogaji 17 Mar 2021

Tijsbert Creemers, managing director and partner, Boston Consulting Group
Mobile payments will unlock new business for banks in Africa

Mobile payments and other phone-based transactions represent a must-win opportunity for banks in Africa. The estimated market in facilitating payments alone is $500bn...

8 Sep 2020

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