Banking & Finance

Barclays likely to expand presence in Africa

barclays-roger-flickrBanking major Barclays Africa Group Ltd., has revealed that it is in talks to buy its parent company’s operations in Egypt and Zimbabwe, expand in Nigeria too

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M-PESA payment settlements to become faster in Kenya

Mobile Money Transfer - Erict19 - FlickrSafaricom and Standard Chartered have launched a new service in Kenya that will allow M-PESA merchants to settle their M-PESA deposits within seconds

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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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