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African ICT Infrastructure Fund closes at $200 million

Convergence Partners announced the successful close of its Convergence Partners Communication Infrastructure Fund (CPCIF), with capital of over $200 million, making it one of the largest funds dedicated solely to ICT infrastructure in Africa...

29 Jul 2015 14:00

Traditional African financial services need to reassess strategies

Advanced technology is increasingly shaping Africa's financial sector. While the sector is mature in most developed countries, it is less saturated in Africa, therefore offering many opportunities for new market entrants to challenge the status quo of how business has traditionally been conducted...

28 Jul 2015 09:48



Advancing technology shaping financial services in Africa

As a result of advancing technology which is fueling innovation and growth, the financial services industry in Africa is rapidly evolving...

27 Jul 2015 13:17

Mobile survey informs Global Entrepreneurship Summit

GeoPoll the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business owners...

24 Jul 2015 14:42

Potential new bill to introduce changes in tax administration for businesses

Businesses which overpaid tax to the Kenya Revenue Authority will have one year to apply for refunds if the new Tax Procedures Bill 2015 is signed into law.

24 Jul 2015 12:19

Should SMEs invest in long term assets?

Could you be too ambitious in your plan to invest in long term assets in your small business?

By Richard Mungai 23 Jul 2015 14:11

InstantMoney now in Botswana and Uganda: Namibia to follow

Standard Bank has expanded its InstantMoney payment solution to Botswana and Uganda, with Namibia to follow...

22 Jul 2015 11:05

Credit reference bureaus will increase your chances of getting a bank loan

You should maintain a good borrowing record for your business, because banks are now lending money by looking at the credit scores of borrowers.

21 Jul 2015 09:54

New app will allow SMEs to buy government bonds

Small and medium enterprises in Kenya will be able to save and invest in government bonds with just Ksh3,000 via a mobile phone platform...

20 Jul 2015 09:18

Diversify your savings, investments...But where?

Investing for the future is akin to a bird laying many eggs. Most of us aspire to start up businesses of our own, save and live a good life. However, few of us really know where...

By Julius Masaba 14 Jul 2015 13:27

African insurers must innovate to attract digital consumers

Insurers who are able to innovate when it comes to the design and delivery of products and services will not only be fostering greater loyalty amongst their consumers, but they will also be helping to change...

14 Jul 2015 14:29

3G Direct Pay certified PCI compliant

Pan-African premier solution for online and mobile payments, 3G Direct Pay Limited, has been certified as compliant with the security standards of the Global Payment Card Industry...

13 Jul 2015 15:51

Killing two birds with one stone

In securing the Above the Line (ATL) business of a client in Africa, and a major local client, Switch has a launched itself squarely into the advertising space...

By Danette Breitenbach 2 Jul 2015 14:18

Can Africa fund its own growth?

Despite witnessing exceptional growth in development finance in recent years, Africa is still faced with the arduous task of mobilising adequate resources to fund its growth and future transformation agenda...

By Tonderayi Mukeredzi 24 Jun 2015 07:03

Nomanini scales West African footprint

Nomanini has announced it has signed an exclusive agreement with Transactions Solutions Ghana Limited to substantially scale numbers of its cloud-based PoS terminals in Ghana.

23 Jun 2015 12:41

Cameroon has investment opportunities

Cameroon is one of Africa's best-kept secrets. The investment opportunities are wide open - from agriculture and renewable energy to retail developments, believes Africa strategy advisor for Moore Stephens, Jeff Blackbeard, who recently met with Cameroonian Prime Minister, Philémon Yang...

17 Jun 2015 13:46

SimbaPay launches M-Pesa Paybill service

SimbaPay has launched a product that allows Kenyans living abroad to make M-Pesa PayBill payments. This is a new addition to the existing SimbaPay platform...

11 Jun 2015 13:02

Innovative tax return system expands to Namibia with PwC

Having integrated with SARS eFiling in 2014, TaxTim is now expanding beyond South Africa to assist Africans further up the continent with its tax technology...

5 Jun 2015 11:21

MasterCard becomes first international payment network to enter Somalia

As a result of the partnership, Premier Bank will now issue and accept the first MasterCard-branded payment cards in Somalia, a country which hasn't had any form of formal banking service since the collapse of the government...

3 Jun 2015 13:48

Nigeria's new president faces uphill task of making economic growth benefit all

The Nigerian economy grew at an average of 6.8% a year over the past decade, placing it among the fastest growing countries globally. But only about 25% of Nigerians have benefited from this growth...

By Stephen Onyeiwu 1 Jun 2015 08:47

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