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UnionPay International signs strategic memorandum of understanding with GIM-UEMOA

A partnership between UnionPay International and GIM-UEMOA will see GIM-UEMOA become an UPI acquirer and processing service provider to financial institutions in the West African Economic and Monetary Union, UEMOA zone...

Issued by UnionPay International 21 Jul 2016

Namibia joins Africa's mobile phone banking boom

Namibia is among the few African countries with money account penetration greater than 10%, a study done by rating agency Moody's Investors Service said. Namibia's penetration is 48%...

10 Feb 2016

Shine a light on the gaps

Agriculture forms the backbone of African economies. A majority of the continent's farmers earn their living on small plots of less than two hectares...

By Ngozi Okonjo-Iweala and Janeen Madan 21 Jan 2016

MTN Cote d'Ivoire secures local mobile services

MTN Cote d'Ivoire has announced partial payment of the country's new telecommunications operators unified license cost to the Government of Cote d'Ivoire...

28 Dec 2015

Nigeria triples investment in 2016 budget

Nigerian President Muhammadu Buhari unveiled on Tuesday, 22 December, a budget that triples investment spending in a bid to stimulate growth and lower the dependence of Africa's largest economy on oil...

24 Dec 2015

Nigeria to host RemitAfrica2015

MobileMoneyAfrica will host the RemitAfrica conference in Nigeria, Africa's largest remittance nation, from 4-5 November 2015...

26 Aug 2015

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

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

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

Accurate financial reporting is critical for Nigeria's growth

Nigeria's Gross Domestic Product (GDP) has expanded 5.94% in the fourth quarter of 2014 compared to the same quarter of 2013...

26 May 2015

Burkina Faso bank chief arrested for embezzlement

OUAGADOUGOU: The head of one of Burkina Faso's largest banks has been arrested on suspicion of having embezzled billions CFA francs, a source close to the investigation said.

11 May 2015

Nigeria borrows to pay salaries with cash crunch worsening

ABUJA: A cash shortage caused by low oil prices has forced Nigeria to borrow heavily through the early part of 2015, with the government struggling to pay public workers, officials said on Wednesday, 6 May...

8 May 2015

West African countries attend BRVM investment days

The regional stock exchange Bourse Régionale des Valeurs Mobilières (BRVM) has expressed its satisfaction with the success of the second edition of its BRVM investment days, held on 28 April at the London Stock Exchange...

30 Apr 2015

UBA Cameroon wins Prepaid Innovative Product of the Year award

The United Bank of Africa (UBA) Cameroon has won the Prepaid Innovative Product of the Year award at the Prepaid Summit Middle East event which was recently held in Dubai...

16 Apr 2015

African real estate attracts increased foreign investment

Africa's demographic growth prospects and the consequent opportunities in real estate are increasingly attracting international investors...

1 Apr 2015

Female millennials are the most confident and ambitious of any female generation

New PwC survey dispels myths about women and work...

5 Mar 2015

Email scam nets $214m in 14 months: FBI

WASHINGTON, US: An email scam, which targets businesses with bogus invoices, has netted more than $214m from victims in 45 countries in just over one year...

23 Jan 2015

Depth of Africa coverage improves

Coverage of the rest of Africa in our media provides an interesting gauge of our relationship with the continent since our borders opened up 20 years ago...

By Anton Harber 5 Dec 2014

AUIIF an opportunity to debate infrastructure development

Angola will host the Africa Urban Infrastructure Investment Forum (AUIIF) early next year...

12 Nov 2014

Austria Card launches Nigerian ID credit card

Austria Card has produced and shipped the globally first ID-card with a payment functionality to the Nigerian government, thus pushing the entire industry one step further to convergent card products.

3 Nov 2014

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