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eID card breaks down barrier of financial inclusion
eID card breaks down barrier of financial inclusion

The pilot programme of the MasterCard-branded National eID card was launched on 28 August in the Nigerian capital, Abuja.

1 Sep 2014 10:36

SA Taxi's cash pile opens new frontiers
SA Taxi's cash pile opens new frontiers

South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.

12 Jun 2014 10:21

Sanlam looking to invest in Africa, South-East Asia
Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014 11:02

Sanlam moves into Nigerian insurance market
Sanlam moves into Nigerian insurance market

Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.

19 Feb 2014 13:25

RMB to fund USD182m property development in Nigeria
RMB to fund USD182m property development in Nigeria

Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).

5 Dec 2013 10:17

FirstRand remains committed to growing African presence
FirstRand remains committed to growing African presence

Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.

By Gillian Jones 11 Sep 2013 07:30

Blue Label Telecoms diluted earnings up to 63.19c
Blue Label Telecoms diluted earnings up to 63.19c

Telecommunications operator Blue Label Telecoms on Tuesday (20 August) reported a 3.6% rise in diluted headline earnings per share (HEPS)‚ to 63.19c for the year to May.

21 Aug 2013 08:23

Africa's demand for services growing
Africa's demand for services growing

Growing sophistication in African markets outside SA is creating demand for specialist consultants that bring together clients and communications agencies.

5 Aug 2013 10:08

World Bank provides US$14,7bn to Africa
World Bank provides US$14,7bn to Africa

The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.

1 Aug 2013 09:45

Stanlib to develop malls in Nigeria, Kenya
Stanlib to develop malls in Nigeria, Kenya

Stanlib is planning to open its Stanlib Africa Direct Property Development Fund in May or June, as it seeks to capitalise on Africa's growing retail sector.

26 Mar 2013 08:23

Mobile money could encourage savings
Mobile money could encourage savings

Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion.

By Helmo Preuss 27 Feb 2013 07:33

Fundamo reports mobile financial services growth
Fundamo reports mobile financial services growth

Fundamo, a Visa Inc. company and a global specialist mobile financial service provider, have reported accelerated growth of mobile financial services in Africa. In 2012, Fundamo has launched three new services - FirstMonie with First Bank Nigeria and Celpay with Celpay International in Uganda and Zimbabwe.

13 Nov 2012 10:50

SBV Services expand their operations into Africa

SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.

10 Jul 2012 09:27

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