Archive for the ‘Banking & Financial Services’ category

ATMs still have a future in Africa, says Diebold

While mobile payments is leapfrogging traditional financial services infrastructure in Africa, Diebold says there’s still strong growth potential for ATMs.

‘Facebook and online shopping? Yes! But please no internet banking’

Internet-loving Nigerians slow to adopt web banking.

Meet the Boss: Karl Westvig, CEO, AFB

“You can’t build a big business without trusting people.”

AFB’s lending model based on trust rather than collateral

How we made it in Africa speaks to Karl Westvig, CEO of financial services firm AFB.

E-payment start-up SimplePay wants to beat cash in Nigeria

How we made it in Africa interviews the entrepreneurs behind SimplePay.

Why 100m Nigerians could soon have a MasterCard in their wallets

Nigeria’s controversial new MasterCard-branded identity card is a huge coup for the payments company.

Visa pushing for electronic payments in sub-Saharan Africa

Visa boss highlights the need to create awareness on the benefits of electronic payments.

Africa’s M-Pesa mobile payment method debuts in Romania

In a trend reversal, African technology has migrated to Europe.

The cost for banks that ignore mobile wallets would be severe

Banks that don’t connect their clients to mobile wallets risk becoming increasingly irrelevant.

The rise of Africa’s banking champions

There has been a rapid expansion of banking activities across the continent in recent years.

Why Carlyle Group CEO is bullish about private equity in Africa

If there is going to be a great explosion in private equity, it will be in Africa, says David Rubenstein.

US-Africa Summit: Six investment ideas for US firms seeking returns in Africa

Investment perspectives from top business leaders.

‘While the US may be late to the party, it has a lot to offer Africa’

“US companies can do very well in Africa provided they put in the effort to understand the continent’s markets in detail.”

Africa’s local dynamos: Five companies changing the rules of business

These “local dynamos” are winning customers through innovative business models.

Fund manager explains why he is investing in Zimbabwe

“I far prefer to invest in companies where things are dire and the dire scenario is expected to persist.”