Archive for the ‘Banking & Financial Services’ category

BRICs economist Jim O’Neill invests in Nigerian mobile payments company

O’Neill backs Paga as “the number one way to pay and get paid in Nigeria”.

Carlyle private equity fund eyeing investments linked to emerging middle class

The Carlyle Group has seen greater than expected investor interest in a fund focused solely on sub-Saharan Africa.

Meet the Boss: Eline Blaauboer, managing partner, TBL Mirror Fund

After its success on a small scale, private equity fund manager would like to work with more businesses.

‘Mobile money has moved from this new thing into an industry,’ says MasterCard

Some 70% of world’s active mobile money users are in sub-Saharan Africa.

Meet the Boss: Ashok Shah, CEO, Apollo

“You cannot get rich very quickly,” says Kenyan insurer.

East Africa ‘has all the ingredients for private equity’

TBL Mirror Fund looking to “buy into the growth story” of entrepreneurial businesses.

Ashok Shah’s tale of winning in the insurance game

After almost four decades in the industry, Kenya’s Apollo has seen its ups and downs.

Ethiopia – cracking the local code

Anna Rosenberg shares her insights on business potential in Ethiopia.

What investors think about private equity in Africa

A report shows investors are increasingly willing to back African-focused private equity funds.

Is South Africa still considered the gateway into Africa? Yay or nay?

KPMG economist talks about South Africa’s value as an entry point for business in Africa.

African firms eye London Stock Exchange to raise capital

“Companies are no longer limiting capital-raising options solely to their home jurisdictions.”

Seeing investment opportunities in post-war Liberia and Sierra Leone

The West Africa Venture Fund hopes to stimulate economies affected by years of conflict.

Sub-Saharan Africa: A major potential revenue opportunity for digital payments

Sub-Saharan Africa offers tantalising potential for mobile financial services, but as yet there have been few success stories.

No business is too small for a proper budget

Thorough budgeting is beneficial to a business as it clearly impacts on its long-term growth prospects.

Entrepreneur left his banking job to launch mobile money product

The MPAYER product enables businesses to manage their financial and transaction systems more efficiently.