Archive for the ‘Banking & Financial Services’ category

Study: Weather-based insurance benefits farmers

A new study shows that weather-based insurance will help smallholder farmers to withstand the effects of climate change and market shocks.

Factors private equity firms consider when investing in African mining

Private equity industry experts discuss what they consider when looking at potential mining deals.

Aggressive strategy required to reduce the unbanked in Nigeria – but possible

Nigerian banking continues to face significant headwinds – in relation to both revenue and costs.

Meet the Boss: Ismail Ahmed, founder, WorldRemit

“Coming across sceptics in professional life can actually be more useful than advice. It makes me work even harder towards my vision.”

Meet the Boss: Jannie Mouton, founder, PSG

“Thinking back, my biggest lesson was back when I was fired because I was too relaxed and too sure of myself.”

Five reasons to be upbeat about Africa’s insurance industry

Elmehdi Amid, a senior analyst at Infomineo, highlights five realities supporting the idea of a booming African insurance market.

Why a new fund is targeting intra-Africa trade

COMESA is set to see up to US$1bn injection with new trade finance fund.

What Bitcoin could mean for remittances in Africa

Could Bitcoin help curb Africa’s loss of US$1.8bn annually in remittance fees?

Why a South African law firm is accepting Bitcoin as a payment option

Thomson Wilks is now accepting the crypto-currency Bitcoin as a form of payment from its clients.

US private equity firm Carlyle bullish about Nigeria

Carlyle recently made a $147m investment in Nigeria’s Diamond Bank.

Payments company adapts business model to reality of African market

Skrill’s emerging market model will be launching in Côte d’Ivoire, Rwanda and Tanzania in the next few weeks.

Why M-Pesa’s Kenya business model had to be altered for South Africa

Herman Singh explains why M-Pesa’s Kenyan model failed in South Africa in 2010, and why the revamped version will succeed.

Unpacking credit card usage in Africa

Credit card usage in Africa trails other continents significantly.

New Kenyan ‘thin SIMs’ poised to transform African mobile money

Equity Bank is rolling out its own mobile network using a new paper-thin SIM card that sits on top of an ordinary SIM.

How Standard Chartered is using smartphones to understand Nigeria’s economy

Accurate market data is often hard to come by in many African countries.