Archive for the ‘Banking & Financial Services’ category
Will we be seeing slower growth in remittances to Africa?
The last decade saw a strong growth in remittances into sub-Saharan Africa. Remittances are estimated to reach close to US$30 billion in 2015.
New exclusive banking service for Kenya’s rich
“Our aim is to bring exclusivity back to banking.”
BofA Merrill Lynch regional head talks about Africa’s business environment
Leslie Maasdorp shares his thoughts on the challenges that Africa needs to address.
Standard Bank sees potential in lending to Africa’s informal businesses
“If we want to be a relevant bank in Africa, we have to look to banking people who are self-employed and running small businesses.”
Ethiopia – Africa’s next mobile banking gold mine?
Ethiopia is one of the few remaining African countries to introduce mobile banking. With the booming economy and a population of 80 million this country could be the next gold mine for mobile banking companies.
What is driving the growth of financial services in Africa?
Africa’s growing consumer base and total purchasing power offers considerable opportunities in the financial services sector.
South African insurance company partners with Airtel to distribute products
Mobile network operator Bharti Airtel this week announced that it has entered into a strategic agreement with Sanlam, a South African-based financial services group.
Meet the Boss: Passwell Shapi, capacity development director, AGF
“My personal belief is that you can’t succeed in life if you don’t worry about tomorrow,” says Passwell Shapi.
South African insurers targeting Africa for growth and margins
Leapfrog, Sanlam and Old Mutual are a few South African insurance giants that have recently announced insurance acquisitions into African markets.
A new plan to finance Africa’s SMEs
“SMEs face challenges in accessing finance because they largely lack collateral which banks ask for.”
Barclays rethinks its Africa strategy
In a statement released by Absa yesterday, the South African bank announced that UK banking giant Barclays is looking at combining the majority of its operations in Africa with its Absa subsidiary, in line with its strategy to operate as ‘One Bank’ across the continent.
Competition in micro-lending industry fast increasing, says Letshego MD
How we made it in Africa asks Jan Claassen, the group managing director at Letshego Holdings, about the role of micro-lending in Africa today.
‘There is a lot of optimism in the air,’ says FNB Mozambique CEO
Mozambique has transformed from a basket case to one of the world’s most rapidly expanding economies, with growth expected to average around 8% a year.
Africa – home to world’s leading entrepreneur
CEO and managing director of Kenya’s Equity Bank, James Mwangi, was this month awarded the Ernst & Young World Entrepreneur of the Year for 2012.
Formal financial inclusion still eludes 76% of adults in sub-Saharan Africa
The Global Findex reveals the gap between Africa and the developed world with regard to penetration levels of banking services and hence the potential laden in the continent’s financial services industry.
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Looking to enter Francophone Africa? Why Senegal might be a good option
at May 24th, 2013 -
Six things business people should know about Ghana
at May 16th, 2013 -
Kenya’s peaceful election should boost business confidence
at May 9th, 2013 -
Tenacity required to succeed in the Nigerian market
at May 2nd, 2013
