Posts Tagged ‘bank’

Western Union grows mobile banking business across Africa

With more mobile phone users than bank account holders on the continent, Western Union is focusing its business on mobile banking technology.

Meet the Boss: João Figueiredo, CEO, Único Bank

“I never go to sleep before I have answered every single email I received during the day.”

Africa’s Banker of the Year explains his decision to open a bank in Mozambique

“A lot of people were quite confused with my decision,” says João Figueiredo.

South African firm moves into Nigeria’s insurance market

South African financial services group, Sanlam, has entered into a joint venture with First Bank of Nigeria plc to form a new insurance firm, FBN Insurance Company Limited.

Absa plans IPO for Tanzania’s National Bank of Commerce

South African banking group, Absa, plans to hold an initial public offering for Tanzania’s National Bank of Commerce, in which it has a 55.5% stake, and list it on the Dar es Salaam Stock Exchange.

Renaissance Capital acquires BJM Securities

South Africa-based BJM Holdings today announced the sale of its wholly owned subsidiary BJM Securities to the Russian emerging markets investment bank, Renaissance Capital.

PayPal launched in South Africa

First National Bank (FNB) and PayPal today announced that customers in South Africa can now sell to PayPal’s global customer base.

Mauritian bank announces SA expansion drive

Mauritius-registered AfrAsia Bank today announced the start of an African regional expansion drive, with initial focus on South Africa.