Banking & Financial Services

Running a thriving money transfer business from Somalia

Published by Jaco Maritz on 5 October 2010

Somalia, a country that has over the years mostly made headlines for violent civil unrest and piracy, is an unlikely birthplace for one of Africa’s largest money transfer companies.

Citigroup involved in Africa trade finance transaction

Published by Staff Writer on 3 October 2010

US-based financial services company, Citigroup, has partnered with the AfDB Group and the IFC to provide US$175 million in trade financing for exporters and importers in Africa.

Case study: Tackling microinsurance in Zambia

Published by Mark Napier on 30 September 2010

In an extract from his book Real Money, New Frontiers, Mark Napier looks at how Zambia’s MLife established its microinsurance business.

Large-scale agriculture operations should recognise the interests of small-scale farmers.

Interview: Financing cocoa in Ghana

Published by Staff Writer on 25 September 2010

Stanbic Bank Ghana this week confirmed that a record number of commitments have been secured for Ghana Cocoa Board’s 17th annual pre-export finance facility.

Banking sector uncertainty continues to plague Nigeria

Published by Imara Africa Securities team on 21 September 2010

The major driver of Nigeria’s stock exchange, the banking sector, has continued to wallow in the doldrums, steadily heading lower and lower.

Mobicash to provide mobile payment services in Namibia

Published by Staff Writer on 5 September 2010

The Bank of Namibia has granted Mobicash Payment Solutions permission to provide mobile payment services in the country.

Making financial services work in rural Tanzania

Published by Mark Napier on 3 September 2010

Mbinga Community Bank is a small microfinance bank in a remote part of Tanzania, but Mbinga District’s geography is only one of the bank’s operating challenges.

Sim Tshabalala, chief executive of Standard Bank South Africa

‘Africa needs to negotiate best deals for itself’

Published by Staff Writer on 1 September 2010

Africa has plenty to gain from the growing involvement of China and other BRIC nations in trade and investment on the continent, says Sim Tshabalala, chief executive of Standard Bank South Africa.

HSBC close to a deal for controlling stake in South African bank

Published by Staff Writer on 23 August 2010

HSBC is set to win the auction for a controlling stake in Nedbank, South Africa’s fourth-largest lender.

Central Bank of Nigeria Governor, Lamido Sanusi

Analysis of bids for four Nigerian banks finalised

Published by Staff Writer on 18 August 2010

Advisors have finished analysing bids received for four of Nigeria’s troubled banks. Analysis of bids for the five remaining banks is expected to be concluded by the end of the month.

Absa’s Nigerian office ‘not a late entry’

Published by Claude Harding on 9 August 2010

South Africa-based bank Absa is opening a representative office in Nigeria in a move CEO Maria Ramos says is not a late entry into Africa’s most populous nation.

Private equity fund invests in three Ecobank subsidiaries

Published by Staff Writer on 4 August 2010

The Ecobank Group has announced that it has reached an agreement with Advanced Finance & Investment Group for an investment of US$14 million in three of its subsidiaries.

Banking on Kenya’s women

Published by Dinfin Mulupi on 2 August 2010

When a group of ambitious professional women set up the Kenya Women Finance Trust in 1981, they had no idea that it would one day grow into a financial services giant.

Portuguese lender eyeing Mozambique’s Moza Banco

Published by Staff Writer on 29 July 2010

Banco Espirito Santo SA, Portugal’s largest publicly traded bank by market value, has signed a memorandum of understanding to acquire a 25% stake in Mozambique’s Moza Banco SA.

Banking & Financial Services

Running a thriving money transfer business from Somalia

Citigroup involved in Africa trade finance transaction

Case study: Tackling microinsurance in Zambia

Interview: Financing cocoa in Ghana

Banking sector uncertainty continues to plague Nigeria

Mobicash to provide mobile payment services in Namibia

Making financial services work in rural Tanzania

‘Africa needs to negotiate best deals for itself’

HSBC close to a deal for controlling stake in South African bank

Analysis of bids for four Nigerian banks finalised

Absa’s Nigerian office ‘not a late entry’

Private equity fund invests in three Ecobank subsidiaries

Banking on Kenya’s women

Portuguese lender eyeing Mozambique’s Moza Banco

The entrepreneur exporting Tanzania’s agricultural products to Europe

Ghanaian CEO shares lessons from building a retail business

Ghana: From side hustle to 16 stores – a retail entrepreneur’s story

Building an investable and scalable business in Kenya: Founders share their thoughts

Entrepreneur spots opportunity in Nigeria’s informal retail market

DRC could be lucrative market for Zambia and other neighbours

Tanzania: From rejections to $40m – an entrepreneur’s rocky road to success

Ghana: Profiting from local rice production

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