Banking & Financial Services

Interview: Why FNB decided to enter the Tanzanian market

Published by Jaco Maritz on 5 August 2011

South Africa’s FNB recently started with operations in Tanzania. How we made it in Africa asks CEO Richard Hudson about how the bank plans to crack this new market.

Eight Zimbabwean banks in unhealthy positions

Published by Staff Writer on 26 June 2011

The Zimbabwe Independent reports that eight of the country’s banks are struggling due to the depressed economy.

Why Standard Bank’s head of agric banking decided to relocate to Nigeria

Published by Jaco Maritz on 24 June 2011

“The move was based on the market growth opportunity that exists in West Africa, and Nigeria specifically.”

Time is getting short to invest in African financial services

Published by Femi Adewunmi on 23 June 2011

Companies looking to enter Africa’s financial services space need to move quickly as the window of opportunity is rapidly closing.

Around 18% of South Africans now use their mobile phones to transfer money.

Mobile banking catching on in South Africa

Published by Jaco Maritz on 5 June 2011

Close to 2 out of every 10 South Africans are now using their phones to transfer cash to family and friends.

Nigerian banks forced to establish agric desks

Published by Staff Writer on 30 May 2011

In an effort to boost lending to the agriculture value chain, the Central Bank of Nigeria (CBN) has ordered commercial banks to establish agricultural desks within six months.

Zimbabwe: Foreign banks told to comply with empowerment laws

Published by Staff Writer on 15 May 2011

Foreign-owned banks operating in Zimbabwe, including Barclays Bank, Standard Chartered Bank and Stanbic Zimbabwe, could face “punitive measures” if they fail to transfer majority shareholding to black Zimbabweans.

The emergence of African cross-border banks, and the new risks they hold

Published by Imara Africa Securities team on 15 May 2011

While the continent has had a long presence of international banks, the emergence of Africa-based regional lenders has significantly increased cross-border banking activity.

Kenyan banks prepared to pay more for top talent

Published by Staff Writer on 12 May 2011

Kenyan banks are paying more to attract, and keep, top talent.

Nigeria’s entrepreneurial spirit addictive, says Stanbic IBTC boss

Published by Claude Harding on 3 May 2011

Chris Newson, CEO of Stanbic IBTC Bank says the Nigerian people’s entrepreneurial spirit and energy are “incredibly addictive and powerful”.

Three Nigerian banks to announce recapitalisation deals

Published by Staff Writer on 22 March 2011

Business Day reports that three of the nine Nigerian banks that were rescued in a bailout in 2009 will announce recapitalisation agreements with investors in the next week.

FirstRand in talks to buy Nigerian bank

Published by Staff Writer on 16 March 2011

Reuters reports that South African banking group FirstRand is in advanced talks with Nigeria’s Sterling Bank over making a strategic investment in the lender.

Visa to target East African market with new Nairobi office

Published by Staff Writer on 14 March 2011

Payment systems provider Visa International has indicated that it plans to open an office in Nairobi.

United Bank for Africa suspends Ivory Coast operations

Published by Staff Writer on 20 February 2011

Nigeria’s United Bank for Africa (UBA) has suspended operations of its Ivory Coast subsidiary due to the political crisis in the country.

Banking & Financial Services

Interview: Why FNB decided to enter the Tanzanian market

Eight Zimbabwean banks in unhealthy positions

Why Standard Bank’s head of agric banking decided to relocate to Nigeria

Time is getting short to invest in African financial services

Mobile banking catching on in South Africa

Nigerian banks forced to establish agric desks

Zimbabwe: Foreign banks told to comply with empowerment laws

The emergence of African cross-border banks, and the new risks they hold

Kenyan banks prepared to pay more for top talent

Nigeria’s entrepreneurial spirit addictive, says Stanbic IBTC boss

Three Nigerian banks to announce recapitalisation deals

FirstRand in talks to buy Nigerian bank

Visa to target East African market with new Nairobi office

United Bank for Africa suspends Ivory Coast operations

How this African-focused investor made her millions

Transforming Lagos into Africa’s Dubai: Akintola Oladejo’s vision for Nigerian real estate

The problem with farming as a side hustle in Ghana

Ghana: Entrepreneur builds rice brand to over $1m in yearly sales

Exporting Zambia’s honey to the US: Interview with agribusiness entrepreneur

Cape Town and Lagos among Africa’s ultra-rich hotspots

Entrepreneurs in Zimbabwe, Ethiopia and Mali taking African superfoods global

Kenyan-built mobile money platform disrupts traditional banks’ hold in Eswatini

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