It is clear that technology is changing the landscape of financial services in rural Africa, says KPMG...
8 Aug 2017
Nigeria's central bank announced it was stopping the direct sale of US dollars to bureaux de change to protect the under-pressure naira...
13 Jan 2016
WesBank, the provider of secured finance to the retail and corporate markets, and the National Automotive Council (NAC) of Nigeria have signed a memorandum of understanding whereby WesBank will offer its services to clients. The agreement aims to stimulate the sale of locally assembled vehicles in Nigeria.
21 Oct 2014
South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.
12 Jun 2014
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.
19 Feb 2014
Though FirstRand suffered some setbacks in its African growth strategy‚ it remains committed to growing its presence in the rest of the continent through greenfields operations or small acquisitions.
Gillian Jones 11 Sep 2013
E-commerce in Africa has grown dramatically over the past year, says Robin Philip of payment services provider PayGate, and is now in a position to support the massive consumer boom that's happening across the continent.
2 Jul 2013