GeoPoll the Global Entrepreneurship Network and the U.S. State Department released a survey of 1,000 business owners...
Austria Card has produced and shipped the globally first ID-card with a payment functionality to the Nigerian government, thus pushing the entire industry one step further to convergent card products.
The pilot programme of the MasterCard-branded National eID card was launched on 28 August in the Nigerian capital, Abuja.
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.
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.
Rand Merchant Bank (RMB) will jointly fund a major US$182m A-grade office development in Lagos‚ Nigeria‚ the bank said on Wednesday (4 December).
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.
Telecommunications operator Blue Label Telecoms on Tuesday (20 August) reported a 3.6% rise in diluted headline earnings per share (HEPS)‚ to 63.19c for the year to May.
Growing sophistication in African markets outside SA is creating demand for specialist consultants that bring together clients and communications agencies.
The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
Stanlib is planning to open its Stanlib Africa Direct Property Development Fund in May or June, as it seeks to capitalise on Africa's growing retail sector.
Fundamo, a Visa Inc. company and a global specialist mobile financial service provider, have reported accelerated growth of mobile financial services in Africa. In 2012, Fundamo has launched three new services - FirstMonie with First Bank Nigeria and Celpay with Celpay International in Uganda and Zimbabwe.
SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.