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Mastercard to empower 150 000 MSME’s in Kenya

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Digital payment solution fosters higher level of inclusion for MSME’s in East Africa. (image: shutterstock) Mastercard commits to empowering over 150,000 Micro, Small and Medium Enterprises (MSME) in Kenya within 2017 by giving them access to Masterp [Read story...]

Nigerian price comparison site acquired by Silvertree

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Silvertree acquires Nigeria’s TopCheck, forming Africa’s largest price comparison group. Nigerian price comparison site, TopCheck, has been acquired by Africa’s leading Internet Platform, Silvertree Internet Holdings, for an undisclosed amount. I [Read story...]

Future of finance for small businesses in 2017

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Gary Turner, MD EMEA, Xero. How we finance and manage our business in today’s South Africa is changing thanks to the increasingly important role of technology. Key developments in financial technologies are freeing small businesses and entrepreneur [Read story...]

Digital disruptors to watch in 2017

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Brian Richardson CEO of WIZZIT International. In the lurid space where financial and digital innovation intersect, disruptors are booming. They’ll continue to cause upheaval in 2017 and make their mark in a landscape that’s becoming progressively [Read story...]

Vivo Energy, Orange money announce partnership

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Shell customers will be able to pay for their fuel using Orange Money. Vivo Energy a licensee of Shell in Africa, has partnered with Orange money to offer customers the option of paying for services with mobile money. Orange money customers will be a [Read story...]

Opinion: 9 ways to slash e-commerce cart abandonment

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Kyle Rozendo, CTO at www.SIDPayments.co.za Global shopping cart abandonment on e-commerce websites is reported at anything between 60 and 70 percent. Yet simple tweaks to the purchasing process and a keen eye on usability can ensure more completed sa [Read story...]

Standard bank introduces Shyft, a foreign exchange app

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The standard bank app allows customers to to make personal foreign exchange transactions from their mobile devices. Standard Bank has introduced Shyft, a platform that enables customers personal foreign exchange transactions from their mobile devices [Read story...]

ex-Barclays Africa exec joins JUMO

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Warren Squires, JUMO’s new Director of MTN Channel. JUMO, a digital financial services company, has announced the appointment of ex-Barclays Africa Managing Principle, Warren Squires as the new Director of the MTN channel. This is a part of JUMO’s dr [Read story...]

Nedbank launches Africa’s first interactive ATM

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The Nedbank interactive ATM is the second of its kind in the world. Nedbank officially launched the very first Interactive Teller and Banker ATM on the African continent, and in so doing, becoming the second bank to do so in the world. The device eff [Read story...]

Is Africa the land of business opportunity or pain?

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IMD Professor Leif Sjoblom talks on benefits of operating in Africa With growth stagnating around much of the world, businesses often look to new markets to find opportunities. BRIC countries were previously thought of as the global El Dorado by many [Read story...]

DPO group enters merger with PayGate

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From Left Eran Feinstein the DPO group CEO, Offer Gat is the DPO group Chairman and Peter Harvey will continue to lead the DPO group activities in SA The Direct Pay Online Group, (“DPO Group”) – formerly known as 3G Direct Pay Limited announced t [Read story...]

MTN enters the insurance business

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MTN Group and MMI Holdings announce strategic partnership MTN Group and MMI Holdings today announced the launch of a micro insurance joint venture, branded aYo. The joint venture will benefit from the scale, combined expertise and market access of bo [Read story...]

Kenya Power gets Sh940m to improve infrastructure

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Kenya Power’s effort to upgrade its infrastructure has received a critical boost with an advancement of Sh940 million ($10m) from a local commercial bank. The finance, which is part of a five-year syndicated loan, was advanced by United Bank for A [Read story...]

Trading still low for Dar bourse

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The Dar es Salaam Stock Exchange (DSE) has for the second consecutive week continued to record lacklustre business, a trend attributed to low investors’ participation. According to Zan Securities Limited weekly market wrap-ups, banks finance and i [Read story...]