Latest News for: Africa bank online

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Feature: Kenyans find opportunities in surging online economy amid pandemic

China.dot.org 06 Apr 2021
The online jobs are among opportunities that have helped Kenyans and other citizens across Africa survive amid the pandemic ... The International Finance Corporation, a World Bank arm, predicts an exponential surge of online economic activities in Africa, to hit a high of 180 billion dollars by 2025.
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Absa Group earnings decline by 51%

Ghana Web 17 Mar 2021
Absa subsidiaries in countries outside of South Africa extended COVID-19 payment relief to more than 60,000 retail and business banking customers ... It included the largest single data and systems migration in Africa, as customers in nine countries were switched to a new, enhanced online banking system.
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Coronavirus: Absa Group earnings decline by 51 percent

Ghana Web 17 Mar 2021
Absa subsidiaries in countries outside of South Africa extended COVID-19 payment relief to more than 60,000 retail and business banking customers ... It included the largest single data and systems migration in Africa, as customers in nine countries were switched to a new, enhanced online banking system.
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Absa Group earnings decline; 7% pre-provision profit growth indicates positive underlying performance

Joy Online 15 Mar 2021
Absa subsidiaries in countries outside of South Africa extended COVID-19 payment relief to more than 60,000 retail and business banking customers ... It included the largest single data and systems migration in Africa, as customers in nine countries were switched to a new, enhanced online banking system.
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Absa Group earnings decline, 7% pre-provision profit growth indicates positive underlying performance

Ghana Web 15 Mar 2021
Absa subsidiaries in countries outside of South Africa extended COVID-19 payment relief to more than 60,000 retail and business banking customers ... It included the largest single data and systems migration in Africa, as customers in nine countries were switched to a new, enhanced online banking system.
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Network International is optimistic on region’s digital shift

Gulf News 13 Mar 2021
The company’s Africa plans got a big boost last year with the acquisition of DPO Group (DPO), an online commerce platform ... In 2020, the company signed four new payment processing contracts for banks across Africa; saw significant growth in online payments with over 1,600 UAE merchants signing up to its N-Genius payment gateway.
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Inside the race to carve up the free web

New Statesman 12 Mar 2021
“They have too much power determining what’s acceptable online behaviour, their editorial policy is almost law because they’re so large.” ... Just over half of the world now has access to the internet, according to the World Bank, and many of the people yet to come online are located in rural areas of Asia and Africa ... Population not yet online (2017).
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Covid-19 claims Absa deputy CEO Peter Matlare

Business Day 07 Mar 2021
Peter Matlare, Absa banking group’s deputy CEO and head of its Africa regional operations, died of Covid-19 complications on ... The group called it the "largest single data and system migration in Africa as customers in nine countries were switched to a new online banking platform".
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Absa deputy CEO Peter Matlare succumbs to Covid-19

Business Day 07 Mar 2021
Peter Matlare, Absa banking group’s deputy CEO and head of its Africa Regional Operations, passed away from ... The group called it the “largest single data and system migration in Africa as customers in nine countries were switched to a new online banking platform”. .
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Cysiv expands into the region with SOC as a service

Gulf News 20 Feb 2021
“We see an incredible opportunity for our services in the Middle East and Africa,” said Sherif Shaltout, Vice President of Operations for Cysiv Middle East and Africa ... Many of the governments are now offering their services online; banking is going online amongst other industries.
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Africa’s miners and winemakers toast China’s row with Australia

Metro USA 10 Feb 2021
To overcome the lack of trade deals with China, South Africa’s Standard Bank, which is partly owned by Industrial and Commercial Bank of China, has sought to level the playing field. Africa’s largest bank measured by assets is using online platforms and events to match its customers with Chinese buyers in a bid to boost exports.
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China’s trade war with Australia a boon for SA winemakers

Business Day 10 Feb 2021
Africa's largest bank measured by assets is using online platforms and events to match its customers with Chinese buyers in a bid to boost exports ... And then when people see the cost of logistics now, they end up not concluding on the transaction,” said Philip Myburgh, Standard Bank's head of Pan-Africa China banking.
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WATCH: Ithala sets its sights on State Bank status

Independent online (SA) 03 Feb 2021
The establishment of a state-owned bank with a developmental mandate will help end the economic apartheid that defines South Africa ... As a member of the Banking Association of South Africa (BASA), Ithala SOC Limited is expected to conduct financial literacy education to the community.
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A year of important reflection for SA’s commercial asset finance sector

Independent online (SA) 13 Jan 2021
South Africa is also no exception and the effects of a hard lockdown had impacted all sectors across the country ... Customers are a lot more informed and we've seen the emergence of new digital banks which compete with incumbent banks, such as ourselves ... Commercial Asset Finance at Standard Bank South Africa. BUSINESS REPORT ONLINE .
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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

Crunch 19 Nov 2020
Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya ... Bringing Africa’s large unbanked population and underbanked consumers and SMEs online has factored prominently. Roughly 66% of Sub-Saharan Africa’s 1 billion people don’t have a bank account, according to World Bank data ... Visa’s Africa strategy banks on startup partnerships.
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