Why Mobile is the future of banking in Africa

Posted by - October 13, 2021

Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa. According to the Global System for Mobile Communications’ (GSMA) 2021 State of the Industry Report on Mobile Money, the number of registered mobile money accounts grew by 12.7% globally in 2021 to 1.21 billion accounts –

Osinbajo, others explore new digital frontier in Africa

Posted by - April 23, 2021

Vice President Yemi Osinbajo, Technical Specialist, World Bank, Dr Maryam Lawal, and Managing Global Head of Telecoms and Media, Standard Bank Plc, Ms Nina Triantis are among the guests expected to participate at a virtual forum organised by Rack Centre and PwC Nigeria. Scheduled for April 28, 2021, Osinabjo will deliver the keynote address during

Nigeria is Bitcoin Leader in Africa, Says Paxful

Posted by - December 29, 2020

Recent data from Paxful has revealed that Nigeria leads Africa in peer-to-peer trading in bitcoin, posting monthly volumes of over $66 million in 2020. According to a report, the country is closely followed by Ghana, Kenya, and South Africa respectively. With over 620,000 active Nigerian users on its platform, Paxful in the report disclosed that

Mobile payments will unlock new business for banks in Africa

Posted by - October 10, 2020

Mobile payments and other phone-based transactions represent a must-win opportunity for banks in Africa. The estimated market in facilitating payments alone is $500bn and, providing access to energy, healthcare, education and transportation, offers new business prospects. By using digital platforms it offers the potential to develop more holistic solutions that solve deep-rooted customer friction points

Apple announces Services expansion to Africa, Others

Posted by - April 22, 2020

Apple Inc recently announced its plan to expand its App Store, Apple Music and other services to dozens of new markets in Africa, the Middle East and beyond in the biggest geographical expansion of its services in almost a decade. Apple said it would expand the App Store to 20 countries, eight of them in

Google to empower 20,000 women across Africa in 2020

Posted by - March 17, 2020

Google announced that it is doubling down on its commitment to women in Africa and aims to train 20,000 women this year. A new Women Will training tour aims to train 5,000 women in 20 cities across Africa. Through this programme, Google will empower participating women with entrepreneurship, workplace readiness, leadership and technology skills, starting

We will be Africa’s gateway to the world –Herbert Wigwe

Posted by - March 9, 2020

The Group Managing Director of Access Bank, Herbert Wigwe reiterated the Bank’s intention to be Africa’s gateway to the world and expand into 22 countries over the next five years. The CEO discussed the Bank’s scope for expansion in Africa as a diversified retail bank, as well as its plan to provide cutting-edge digital payment

IFest introduces new platform to Harness Talents in Africa

Posted by - February 20, 2020

A pan-African platform, Innovation Festival, (IFest) has been unveiled in Nigeria as an empowerment platform curated to harness talents that will advance the course of humanity and address the societal problems and challenges facing Africa in some critical sectors. IFest, during its inaugural edition themed: “Exploring the possibilities of innovation” and powered by Maxxconnection, an