MTN Group has announced the appointment of Burak Akinci as CEO of Simfy (ayoba), reporting to the MTN Group Chief Digital and Fintech Officer Serigne Dioum and responsible for the super app ayoba. Effective 1 September 2021, Burak joins Africa’s leading mobile operator fromTurkcell, where he was CEO of BiP, an instant messaging platform with
The African Export-Import Bank (Afreximbank) is partnering, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address at the IGD Frontier 100 Forum organized by the Initiative for
The Agribusiness Olam International has secured an innovative new type of corporate loan that links pricing to the borrower’s progress towards its digital transformation. The US$350m three-year revolving credit facility is a digital loan (D-loan), a form of positive incentive loan (PIL), which rewards borrowers that achieve pre-arranged targets by cutting their borrowing costs. Olam’s
Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises (SMEs) in Nigeria to adopt digital transformation of their businesses. The partnership, seen as a win-win for all parties, offers SMEs in Nigeria a more flexible way of accessing business tools that will aid their
Standard Chartered has announced the start of the second phase of its digital-only retail bank across Africa. In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital solution in four key markets during the first quarter of 2019 starting in Uganda in January, followed by Tanzania
Flutterwave, a global payment solutions business has partnered with financial payment firm, Visa to launch GetBarter, an application that allows consumers and merchants to make and accept payments locally and internationally. The GetBarter app is a lifestyle payment solution that operates globally with an initial user base in Nigeria, Kenya, Ghana and South Africa. Visa
Ghana’s Vice President, Dr Mahamudu Bawumia, has emphasized the importance of digital payment platforms in today’s world of technological advancement, during the launch of the Phase-Two of the Mobile Money Interoperability Payment System In his words, the electronic payment system has grown increasingly over the last decades due to the growing spread of internet-based banking
Guinness Ghana Breweries Limited (GGBL), Ghana’s leading total beverage business has marked this year’s International Beer Day with an interactive session for selected social media influencers. These influencers, who are some of the recognized and respected voices on Ghana’s social media space were given the GGBL experience right from the security; as they were conducted
