Access to Finance News
| Source: The Monitor; All Africa
The study also shows that almost 80 per cent of the potential market is in rural areas and as such costs will play a great role in determining the success of this model.
"BNDA Mobile" is the first mobile solution in Mali that allows customers to carry out mobile banking operations.
European Investment Bank (EIB) has signed two long-term credit facilities with Equity Holdings Group and Housing Finance30.03.2017
This is to support the growth of small and medium enterprises (SMEs) in Tanzania, DRC, Uganda and Kenya.
The fund will follow fintech innovations aimed at enhancing access to financial services
The investment will allow MSMEs to access card-based payments and develop digital data records.
The merger is to enable the banks to meet the capital requirements of Malawi's apex bank.
The monetary decision is aimed at reducing borrowing costs and spurring economic growth.
This is to support private sector and small and medium-sized enterprises in West Africa.
The Pan-African lender has persuaded regulators in 25 of the 33 African markets where it holds a banking licence to allow citizens to quickly and easily open bank accounts via their mobile phones
The operator no longer has the right to exercise foreign transfers.