sub-Saharan AfricaRSS

Nedbank South Africa revamps payments ahead of September 2016 deadline


South Africa’s Nedbank has chosen Volante Technologies to help it revamp its payments message service using VolPay Foundation, which focuses on validating and processing payments. The move comes ahead of regulatory change next year, which will force all South African institutions to change the way they handle payments.

South Africa’s JSE aims to ‘spearhead’ African cross-listings with ETFs

Oosthuyse: blah blah blah

Stock markets in Nigeria, Kenya and South Africa are planning to launch cross-listed exchange traded funds later this year, as part of an initiative that aims to boost liquidity across Africa’s three largest markets.

JSE overhauls derivatives and fixed income systems

The new platform is housed at the JSE's own premises

South Africa’s Johannesburg Stock Exchange is moving its derivatives and fixed income markets onto Millennium Exchange, the trading platform it bought from the London Stock Exchange when it moved its equities market earlier this year.

West African integration initiatives drive rapid changes in capital markets

"Ade Bajomo" by Akpolock - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons -

West Africa’s capital markets are changing fast as regional integration and local stock exchange initiatives combineto transform its infrastructure. Increasing adoption of FIX and a promising demographic profile help too, according to speakers at the FIX Trading Community conference in London this week.

Swift plots African expansion into Kenya and Ghana

Swift is expanding its presence in Africa

Swift is planning to open two new offices in 2015 in Accra, Ghana and Nairobi, Kenya as the organisation seeks to expand its presence in east and west Africa.

Millicom ramps up African mobile money rush in Tanzania

Millicom has expanded its mobile wallet in Tanzania

Telecoms company Millicom has stepped up its push to gain ground for its mobile money service in the Tanzania as competition heats up between operators in the region

Unlocking the potential of Africa


From Senegal to the Seychelles, and Botswana to Uganda, new demands and new opportunities are emerging in Africa, but there are still challenges

African start-ups opt for cloud based core banking platform


Three African financial services start-ups have signed to use a cloud-based core banking platform from Berlin-based Mambu as their launch platform business.

Johannesburg Exchange revamps clearing and derivatives trading

Cinnober's Augustsson: real time clearing will help to build confidence

South Africa’s Johannesburg Stock Exchange has begun a massive overhaul of its clearing and trading systems, which will see its siloed clearing platforms replaced by a single engine from vendor Cinnober and its derivatives market shifted onto the London Stock Exchange’s MilleniumExchange platform.

Africa’s mobile revolution stands in the balance

Rweyunha Kazaura: regional integration may help to stimulate mobile payments in Africa

Why are different parts of Africa experiencing widely different levels of success with mobile banking, despite years of experience in Kenya? Panellists at the IPS conference in London offered a range of explanations