Africa


Barcode Payments Spread across Africa with M-vendr, PiP iT

M-vendr, a U.K.-based tech company with a POS pay-in system across 12 African nations, has signed an agreement with international cash payments platform PiP iT to integrate the latter’s barcodes across its network of 45,000 merchant locations.

Mobile money could make Africa the new boss

Samsung Pay has officially launched in the UK, continuing the evolution of the digital economy, but does this technology have the potential to disrupt the global pecking order?

Sibos 2016: De-risking in Africa

Correspondent banking enables banks to access products and services which might otherwise be unavailable. By enabling cross-border transactions and access to overseas products, correspondent banking plays an important role in the global payments landscape, states Swift.

Out of Africa for Barclays as profit falls

Barclays is leaving Africa as it looks to consolidate the group and increase shareholder returns after a 2% drop in full-year profit. The bank will sell its 62% stake in Barclays Africa Group Limited (BAGL) over the coming few years and then focus on two divisions – Barclays UK and Barclays Corporate and International. BAGL […]

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

Carriers sink Asia-Middle East-Africa-Europe cable

Hong Kong-based carrier services firm PCCW Global has banded together with 16 other high profile international network operators, including China Unicom, Telecom Egypt, Etisalat and Ooredoo, to construct a high capacity submarine cable system between Asia, Africa and Europe.

East Africa Exchange opens in Rwanda

The newly created East Africa Exchange, which is currently taking its first steps in Rwanda, is part of a regional integration project between Burundi, Kenya, Tanzania and Uganda that aims to boost liquidity and provide a commodities market for 130 million people across the region.

The African banking evolution: High-Street banking on your doorstep

Mobile phones may have revolutionised the way of life of the African population, but when it comes to mobile banking there are a variety of technologies circulating which each provide precise services and levels of connectivity and functionality, writes Simon Pont, chief executive of ECR Retail Systems.