09/03/2026
According to the new governor, it will first be necessary to verify the available data and subsequently consult commercial banks to understand the constraints existing in the foreign exchange market.
09/03/2026
The consortium plans to establish a new company to issue a U.S. dollar-denominated stablecoin in the first half of 2027.
09/02/2026
To use Scan to Pay, a user opens Samsung Wallet, scans a QR code displayed at checkout, either in-store or online, and confirms the payment within the app.
09/01/2026
The bank stated that it continued to deliver a strong performance during the first half of the year, strengthening its balance sheet supported by solid growth across its loan portfolio.
08/27/2026
In this evolving landscape, physical bank cards are becoming less visible, serving primarily as the credential that enables a payment rather than the payment method itself.
08/27/2026
This helped push operating income up by more than 20%.
08/26/2026
The NFO is well placed to investigate cases where funds are transferred between banks but cannot compel information from independent third-party organisations such as crypto or gambling institutions that fall outside its jurisdiction.
08/25/2026
One positive point is the improvement in Return on Equity(ROE) to 14.25%, showing better returns generated from the bank’s equity base.
08/25/2026
The results showed that the bank and its subsidiaries maintained strong financial performance
08/24/2026
The mandate, previously managed by Standard Bank, includes settlement of transactions, investment cash management, and asset tracking.
08/21/2026
The launch introduces a physical Visa-branded Companion Card that integrates directly with the Mukuru Wallet, a mobile-based financial management tool already used by customers in Botswana.
08/20/2026
Absa, currently South Africa’s third-largest lender, intends to convert its existing representative office in Nigeria into a fully operational merchant bank.
08/20/2026
UnionPay is launching e-commerce solutions in Botswana, Ghana, Kenya, Malawi, Namibia, Tanzania, Uganda, Zambia, and Zimbabwe.
08/19/2026
The third vintage in the Emerging Market Senior Credit series reflects continued investor demand for private credit strategies financing businesses and infrastructure across Africa and other emerging markets.
08/19/2026
The agreement brings MCB into the African Development Bank's Trade Finance Transaction Guarantee Instrument as a confirming bank.
08/18/2026
Ecobank Ghana, which led the market in 2024 with a 14.33 per cent share, saw its position fall to 10.52 per cent in 2025.
08/17/2026
Nedbank has seen its total number of ATMs shrink by approximately 4.4% since 2023.
08/17/2026
Abdelatty also invited Al-Dossari to participate in the Africa Business Forum, scheduled to take place in El Alamein in October 2026.
08/14/2026
In 2022, the bank said that the closure of branches reflected its push into digital banking and efforts to make the business more optimised.
08/13/2026
The milestone reflects more than a decade of collaboration between both organisations in strengthening transaction banking capabilities and delivering enhanced value to corporate and institutional clients.