Managers of Wealth Africa

KCB Bank and Mastercard Unveil Kenya’s First Multi-Currency Prepaid Card

The prepaid feature enables cardholders to load specific amounts, offering better control over their spending.

Access Bank wins THISDAY’s ‘Global Bank of the Year’ Award; Aig-Imoukhuede wins ‘Titan of the Year’

THISDAY Newspapers highlighted Access Bank’s nomination, praising its strategic leadership, rapid expansion, and unwavering commitment to innovation and sustainability.

Millions of customers risk disconnection as banks race to meet January 27 USSD deadline

Defaulting banks face the imminent risk of having their USSD platforms disconnected

POS transactions dominate payment systems in Nigeria as cash scarcity persists

In contrast, ATM transactions declined by 16.6% in value, from N14.63 trillion in 2023, and saw a slight drop in volume, from 519.52 million to 496.43 million.

Visa invests in Nigeria's Moniepoint

Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint.

African Bank, Visa renew financial inclusion partnership

The companies note that security remains a top priority for both institutions and, as part of this agreement,

Nedbank Appoints DNA Brand Architects

This new partnership aligns with Nedbank's commitment to impactful communication and meaningful engagement with South African consumers.

African Bank And Visa Renew Their Strategic Partnership For Another Seven Years

Visa’s expertise will support African Bank’s rebranding efforts, strengthen its market presence, and amplify its customer-focused approach.

UBA Completes Routine System Maintenance on Card Service

During this period, you may not be able to use your Debit & Credit Card.

KCB Bank and UnionPay in a deal to support e-commerce payments

The move will also play a key role in supporting Kenya's e-commerce sector which is currently experiencing rapid growth.

UBA customers share N41m in legacy promo’s final edition

In the Savings Account category, ten loyal customers walked away with N1,000,000 each.

Nedbank fraud alert for South Africa

Its customers can use credit cards, garage cards, cash, or tags at the nation’s toll gates.

Mastercard opens new office in Accra, Ghana to strengthen West African presence

Mastercard’s expanded presence in Ghana is anticipated to have a significant positive impact on the local economy.

Africa: Banks enjoy 12% rise in profits despite decline in lending

Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector

Downgrade warning for one of South Africa’s major banks

The Bidvest Bank book, which mainly consists of leased assets, loans and advances, totalled R6 billion in December, funded by deposits of R8 billion.

Zenith Bank Sets Stage for Strong Finish after Q3 Earnings Beat

The bank’s exceptional results are not just a reflection of its operational efficiency, but also its strategic positioning in key market segments.

EMEA Finance African Banking Awards: Stanbic Bank named Overall Best Bank in Ghana

Speaking on the achievement, Kwamina Asomaning, Chief Executive of Stanbic Bank Ghana

Citibank Nigeria Celebrates 40 Years in Nigeria

The bank hosted a gala recently as part of activities to commemorate its 40-year operating presence.

Jaiz Bank projects N26.3bn gross earnings in Q1

This would result in a net revenue from funds of N17.8bn.

Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

According to the president, the total assets of the bank have now reached 1.9 trillion Birr and its total savings have also reached 1.4 trillion Birr.

Retail Banking