Commerce

Heritage Bank deposits 20 per cent for business acquisition

HeritageBank-Nigeria-citycentreNigerian commercial bank Heritage Banking Company has put down the 20 per cent initial deposit needed by the Asset Management Corporation of Nigeria (AMCON) to secure acquisition rights for the assets of Enterprise Bank

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Millicom and Kalixa to create online payment service in Africa and Latin America

mobilemoney-erict19-flickrSwedish telecom company Millicom has entered a joint venture (JV) with online payment service Kalixa to create a payment process in Africa and Latin America

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Kenyan bank launches mobile and Internet applications for easy banking

money-gail-flickrThe National Bank of Kenya (NBK) has introduced mobile and Internet applications for smoother customer transactions

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Bharti Airtel and Tigo to integrate mobile money services in Tanzania

airtel-SteveJurvetson-flickrTelecom major Bharti Airtel has begun a service which will allow customers to use its mobile money service with Tanzania’s Tigo

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Airtel and Verifone Mobile Money to introduce merchant enablement in Africa

mobilemoney-gatesfoundation-flickrTelecom major Airtel has reached an agreement with Verifone Mobile Money to introduce merchant enablement across Africa

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