Commerce

Millicom develops tech incubator in Rwanda

tech-incubator Millicom finalTelecommunications company Millicom has created a tech incubator to develop new digital solutions for businesses in Rwanda

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Equity upgrades its banking system

Equity Bank chief executive officer James MwangiEquity Bank has upgraded its core banking system from Finacle 8 to Finacle 10 in order to enable it to handle up to 150 million accounts and one million transactions per second

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FCMB joins forces with MoneyGram

Moneygram headquarters flickrNigerian-based First City Monument Bank is working alongside MoneyGram International to set-up money transfer services across its 270 branches in Nigeria

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Uganda and Sweden strengthen ICT collaboration

Michael Niyitegeka Uganda SwedenUganda and Sweden have been exploring initiatives to strengthen collaboration in ICT developments through investments and joint ventures in order to take advantage of potential within the sector

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AGF secures US$25mn deal with Diamond Bank

Diamond Bank Lagos SourcefabricAfrican Guarantee Fund (AGF) has entered an agreement with Diamond Bank to support the lender’s microcredit to small businesses in the region

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