HPS, Absa roll out PowerCARD across Africa
Payment solutions provider HPS has completed the modernisation of Absa’s African Operations outside of South Africa (ARO) acquiring payments infrastructure journey
Commerce
Bango expands presence in Africa with new Google Play launches
Mobile commerce company Bango has launched carrier billing routes in Google Play store for new operators in Asia, Latin America, and Africa
Mastercard Farmer Network and Kasha are connecting people across East Africa
The Mastercard Lab for Financial Inclusion – the technology company’s first lab focused on financial inclusion – is committed to empowering millions of Africans through the use of public-private partnerships, and the innovation of locally relevant technology solutions
Electronic trade rekindling sales for African businesses during COVID-19
During a livestream session on 14 May 2020, coordinated by the Alibaba Business Group to position small-scale world brands on the Electronic World Trade Platform (eWTP), 300 bags of a coffee product were sold in just one second which lay fallow hitherto in storehouses in Rwanda due to COVID-19 lockdown
EIB, BDC provide US$100mn to finance SMEs in Egypt
The European Investment Bank (EIB) has signed a US$100mn financing agreement with Banque du Caire (BDC) to finance Egyptian small and medium-sized enterprises (SMEs) investments in the manufacturing and services sectors
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