Nine out of ten account holders in Kenya prefer to contact their banks through social media platforms like Facebook, Twitter and WhatsApp, a new survey revealed
Commerce
Millicom develops tech incubator in Rwanda
Telecommunications company Millicom has created a tech incubator to develop new digital solutions for businesses in Rwanda
Equity upgrades its banking system
Equity 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
FCMB joins forces with MoneyGram
Nigerian-based First City Monument Bank is working alongside MoneyGram International to set-up money transfer services across its 270 branches in Nigeria