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
Uganda and Sweden strengthen ICT collaboration
Uganda 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