Nigerian 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
Swedish telecom company Millicom has entered a joint venture (JV) with online payment service Kalixa to create a payment process in Africa and Latin America
The National Bank of Kenya (NBK) has introduced mobile and Internet applications for smoother customer transactions
Telecom major Bharti Airtel has begun a service which will allow customers to use its mobile money service with Tanzania’s Tigo
Telecom major Airtel has reached an agreement with Verifone Mobile Money to introduce merchant enablement across Africa
