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Commerce

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

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 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

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

Pan-African bank Ecobank Transnational is seeking to open two more branches in Harare in a bid to further expand its Zimbabwean portfolio

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