African e-commerce website Jumia has partnered with mobile operator MTN to enable online payments
Commerce
KBA survey reveals rise in social media use among Kenyans
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
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