"As much as $19.4 billion is being sent throughout the African continent. The largest volume between countries sees over $1,3 billion being transferred between Cameroon and Nigeria, $1,2 billion between Niger and Nigeria, and $1 billion distributed…
"The new Rapid Payments Platform offers an exciting alternative to the traditional payment mechanisms of cards and physical cash, which either have high costs or risks attached to them", says Stuart McDermid, Executive Head: Product Solutions…
“We are delighted to be part of this market first fund working with our partners at European Investment Bank, FSD Africa, Trimtab, Ceniarth and others. Acre’s backers collectively realise that this platform represents a new model for blending…
“The requests for financial assistance have increased rapidly during the past three years, and there is no sign that the momentum in the alternate-energy sector is slowing. However, the demand is fragmented, and this has caused us to reconfigure…
“To ensure that the most promising businesses were allowed to maximise their potential, 20 entrepreneurs were offered an opportunity to undergo three months of further training with mentors. Following this, those banking with Standard Bank will…
“A business plan is more than just a tool for raising finance or a document developed to get you thinking about your business. Even though it is quite common for business plans to be outsourced to professionals, to meet the formal requirements…
“At Standard Bank, we believe that Africa is our home, and we drive her growth. As one of Africa’s leading financial institutions, we intend to ensure that our clients across the continent have seamless access to regional and international…
'Invoice discounting funds working capital shortages. It enables business growth by improving liquidity. The client can trade optimally despite the challenges of funding a growing business," says Debbie Robinson, Nedbank Head of Sales, Debtor…
“structural supply constraints around infrastructure and electricity remain a key challenge to operating in the South African business environment. However, the decline in the RMB/BER Business Confidence Index also reflects underlying demand…
"Elaborating on recent research, it has shown that about 43% of South African households are run by single women. At the end of July 2022, women also accounted for 57% (3 896 595) of the total volume of properties in the market (6 868 778).…
For years, the businesses that form the backbone of commerce in townships have operated from garages, street-facing rooms in houses, and even shipping containers as they bring essential groceries and commodities to their neighbourhoods, says…
© Banking Biz 2008-2024