30 results
- 11 Jun 2024
Access Bank Completes Acquisition of BancABC Tanzania
Access Bank Plc, has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC Tanzania” in line with its strategic expansion goals. This…
- 26 Jun 2018
GTBank Tanzania Goes Live on ICS BANKS
ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions, announced today that Guaranty Trust Bank (Tanzania) Limited (GTBank Tanzania);…
- 23 Jul 2021
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider
The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements.…
- 22 Jun 2009
Efatha Bank selects Neptune’s Rubikon Banking System
Neptune Software Plc, a leading provider of banking systems, has announced that Efatha Bank, a new bank opening in Tanzania, has selected Neptune’s Rubikon Banking System to drive its ambitious…
- 6 Mar 2017
GTBank Selects ICS BANKS® from ICS Financial Systems
GTBank Tanzania has selected the awards winning Universal Banking solution ICS BANKS from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial…
- 2 Nov 2009
UBA Opens in Tanzania
United Bank for Africa (UBA) Plc, the pan-Africa financial services institution headquartered in Lagos Nigeria, has deepened its East African operations with the opening of United Bank for Africa…
- 28 Sept 2009
Zain Expands Mobile Banking Service
Telecommunications giant, Zain has upgraded its mobile banking service, Zap to enable customers to receive money from any bank account around the world and send money to any bank in Kenya, Tanzania…
- 4 Mar 2019
ICSFS, PBZ Celebrates Successful Go Live of ICS Banks Islamic & ICS Bank
The People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania, has successfully deployed and gone live on ICS BANKS ISLAMIC and ICS BANKS universal software…
- 13 Feb 2019
PBZ Deploys ICS Banks Islamic, ICS Banks Universal Software Suites
The People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania, has successfully deployed and gone live on ICS BANKS ISLAMIC and ICS BANKS universal software…
- 20 Jan 2024
Internet Access Lifts 7 Percent Nigerians from Extreme Poverty – World Bank
The World Bank has said that improved access to internet coverage in three years led to a seven per cent extreme poverty reduction in Nigeria and Tanzania. The bank made this known in a recent report…
- 8 Sept 2019
AfDB, AFAP Sign $5.4M Agreements to Boost Fertilizer Market in Nigeria, Tanzania
The African Development Bank (AfDB.org) and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to…
- 21 Jun 2010
Rubikon Makes Impact in Global Market
The announcement was made following the most recent sign-ups for the banking platform by Infrastructure Development Bank of Zimbabwe (IDBZ); and Infrastructure Development Bank, Nepal. The new…
- 24 Feb 2019
Standard Chartered Unveils more Digitally-led Retail Banks in Africa
Standard Chartered announced it had completed a simultaneous multi-market launch of its digitally-led retail banks in Tanzania and Ghana, with Kenya’s roll out scheduled to occur shortly. This…
- 28 Jun 2019
Standard Chartered Extends its Digital Strategy Across Africa
Standard Chartered has announced yet another multi-market launch of its digital bank in Botswana, Zambia and Zimbabwe as part of its digital transformation strategy in Africa. The next wave of…
- 14 Jul 2023
Standard Chartered Affirms its Commitment to Nigeria while Entering into Sales Agreements with Access Bank Plc in Five African Countries
Standard Chartered Bank and Access Bank Plc (Access) have entered into agreements for the sale of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra…
- 3 Aug 2016
Tigo @M360 Africa GSMA Conference Showcases Transformative Financial Inclusion
Tanzania’s leading digital lifestyle company, Tigo (www.Tigo.co.tz) has outlined its strategic priorities that are meant to drive the company’s long-term social investment objectives. Speaking at the…
- 3 May 2016
UBA Plans African Expansion - Elumelu
United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries in Kenya, Tanzania and Uganda, according to…
- 10 Mar 2017
NMB to Digitize Tanzania’s Agric Sector with Mastercard eKilimo Mobile Solution
National Microfinance Bank Pic (NMB) has signed a strategic partnership agreement with Mastercard to ensure the digitization of the agricultural sector in Tanzania with the rollout of eKilimo, a…
- 1 Feb 2021
Some Africa’s Central Banks Consider Exploring Digital Currencies
Three African countries participated for the first time in a Bank for International Settlements (BIS) survey that shows about a fifth of the world’s central banks are likely to issue their own…
- 27 Feb 2017
People’s Bank of Zanzibar Selects ICS BANKS, ICS BANKS Islamic Applications
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that People’s Bank of Zanzibar (PBZ), a state-owned and one of the…
- 5 Mar 2023
Absa Taps Abdi Mohamed to replace Jeremy Awori as CEO
Absa Bank Kenya has picked Abdi Mohamed as its new chief executive officer, replacing Jeremy Awori. Abdi takes over from Yusuf Omari, who served in an acting capacity after Awori’s exit. “This…
- 13 Apr 2018
GSMA Launches Global Mobile Money Certification Scheme
The GSMA announced the launch of the GSMA Mobile Money Certification, a global scheme for mobile money providers to offer safer, more transparent and more resilient financial services to millions of…
- 5 Mar 2013
82m Mobile Money Users Worldwide-GSMA
Global Mobile Money Adoption (GSMA’s) Survey shows that there are 81.8 million registered mobile money customers globally with the total number of deployments on a global basis growing by almost 38…
- 2 Jul 2026
Visa Targets Nigeria, Others in Visa Pay Expansion Drive
Visa is expanding access to Visa Pay for additional issuers across Africa through a software development kit (SDK) that enables banks, mobile money operators, and fintechs embed Visa Pay capabilities…
- 14 Apr 2014
GTB Plans to Expand Continental Presence
Guaranty Trust Bank Plc (GTB), has unfolded plans to expand its operations to the rest of Africa over the next three years in a bid to triple the pace of earnings growth. “The bank plans to…
- 18 Jul 2014
AfDB Issues Inaugural Local Currency Bond in the Nigerian Capital Market
After receiving the Securities and Exchange Commission (SEC) of Nigeria’s approval to establish a NGN 160 billion Medium Term Note (MTN) Programme and “No Objection” from the SEC to start the book…
- 22 Oct 2019
Carbon Launches Financial Services Platform for Businesses
Carbon, Nigeria’s foremost digital financial services company, has launched Carbon for Business, a digital financial services platform that provides startups, small and medium-sized enterprises…
- 24 Jul 2017
How iSON Fosters Outsourcing Culture in Africa
Enterprises in Africa are constantly looking at digitization strategies to drive operational excellence, improve customer satisfaction and expand operations to play a greater part in the global…
- 22 Aug 2017
TerraPay, Instant Cash Launch Cross-Border Money Transfers to Mobile Wallets
TerraPay, the world’s first mobile payments switch and Instant Cash, one of the fastest growing money transfer companies in the world, have teamed up to enable real-time cross border money transfers…
- 22 Jan 2024
Seasons of Honours: UBA Wins Several International Awards
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions…