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The Shift Toward Partnership: How African Banks Can Gain a Competitive Advantage Through Strategic Alliances
The African banking sector is going through a technological revolution, as fintech firms, mobile money operators and other non-traditional players now provide services that had formerly been reserved for banks. Osahon Akpata at Ecobank Transnational Incorporated explores how strategic partnerships can help banks stay profitable and relevant to their customers amidst this disruption.
- Categories
- Finance, Technology
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Analysis: Only 9% of Nigerian Households Obtained Loans From Banks and Microfinance Institutions Since March – National Bureau of Statistics
Research from the National Longitudinal Phone Survey (NLPS), titled ‘COVID-19 Impact Monitoring’, which was conducted by the National Bureau of Statistics (NBS) has revealed that only 9% of Nigerian households obtained loans from banks and microfinance institutions between March to August 2020.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: Tugende Closes USD $6.3 Million Toyota Tsusho-Backed Series A Investment Round
Tugende, a technology-enabled asset finance company operating in Uganda and Kenya, today announced the completion of a USD $6.3M Series A investment round, led by Toyota Tsusho investment fund Mobility 54.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Visa Partners With Zeepay; Drives Financial Inclusion Across Ghana & Africa
ZEEPAY has partnered with Visa to allow Africans in the diaspora to directly send money onto Visa debit and prepaid cards in Ghana.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Gender Gap, a Major Hindrance To Nigeria’s Financial Inclusion Target – Report
"The focus of efforts to boost women’s financial inclusion should shift beyond product innovation to address the underlying drivers of gender gaps."
- Region
- Sub-Saharan Africa
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Viewpoint: Can Economics Trump Politics To Usher in Agricultural Reforms in India?
Indian agriculture has a fundamental problem: around 50 per cent of India’s work force in the agriculture sector contribute only 17 per cent to India’s GDP. This low productivity is the root cause of the low income and economic hardships of farmers.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
- Tags
- governance, public policy
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Analysis: Young Population, Financial Inclusion Behind Fintech Boom in Nigeria
Nigeria’s fintech companies raised more than $600 million in funding over a five-year period (between 2014 and 2019), a new report published earlier this month by McKinsey shows.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The Central Bank of Nigeria Launches Framework for Advancing Women’s Financial Inclusion in Nigeria
The CBN in collaboration with EFInA has launched a framework to advance women’s financial inclusion.
- Region
- Sub-Saharan Africa
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