The Editorial Team

Africa Today’s main economic and political developments across the continent

LAGOS (Capital Markets in Africa): While this week’s CPI print in South Africa changed the discussion from whether the Sarb will cut in September to by how much, other smaller central banks seem to be well ahead of the curve. North of the border, Botswana’s central bank has recently implemented its second 25-bps policy rate cut this year. Another cut is expected in 2024. Meanwhile, Rwanda, too, has implemented a second-consecutive policy rate cut, with…

Alejandro Betancourt López’s Vision for Mobile Banking in Africa’s Financial Growth

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LAGOS (Capital Markets in Africa): Mobile banking has emerged as a game changer in Africa, offering innovative solutions to financial inclusion and economic development. Entrepreneur and investor Alejandro Betancourt López believes mobile banking has opened new avenues for financial services, especially in regions with limited access to traditional banking infrastructure. Alejandro Betancourt López emphasizes the importance of mobile banking in his blog post “Importance of Mobile Banking in Africa’s Financial Development.” Betancourt López wrote that…

Bolstering the Future: Celebrating Innovation and Financial Inclusion at the 15th Edition Connected Banking Summit – Ethiopia 2024

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Addis Ababa, Ethiopia – August 14, 2024 – Ethiopian Skylight Hotel – The Ethiopian Skylight Hotel in Addis Ababa became the center of innovation and excellence on August 14th, 2024, as it hosted the 15th Edition Connected Banking Summit – Ethiopia Innovation & Excellence Awards 2024. This significant event celebrated outstanding achievements in the banking and financial services industry, centered around the theme “Bolstering the Economy with Digitization and Financial Inclusion.” A Dynamic Platform for…

Honouring Excellence: Our Esteemed Sponsors and Media Partners at the 15th Edition Connected Banking Summit – Ethiopia 2024

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Addis Ababa, Ethiopia – August 14, 2024 – The 15th Edition Connected Banking Summit – Ethiopia 2024, held on August 14th, was a tremendous success, made possible by the exceptional support of our sponsors and media partners. Their involvement was crucial in convening industry leaders, innovators, and experts to discuss and shape the future of banking in Ethiopia. Our Sponsors: •Platinum Sponsor: EFT Corporation •Gold Sponsors: Mobifin, Infosys Finacle •Official Cyber Security Partner: Kaspersky •Bronze…

Shaping the Future of Ethiopian Banking: Innovation and Excellence at the 15th Edition Connected Banking Summit – Ethiopia 2024

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Addis Ababa, Ethiopia – August 14, 2024 – The Ethiopian Skylight Hotel in Addis Ababa was abuzz with energy and innovation on August 14th, 2024, as the 15th Edition Connected Banking Summit – Ethiopia Innovation & Excellence Awards 2024 brought together more than 300 global executives, industry leaders, and experts. This year’s summit, themed “Bolstering the Economy with Digitization and Financial Inclusion,” emphasized the critical role of digital transformation and inclusive financial services in driving…

Innovative payment technology for African Mobile Money Operators: VeryPay

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Can you tell us what VeryPay is all about? We see a future where African citizens are financially included by using our innovative payment technology to go cashless, create digital financial records, get access to credit and improve their livelihoods. Our mission is to simplify mobile money payment processes currently operated by telcos for citizens across Africa. By introducing our closed-loop contactless tap-and-go payment technology to mobile wallet operators, we bring speed and convenience to…

Apex Group to administer first of a kind climate fund to boost green investment

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JOHANNESBURG (Capital Markets in Africa) – Leading financial services provider Apex Group has been appointed as the Alternative Investment Fund Manager (AIFM) and administrator of a first of a kind fund aimed at supporting renewable energy infrastructure in Sub Saharan Africa. The Gaia Africa Climate Fund is targeting investment of up to $200 million in assets. The fund will allow institutional investors to participate in the equity of established utility-scale renewable energy projects in African…

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