The Editorial Team

Nigerian Sovereign ratings affirmed with ‘stable’ outlook

LAGOS (Capital Markets in Africa) – S&P Global Ratings affirmed Nigeria’s long- and short-term foreign and local currency sovereign credit ratings at ‘B-/B’, with a ‘stable’ outlook on the long-term ratings. It attributed the ratings’ affirmation to expectations of high global oil prices in the 2022-23 period and a rebound in activity across most non-oil sectors, which will partially mitigate balance of payments and fiscal risks. Still, it considered that the economy’s heavy reliance on…

The 5th Edition Connected Banking is All Set to Lay Down the Foundation of Accelerating Financial Inclusion Through Digital Adoption

Posted on by The Editorial Team

Technology is fast becoming a central factor in the banking and financial services industry generating new opportunities and contributing to the region’s financial sector. Financial institutions in the last decade have witnessed dramatic changes owing to rising competition, growing customer expectations, innovative compliance regulations, and more. The last year has also witnessed a drastic acceleration and shift to a cashless digital economy, with extraordinary growth in the number of e-payment transactions. Banking, customer onboarding, engagement…

Accelerating Financial Inclusion surfing the Wave of Digital Innovation

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Accra, Ghana to host the 6th Edition Connected Banking The West African financial sector has been witnessing a wave of digital innovation that has fuelled services and applications that had the potential to really shake up the banking sector. Banks, Fintechs, and financial institutions have been harnessing digital solutions designed to serve touchless and remote banking, which has unlocked opportunities for the millions of digitally connected diaspora that remains formally unbanked but economically active. Central…

AFDB Optimistic about Economic Prospects for Southern Africa

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ABIDJAN (Capital Markets in Africa) — The Southern Africa region’s investment opportunities and prospects for economic growth are encouraging despite recent headwinds of a global pandemic and food crisis, the African Development Bank’s (www.AfDB.org) Senior Vice President Swazi Tshabalala has said. Tshabalala attended the 42nd Ordinary Summit of Heads of State and Government of the Southern African Development Community (SADC) which closed in the Democratic Republic of Congo’s capital, Kinshasa last week. She was accompanied…

Caution reigns as inflation worries rise amid soaring energy costs – Susannah Streeter

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LONDON (Capital Markets in Africa) – ‘’Caution is the name of the game on equity markets with expectations that aggressive policies to tame roaring inflation will continue despite fresh signs that the US economy is slowing. The dramatic fall in the S&P Global composite PMI in August highlighted how demand was falling for the US services sector in particular as supply chain snarl ups, inflationary pressures and interest rate hikes took their toll. The ultimate…

Use 1Stream’s CRM with Built-In Voice Capabilities to Meet All Your Business Needs

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A fully integrated CRM is essential to ensure that your sales, service and marketing teams can work hand-in-hand to deliver an excellent customer experience. 1Stream’s innovative all-in-one CRM solution is specifically designed to manage customer service and drive sales from one centralised, omni-channel platform, with built-in voice capabilities. Here are 4 benefits 1Stream’s CRM solution can provide for your organisation: Everything operates off one platform 1Stream’s CRM solution securely stores all information about your customer – including every sale,…

Africa: Another close election and mixed signs from Egypt and Nigeria

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LAGOS (Capital Markets in Africa) – With the dust not yet settled on Kenyan elections, political analysts’ plates will be thrown another meaty election with Angolan polls set to take place next week. Polling suggests it is going to be a close race, and we could see the first change in government since Angolan independence — if the ruling MPLA allows for this change, that is. In Egypt, communication from the CBE suggests its change…

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