The Markets | - Part 6

Market report: Storm of disappointing developments keep investors cautious

LONDON (Capital Markets in Africa) – Investors are searching for a sense of direction amid a cacophony of developments, as harsh geopolitical winds swirl and a fierce storm barrels towards Florida. Oil prices have tracked higher again, as hopes for a ceasefire between Israel and Hezbollah fade, while Hurricane Milton threatens to disrupt energy supplies, with some pipelines and delivery terminals in Tampa already shut. Brent Crude is currently trading around $77.5 a barrel. Prices…

AFSIC interview with Chris Chijiutomi, MD & Head of Africa, British International Investment

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SMEs are the life source of employment in Africa—how is BII supporting this sector? We recognise that SMEs in Africa are critical to driving economic growth, creating jobs, fuelling innovation, and supporting delivery of the SDGs. And as a long-standing investment partner to businesses in Africa, we have been supporting SMEs for decades and in several ways. One of the greatest challenges that SMEs face, is accessing the finance they need to grow. This is…

18th Edition Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024.

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The International Center for Strategic Alliances (ICSA) proudly announces the 18th Edition of the Connected Banking Summit – Innovation & Excellence Awards – West Africa 2024, set to take place in the vibrant city of Accra, Ghana, on November 19-20, 2024. This premier event promises to deliver two days filled with cutting-edge insights, dynamic discussions, and unparalleled networking opportunities. Transforming the Future of Banking Join global executives, industry experts, and visionary leaders from the Banking,…

AFSIC – 5 Weeks to Go – Join our Africa Country Investment Summits

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AFSIC – Investing in Africa, Africa’s investment event, takes place 7th-9th October 2024 in London and networking starts on 9th September on our easy to use AFSIC event platform allowing you to plan your time on site, book meetings, view content and start networking. Our exciting agenda includes an extensive range of country-specific investment summits. These provide a deep dive into the best trade, business and investment opportunities from Africa’s most dynamic and rapidly growing economies….

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…

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…

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