Absa trials payments via mobile phone

Banking group Absa conducted South Africa's first live user trial of Near Field Communication (NFC) technology on mobile phones in December, with 500 of...

Visa Holds Fraud Prevention Workshop in West Africa for the First Time

The three-day workshop shares fraud prevention best practices with clients and partners in the region. Visa Inc. (V) (Visa.com), a global payments technology company, organized...

IFC Affirms Commitment to Private Sector Development in Zambia

IFC VP and Treasurer Jingdong Hua visited Lusaka this week to reaffirm IFC’s commitment to private sector development in Zambia. Hua also thanked the...

IMF Executive Board Concludes 2014 Article IV Consultation with Tanzania

On April 25, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Tanzania and completed the third...

IMF Staff Holds Combined 2016 Article IV Consultation and Fifth ECF Review Mission to...

An International Monetary Fund (IMF) mission led by John Wakeman-Linn visited Freetown during March 15–29, 2016 to conduct the fifth review under the Extended...

DRC Congo: Economic Growth Set to Reach An Unprecedented Seven Percent in 2013

In its first detailed economic analysis in twenty-five years, the World Bank projects the economy of The Democratic Republic of Congo (DRC) is set...

A strong local presence is key to long-term successful investment in Africa

Investment hungry Africa has become one of the fastest growing regions in the world, now firmly positioned as a global investment destination of choice....

Commerzbank Study: Africa’s Economies Continue to Gain Ground

Countries benefit from the commodity boom and political stability – Growth impulses above all in the Sub-Saharan region After the crises of the past, the economies...

The MasterCard Foundation Fund for Rural Prosperity Launches New Funding Opportunity for Financial Services...

The MasterCard Foundation (www.MasterCardFdn.org) Fund for Rural Prosperity (FRP) (www.FRP.org) today launched a new competition to find and support providers of innovative and scalable...

SASSA MasterCard Debit Card Grows Financial Inclusion in South Africa

Survey says South African banked population has grown from 67% in 2012 to 75% in 2013 The FinMark Trust (http://www.finmark.org.za) FinScope South Africa 2013 (http://www.finmark.org.za/publication/results-of-finscope-south-africa-2013)...

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