Banking

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…

LONDON (Capital Markets in Africa) – African climate investment received a landmark boost today with the cross-listing of NMB Bank’s (NMB) inaugural sustainability bond, the NMB Jamii Bond, on the London Stock Exchange. It will represent a new, vital and symbolically important route for institutional investors in the world’s largest capital markets to commit funds into African climate finance and development vehicles.  BII was an anchor investor in the Tanzanian shilling tranche of the NMB…

Traditional banks face challenges in modernising card issuing to keep up with new competitors. Fintech disruptors and evolving consumer preferences could affect existing revenue streams, prompting urgency in card modernisation. Legacy systems, regulatory constraints, and budget constraints hinder progress. Here’s how a CMS Gateway can bridge the gap between old and new; enabling banks to navigate change, innovate swiftly, and stay relevant in a dynamic landscape.  Debit and credit card issuing is a major contributor…