Absa and Renault have joined forces in a strategic alliance aimed at driving market-leading growth for both businesses. The collaboration introduces Renault Financial Services, an Absa finance product designed to offer comprehensive financial solutions to Renault customers across South Africa.
Shelter Afrique, the pan-African housing financier, is transforming into a development bank, seeking institutional investors to bolster its capital after rebranding last year. This transformation allows the institution to onboard private sector players, pension funds, commercial banks, and non-African financial institutions as shareholders, marking a significant evolution in its funding strategy.
The United Nations Development Programme (UNDP) and the timbuktoo Africa Innovation Foundation are launching an exciting opportunity for young African entrepreneurs.
M-PESA Africa users can now top up phones for people in over 70 countries directly from the app. This long-awaited feature is available under the “Buy Airtime” option.
Equity Bank is thrilled to announce the appointment of Amrit Gayan as the new Group Director – Shared Services. With over a decade of international experience in various leadership roles within the banking industry, Amrit brings a wealth of expertise and a passion for innovation to his new role. His strategic vision for driving digital transformation aligns perfectly with Equity Bank’s commitment to growth and excellence.
Paul Russo, CEO of KCB Group, has been honored as the African Business Leader of the Year by Africa Leadership Magazine, recognizing his transformative vision and outstanding contributions to the banking sector across the continent.
Kingdom Bank has unveiled its latest branch in Kitale, Trans Nzoia County, marking a strategic move in its branch expansion plan to increase its reach and better serve the growing clientele, especially Micro, Small, and Medium Enterprises (MSMEs) across Kenya.
I&M Group, a listed lender, significantly expanded its operations last year, adding 299 new jobs as part of an aggressive growth strategy. This increase brought the total employee count to 2,827, up from 2,528 in the previous year, supporting the group’s retail and digital strategy.
