Banks versus telcos and fintechs
Banks in Africa are under pressure to remain relevant in the face of changing consumer needs and competition from telcos and fintechs.
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Banks in Africa are under pressure to remain relevant in the face of changing consumer needs and competition from telcos and fintechs.
The digital revolution that has been revamping global industries has reached the realm of banking. Newer generations prefer convenience and
A recent report by the United Nations Conference on Trade and Development (UNCTAD), says Africa will not get out of its poverty trap if the continent remains dependent on exports of primary products, mainly in the agricultural, mining, and extractive industries. The report showed commodities still account for more than 60 per cent of total
ICYMI: MTN has taken 18 Nigerian banks to court. Their offense? Well, MTN alleges that the 18 banks transferred $53.7 million meant for its mobile money service (MoMo) to 8,000 different bank accounts. Read more in #TCDaily.
Normally, most politicians' children carry the legacy and follow in their parent's footsteps, but the trend is slowly fading away.