Money Market

.COVID-19: FirstBank’s Firstmonie Leads the Pace in Agent Banking

April 22, 2020/FirstBank of Nigeria By Bolatito Adebola  In this COVID-19 era where movement is restricted in some major parts of the world – including Nigeria – with many Banks and business reengineering efforts to improve the adaptability of their customers to electronic ways of carrying out business, Firstmonie Agents, […]

Tigo Tanzania simplifies mobile money services across the East Africa region

Tigo Pesa customers can now send and receive money from M-PESA in Kenya, MTN in Uganda, Airtel and MTN in Rwanda April 21, 2020/Tigo Tanzania Tanzania’s leading digital lifestyle company, Tigo Tanzania (www.Tigo.co.tz), launched a service that allows all Tigo Pesa customers to send and receive cash  on  their mobile […]

Cloud-computing solutions can help significantly to reduce banking costs in Africa

April 21, 2020/Genesis Analytics More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier […]