GTP, a specialised provider of prepaid and virtual card processing solutions, and InTouch, a leading pan-African fintech, have joined forces in a strategic partnership to democratise access to card credentials for millions of consumers across Africa. This collaboration aims to bridge the gap between digital payment platforms and card-based transactions, giving InTouch customers access to cross-border transactions through Visa...
Ogilvy Africa has officially launched InfluenceO, its end-to-end influence solution designed to empower businesses, brands, and creators in Africa to excel in the realm of influencer marketing.
By leveraging cutting-edge technologies and innovations from around the world and Africa, InfluenceO enables brands and influencers to establish genuine partnerships and drive highly impactful marketing campaigns like never before.
"In today's rapidly evolving...
MultiChoice Group (www.MultiChoice.com), Rapyd and General Catalyst today announced a joint venture aimed at developing an integrated payment platform for Africa. The joint venture will operate under a new company, called Moment.
Moment offers expanded payment infrastructure for businesses across Africa to help them collect and make payments easier, quicker, and more affordable in any manner that their buyers or suppliers prefer. Moment will...
Samsung, a global leader in consumer electronics, has unveiled its latest groundbreaking innovation in home entertainment with the launch of the impressive 98-inch Neo QLED TV. This stunning display promises to transform the way consumers experience their favorite movies, sports events, and gaming sessions, bringing them closer to the action than ever before.
Featuring state-of-the-art technology and a breathtaking design,...
MFS Africa, a leading pan-African fintech company, is thrilled to announce that it has been crowned Fintech of the Year at a ceremony held last night, 24 May, in Sharm El Sheikh in Egypt. This prestigious accolade recognises the company’s outstanding contributions to the fintech industry in Africa and beyond through payment solutions that make borders matter less for...
Global independent oil and gas, exploration and production firm Tullow Oil plc has acquired complete control of the Turkana County-based Project Oil Kenya development following the withdrawal of its two joint venture partners.
With the strategic exit of Africa Oil Corp and Total Energies from the Project, Tullow will assume a 100% equity position, subject to the Government of Kenya's...
PICTORIAL
Equity Bank Kenya MD Gerald Warui (centre) holding certificate for the Best Tier One Bank in Kenya at the 2023 Think Business Awards. With him are Equity Group & Country Subsidiaries’ Managing Directors (Rwanda, Tanzania, Uganda, DRC and South Sudan) and other Group Directors. Equity Bank has been feted as the Overall Best Bank in Kenya for the 12th consecutive year, bagging 19...
NCBA Group PLC has posted a profit before tax of KES 6.4 billion in its Q1 results ending March 31st 2023, which is a 32 per cent increase compared to KES 4.8 billion reported during a similar period last year.
The Group registered a profit after tax of KES 5.1 billion, representing 49 per cent growth up from KES 3.4 billion in Q1 2022.
Summary Key Highlights
§ Assets grew to KES...
In 2022, Samsung Electronics announced its environmental strategy to achieve net zero carbon emissions by 2050.
As part of these sustainability efforts, Samsung has expanded the use of recycled materials in plastic parts for its products. By 2030, Samsung aims to incorporate 50% recycled materials into its plastic parts and by 2050, aims to use 100% recycled materials for all...
The global economy faces a perfect storm of stubborn inflation, high interest rates in key economies, trade wars, supply chain difficulties and fallout from the Ukraine crisis which has heightened geopolitical risks. This is having a big impact on emerging and developing market economies, including African economies in the form of fuelling price rises, constrained trade volumes, reduced access...
