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How digital advancement can shift the microfinance landscape in Nigeria
As Nigeria looks to drive financial inclusion through the propagation of Microfinance institutions, technology has a central role to play in expanding the reach and quality of financial institutions
07 January 2020
PwC Director to support Bank of Ghana implement insolvency procedures
The Bank of Ghana is clamping down on insolvent financiers in the country, and is looking to wind down these operations smoothly.
20 August 2019
EY teams up with Open Banking Nigeria to develop API standards
Big Four accounting and advisory firm EY has now joined Open Banking Nigeria in its efforts to Standardise Application Programming Interfaces (APIs) across the Nigerian market.
15 August 2019
Barclays Bank of Kenya looks to replace KPMG with EY as external auditors
Drawing on the actions of its parent company Absa, Barclays Bank of Kenya is planning to terminate its relationship with global accounting and advisory firm KPMG, which has been its external auditor
08 May 2019
More fintechs in the Kenyan market means more vulnerability to cyber crime
As an increasing portion of Kenya’s finance and financial services sector transitions to the online domain, consulting firms and bankers alike have expressed their concern that large repositories of
18 February 2019
Alpha-Beta Consulting unveils plans for international expansion in Africa
Lagos-based management consultancy Alpha-Beta Consulting has announced its intentions for an international expansion of service offerings, based on strong economic performance.
16 January 2019
Daily transaction services of Kenyan banks face competition from Fintechs
As the Kenyan economy becomes increasingly digitalised, big banks operating in the country are set to be challenged by up and coming Fintechs, primarily in the domain of daily transactions and commer
13 December 2018
Central Securities Clearing System Nigeria implements TCS Quartz
Nigeria’s Central Securities Clearing System (CSCS) has successfully completed the pilot of a new blockchain technology by the name of Quartz, designed and implemented by Indian IT services giant Tat
02 November 2018
Jacqueline Jumah to take over as Managing Director at Intermarc Consulting
Intermarc Consulting has made the decision to reorient its operations to further focus on digital financial services, to which end it has made a new appointment to the position of Managing Director.
15 October 2018
Former Accenture Manager appointed Managing Director at Wema Bank
Lagos-based commercial bank Wema Bank has appointed Ademola Adebise as its Managing Director/ Chief Executive officer.
05 October 2018
Phillips Consulting to support the integration of CBX in Nigerian banking
Global fintech firm Intellect Design Arena is set to roll out its Contextual Banking Experience (CBX) solution in Nigeria, which it will do in collaboration with Lagos-based management consultancy Ph
08 August 2018
NIC Group selects Chase Cooper as partner for risk management technology
An Eastern African banking corporation by the name of NIC Group has announced a strategic partnership with risk and compliance consulting firm Chase Cooper to help secure its cloud-based operations.
01 June 2018
Software Group to support Metbank with digital transformation
Software Group – a multinational technology firm offering solutions to the financial services sector – has won a contract to carry out the operational digitisation of Zimbabwean financial firm Metban
30 May 2018
Open Vector partners with Open Banking Nigeria to develop common API standards
Open Banking Nigeria, a modern-day financial services institution, has announced a partnership with UK-based open banking consultancy Open Vector.
04 May 2018
PKF Consulting beats PwC to win contract for capital raising
International business advisory firm PKF Consulting has won a contract to help raise additional funds for the Kenyan government’s plans to sell the public-sector Consolidated Bank of Kenya.
20 April 2018
Ghana International Bank partners with Jaywing for regulatory compliance
The UK arm of Ghana International Bank has entered into a partnership with Jaywing, a UK-based risk specialist consulting firm, to develop improvements in its operational response to regulatory chang
10 April 2018
PwC and GN Bank host SME financial management seminar in Liberia
Global professional services firm PwC has, in collaboration with GN Bank in Liberia, hosted a one-day financial management seminar for budding entrepreneurs in the country.
20 March 2018
Africa's banking sector the second most profitable in the world, says McKinsey
As the global banking sector continues to see sluggish growth since the financial crisis a decade ago, the prospects are much brighter for the banking sector in Africa, according to a new report from
05 March 2018
Confidence in African private equity market at a high, says Deloitte
Investor confidence is at a high in Africa with respect to the Private Equity (PE) market, despite the fundamental issues that economies across the continent have been facing over the last few years
06 December 2017
94 million Nigerians are financially underserved, says KPMG
According to KPMG’s Nigerian outfit, the country’s vast and increasingly tech savvy population is suffering from a lack of options with respect to technological solutions, particularly in the FinTech
23 November 2017
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