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Finance

Mastercard to Set up Shop in Harare as Firm Moves to Help Zimbabwe with Driving Digital Transformation Agenda

By Dennis LukhobaOctober 24, 2018

Mastercard, a leading technology company in the global payments industry, has announced a plan to set up a headquarters in Zimbabwe’s capital of Harare. The multinational…

Finance

Chief Executive of Kenya's Capital Markets Authority, Paul Muthaura

Kenya: capital markets regulator concerned about unlicensed online forex firms

By Thomas MooreOctober 23, 2018

Kenya’s Capital Markets Authority (CMA) says it is concerned about the growing number of unlicensed online forex firms in the country, warning that it has only…

Finance

Developing countries should increase VAT and tax revenue from the digital economy- Fowler

By Footprint to AfricaOctober 23, 2018

Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, who is also First Vice Chairman of the United Nations International Committee of Tax Experts and Chairman,…

Finance

Oragroup to launch largest ever IPO on Abidjan stock exchange

By Footprint to AfricaOctober 20, 2018

Oragroup, a Pan-African banking group said it plans to raise 56.92 billion CFA francs through the largest ever initial public offering (IPO) on the Abidjan stock…

Finance

CEO of Standard Chartered Bank, Sunil Kaushal

Standard Chartered Bank CEO Encourages Industry Stakeholders to Embrace FinTech as African Startups Raise $560 Million in Funding

By Dennis LukhobaOctober 19, 2018

Financial Technology (FinTech) is quickly becoming a staple for nearly every facet of Africa’s banking industry. Other segments of the financial sector have embraced the trend…

Finance

Mauritius Stock Exchange plans to entice African issuers with new index

By Footprint to AfricaOctober 19, 2018

Chief Executive of Mauritius Stock Exchange, Sunil Benimadhu said the country’s bourse will launch a new index in November 2018. The index will be dedicated to…

Finance

Kenya’s Alekim Associates partners with MGI Worldwide

By Footprint to AfricaOctober 14, 2018

UK-based tax outfit, MGI Worldwide has accredited and partnered with Nairobi-based firm Alekim Associates, a move Alekim notes will propel it to the league of premier…

Finance

US-Based Tech Company, Paxful Looking into Cryptocurrency’s Potential in East Africa

By Dennis LukhobaOctober 11, 2018

Paxful, a tech company headquartered in the United States that deals in bitcoin and blockchain technology, is looking into cryptocurrency’s potential in East Africa. The decision…

Finance

Tunisia hopes for state-owned IPOs to attract investors

By Footprint to AfricaOctober 11, 2018

The Head of Tunis Stock Exchange, Bilel Sahnoun said Tunisia’s stock index is up an impressive 20 percent in 2018, but is being held back by…

Finance

Nigerian Lender, Sterling Bank Partners with US-Based Tech Company, Freshworks to Upgrade its Internal Service Desk

By Dennis LukhobaSeptember 24, 2018

Freshworks Incorporated, a leading US-based provider of cloud-based business software, has announced its partnership with Nigeria’s Sterling Bank as a client. Following the agreement, Sterling Bank…

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