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Finance

Ghana: Tech firm Uber Introduces Mobile Money payment for Partner Drivers

By Thomas MooreAugust 20, 2018

Global ride platform, Uber, has announced that it has enabled mobile money payment for partner drivers in Ghana. It said the new feature been implemented in…

Banking

Bank of Africa Profit Up 74pc On Cost Cutting

By Footprint to AfricaAugust 15, 2018

Bank of Africa, which shut down 12 branches and laid off staff last year, has posted a 74 per cent growth in after-tax profit to hit…

Finance

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Nigeria: LBS To Promote Growth In Financial Inclusion

By Footprint to AfricaAugust 9, 2018

The financial sector constantly seeks new and seamless ways to provide services to the global population, just as the increase in the use of technology in…

Finance

Nigeria: C&I Leasing Assures Investors of Dividend Payment in 2018

By Footprint to AfricaAugust 9, 2018

Succour may have come the way of investors of C&I Leasing Plc, as the firm has assured shareholders of dividend payment at the end current financial…

Finance

AfDB Seeks Technology Transfer to Farmers for Processing

By Footprint to AfricaAugust 8, 2018

The President of the African Development Bank Group, Akinwumi Adesina, has sought that farmers across the continent be given access to new technologies with the potential…

Banking

DFCU Bank Plans to Boost Financial Literacy in Uganda

By Dennis LukhobaAugust 6, 2018

The Development Finance Company of Uganda (DFCU) Bank is undertaking a literacy campaignin abid to boost saving and investment amongst the country’ population. The Uganda-based lender…

Finance

Nigeria: MSME to Get N10m Collateral-Free Loans Says VP

By Footprint to AfricaAugust 4, 2018

Acting President, Prof. Yemi Osinbajo, says the Federal Government is working towards providing Micro, Small and Medium Enterprises(MSME) a credit facility of N2 million to N10 million…

Finance

DBN, LAPO Microfinance Bank to Fund 10,000 MSMEs

By Footprint to AfricaAugust 3, 2018

Development Bank of Nigeria Plc (DBN), the first wholesale development finance institution in Nigeria, has partnered with LAPO Microfinance Bank Limited, to provide lending to about…

Finance

Mobile Lending Firm, Paylater, Disburses $ 17 Million in Loans to Nigerian Consumers in 2018 as App Reaches 1m Downloads

By Dennis LukhobaAugust 3, 2018

Paylater, a microfinance service provider operating in Nigeria, has issued over $17 million in loans to its users in 2018. The company made the announcement on…

Finance

Honeywell Flour Mills records N18b revenue in Q2

By Footprint to AfricaAugust 2, 2018

Honeywell Flour Mills Plc, has posted revenue of N17.7billion for the first half (H1) 2018, ended June 30. According to the food manufacturer, revenue was earned…

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