Search Results for: Africa
Africa Mobile Money Market Worth $14.27 Billion by 2020
July 15th, 2015
According to a new market research report, “Africa Mobile Money Market by Transaction mode (NFC/Smart Cards, Direct Mobile Billing, Mobile Web/WAP Payments, SMS, STK/USSD, and others), by Nature of Payment, by Location, by Type of Purchase, and by Country ...
One Financial Markets Announces New FSP License in South Africa
June 25th, 2015
One Financial Markets is pleased to announce its new license to operate as a foreign financial service provider (FSP) in South Africa. Authorised and regulated by the Financial Conduct Authority (FCA) in the UK, One Financial Markets offers international ...
26 African countries unite for free trade
June 11th, 2015
African leaders yesterday signed a potentially historic 26-country free-trade pact by creating a common market spanning half the continent from Cairo to Cape Town. The deal on the Tripartite Free Trade Area (TFTA) caps five years of negotiations to ...
Banks Said to Go to Legal Big Five in S. African Forex Probe
May 22nd, 2015
Banks under investigation in South Africa over alleged currency manipulation have hired the largest law firms in the country to advise them on the probe. Bowman Gilfillan, ENSafrica and Webber Wentzel, three of the so-called Big Five legal firms, ...
SABMiller, Coca-Cola merge African bottling arms
November 27th, 2014
Brewer SABMiller, Coca-Cola and the South African Gutsche family have agreed to combine their non-alcoholic bottling operations in southern and eastern Africa, a $2.3bn deal long rumoured to be in the offing. The new combined bottler, Coca-Cola Beverages Africa, ...
Investors are eager for African sovereign debt, despite risks
October 24th, 2014
Five men in dark business suits gathered before Maria Kiwanuka in a semicircle. They were international bankers and they had a pitch to make. Ms. Kiwanuka, the finance minister of Uganda, was sitting up on a small riser, her ...
EU Reaches Trade Deal With East African Community
October 22nd, 2014
The European Union has said the conclusion of a new trade deal with the East African Community (EAC) means that EAC countries no longer have to worry that their improving economic status will lead to the loss of full ...
MetaQuotes Software obtains representative in South Africa
October 16th, 2014
MetaQuotes Software announced its further expansion with Derivative System Technologies act as its agent in South Africa. Recently, MetaQuotes Software has also introduced MetaFintech as its new representative office in the UAE. The new representative office will be responsible for the promotion of ...
African countries to Issue more than $1 billion in climate change bonds
September 23rd, 2014
The bonds – planned to be issued in 2016 – will provide additional financing to participating countries to enhance their climate adaptation investments, in the event that weather shocks such as extreme heat, droughts, floods or cyclones increase in ...
Africa likely to experience oil and gas boom
September 9th, 2014
A study released by PriceWaterhouseCoopers (PwC) concluded that Africa had the potential to experience a major mid-term energy boom. The survey forecast demand for oil on the continent would “rise significantly” over the next two decades, driven by larger ...
