nanagyasi

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Global regulators to study risks from fintech - FSB's Carney | Reuters

LONDON, Feb 27 (Reuters) - Global regulators will study for the first time whether “fintech” innovations could destabilise the broader financial system, the G20’s Financial Stability Board said on Saturday.<p>FSB Chairman Mark Carney said in a letter to central bankers and finance ministers from the …

Standard Chartered just made a big play to be the go-to bank for fintech in Asia

The bank's Hong Kong branch is sponsoring the SuperCharger programme in partnership with Baidu, the Chinese tech giant often called the country's answer to Google.<p>The SuperCharger programme aims to help "local and international early-stage and more established FinTech companies grow in Asia's …

SoftBank leads $1 billion investment in U.S. fintech startup SoFi

The deal is the latest in the sector, where relatively young companies offer financial services through software. In July, Spain's Banco Santander SA agreed to provide up to around $16 million for any opportunities it identifies with British mobile banking software partner Monitise Plc .<p>Other …

Why fintech is a jobs story

2015-10-02T09:10:40.000Z<p>By: Izabella Kaminska<p>McKinsey have warned banks are facing a wipeout scenario in some financial services because of the …

Financial Services

The 17 hottest fintech companies in Britain ranked

The UK & Ireland accounted for 2/5ths of all fintech investment in Europe last year, according to Accenture.<p>Startups are beating the banks by offering cheaper, quicker, online services — and both investors and users love it.<p>We asked some of Britain's top venture capitalists who they thought were …

Bitcoin, blockchains and Swift: my London FinTech Week

London FinTech Week 2015 kicked off in style with a brilliant presentation from Jean-Stéphane Gourévitch, CEO and founder of Mobile Convergence …

11 biggest fintech investments in London 2015

The government's fintech envoy Eileen Burbidge.Eileen Burbidge<p>Financial technology, known as fintech, is a boom area for businesses and investors right now, and Britain is leading the way in Europe.<p>London's pedigree in finance has combined with the booming technology scene of the last few years to …

Omate's smartwatch is the first to be assembled in Africa

When Omate announced its $99 Racer last month, little did we know that this rugged, near-circular smartwatch will be heading to Africa -- Congo, Ivory Coast and Cameroon to begin with -- this coming June. According to today's announcement, this is all thanks to Congolese mobile startup VMK, who is …

African Bitcoin Startup Bitpesa

When bitcoin entered the public’s eye for the first time in 2013, it was touted as one of the greatest inventions for the unbanked in Africa. The …

Kenya's state-run firm to raise $2 bln to buy into oil blocks

NAIROBI (Reuters) - Kenya’s state-run National Oil Corporation will raise $2 billion to take stakes in oil blocks on behalf of the government once they near commercial production, it said on Wednesday.<p>A general view shows an oil rig used in drilling at the Ngamia-1 well on Block 10BB, in the …

CloudFactory Raises $2M to Continue Spreading Tech Skills in Nepal, Kenya

In 2008, a Canadian technologist named Mark Sears went with his wife on a two-week vacation to Nepal. Struck by the number of technically talented young people they met, they stayed on, training Nepalese computer engineers in high-demand skills such as Ruby on Rails.<p>One project led to another, and …

cloudfactory

Tony Blair to advise Kenya’s controversial president Uhuru Kenyatta

Former British prime minister visits Mr Kenyatta at his offices a month after International Criminal Court confirms dropping charges against Kenyan president over post-election violence<p><b>Tony Blair</b><b>,</b> the former prime minister, was pictured on Friday shaking hands with Uhuru Kenyatta, Kenya’s president …

Sunset on AGOA?

Time is running out to renew the African Growth and Opportunity Act.<p>If the renewal process is delayed to AGOA’s expiration date of September 30 of …

The World Bank Just Kick-started This Firm's Mission To Power 200,000 East African Homes - Ventures Africa

The World Bank Group’s subsidiary, International Finance Corporation (IFC), has announced a $7 million financing package to help expand the reach of …

$2 Billion Vanished in Nigeria This Week and Most People Didn't Notice - Ventures Africa

Nigeria’s Saturday February 7th announcement postponing its general elections has intensified investor anxiety. Nigerian equities reportedly lost …

Stock Markets

Oil Gas Africa: East Africa To Auction More Exploration Blocks In 2015

East Africa is riding a wave of change in the management of exploration and production rights of its newly struck oil and gas resources amid growing …

South Africa’s solar farms

A recent study conducted by the Council for Scientific and Industrial Research (CSIR) revealed that renewable energy including wind and solar …

Renewable Energy

Maersk in Biggest African Port Project

Maersk is to support the expansion of the Port of Tema, Ghana with an investment of around US$1.5 billion, which is anticipated to be the largest …

These African Dolls Are Outselling Barbie In Nigeria

Today, his Queens of Africa dolls are selling better than Barbie in the local market. And Okoyo believes that might be helping young Nigerian girls …

Dolls

Site Suspended - This site has stepped out for a bit

Words of wisdom for doing business in Africa

<b>“Africa is not for the faint-hearted, but it is the place to be,” Johan van Deventer, managing director of Freshmark, recently told the Africa</b> …

#Africa's Natural Resources. http://t.co/KRRoJVzEQn

Africa FDI at decade high

<b></b>– <b>FDI in Sub-Saharan Africa has increased by 4.7% in 2013 while it has declined in North Africa</b><p><b></b>– <b>Intra-African investment on the rise</b><p><b></b>– <b>Investors shift</b> …

Khulubuse Zuma swimming in oil billions

Johannesburg - The controversial business tycoon Khulubuse Zuma owns an oil fortune of R100bn in the Democratic Republic of Congo ( DRC ) which he …

RT @African_Mirror: Women’s Participation in Parliament is Highest in #Rwanda With Almost 64% #Africa #politics http://t.co/SMmMUcktrq

Signing the book of condolence at the residence of the late #PV #Obeng, Senior Presidential Advisor. http://t.co/tXSrKwetw4