Ghanaian bank opts for Temenos system

Banking software company Temenos has announced that Consolidated Bank Ghana Limited (CBG) has gone live with Temenos T24 Transact core banking system for its retail and corporate banking operations. Temenos’ cloud-native, cloud-agnostic platform will empower CBG...

Volkswagen debuts electric car in Rwanda

In a first for the African continent, the Volkswagen Brand has launched a pilot project in partnership with Siemens to test the feasibility of electric mobility in an African country. The pilot project, which will form part of Volkswagen’s operations in Rwanda,...

Angola gets $165m for diversification

The Board of Directors of the African Development Bank Group has approved a $165-million loan to finance part of Angola’s three-year economic diversification support program intended to restore the country’s macroeconomic stability. The Angolan government...

ICT infrastructure a barrier to data centre adoption in Africa

To help Africa realise the benefits of the data economy, more data centres in the region are urgent-ly needed. However, building data centres starts with enabling access to the ICT infrastructure and ecosystems, and there are several barriers Africa faces. All of the...

Africa’s informal sector can no longer be ignored

The International Monetary Fund estimates that the informal sector contributes approximately 38% of sub-Saharan Africa’s GDP. Additionally, the International Labour Organisation has determined that it accounts for about 72% of total employment in the region,...

Standard Bank to match 90 African clients with China exporters

Standard Bank will host over 90 clients from six African countries at its networking activities, in partnership with the Industrial and Commercial Bank of China (ICBC), at the China International Import Expo (CIIE) from 5-10 November in Shanghai. The CIIE, now in its...