Finance & Services
How It All Began
In Africa, all manner of financial transactions can be made through the humble mobile phone – it allows Kenyans to run the whole gamut of activities ranging from the payment of share dividends and utility bills to the purchase of air tickets for global carriers Kenya Airways, British Airways a…Destination: Vanilla Islands
While foreign tourists dream of visiting several Indian Ocean islands, the costs are often prohibitive. Now, a new concept will allow visitors to enjoy the attractions of many of the islands on a single trip and at reasonable cost. Tourism is one of the main economic pillars of two of Africa’s most …Banks: Who Dares, Wins
On every working day, the banking halls are full and bustling with activity. The queues at the managers’ offices are also long. To secure an appointment with most bank managers requires patience. Not because of bureaucracy but because of the demand. “In the next 20 years, South Sudan will be a boomi…Ethiopian Tourism: Land Of History And Dramatic Landscapes
Ethiopia is a paradise for a tourist who loves history or dramatic landscapes: it has some of the best of both in the world. The nurturing Rift Valley is one of the cradles from which early humans spread from Africa into the rest of the world. Ethiopia is one of the world’s oldest countries. Its [&h…Tom Barry: ‘Uneven Playing Field Blocks Investment’
Before founding Zephyr, Tom Barry was President and CEO of Rockefeller & Co, the investment management arm of the Rockefeller family (1983–1993) and before that, he was employed by T Rowe Price Associates, Inc (1969–1982). Tom Barry, CEO and founder of Zephyr Management LP in New York, is one of…Ethiopia Leads African Commodity Exchange Sophistication
In its first three years the Ethiopia Commodity Exchange has traded over 221,000t of goods, worth over $1bn – with a default rate of zero. What lessons does the ECX have for the region? MJ Morgan reports.Access Bank’s Aigboje Aig-Imoukhuede
Four years after their first meeting, African Banker editor Anver Versi renews his acquaintance with one of the most dynamic bankers in Africa – Aigboje Aig-Imoukhuede, the chief executive of Nigeria’s Access Bank. These have been four dramatic and traumatic years for the industry in Nigeria. Only a…How To Beat The Fraudsters
There has been financial crime as long as there has been financial activity, so the banking sector faces a never-ending task in seeking to stay one step ahead of the criminals in preventing fraud. The need for banking security in Africa is increasing in line with the growing proportion of the popula…How To Avoid Credit Card Fraud
Lost and Stolen Card Fraud ▶ Don’t wait for tomorrow, report your lost or stolen card to your bank immediately.▶ Don’t carry more bank cards on you than you need.▶ Check your monthly bank statement thoroughly and report any irregularities t…