Access Bank Group, Mastercard Expand Opportunities for Cross-Border Payments for African Businesses and Consumers

Leading multinational bank, Access Bank Group, has launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy. Through its cutting-edge Access Africa platform, Access Bank offers consumers and businesses instant, traceable, seamless, and cost-effective international transactions through the network and treasury capabilities of Mastercard Move. 

Seamfix Raises $4.5 Million in Debut Funding Round to Drive Expansion Across African Markets

Seamfix, a leading identity solutions firm, has secured a significant $4.5 million investment from Alitheia IDF, marking its first institutional funding milestone. The strategic backing of capital is poised to propel Seamfix's expansion beyond Nigeria's borders and into other African markets.

Nike Retains Kit Supply Partnership With France Until 2034

Nike has inked a significant agreement with French soccer's governing body, extending its partnership to provide kits for both the men's and women's national teams until 2034. The US sportswear giant, which initially joined forces with the Fédération Française de Football (FFF) in 2011, will continue to outfit the French teams, ensuring their distinctive presence on the global stage.

See the list of nominees for 2024 African Banker Trophies

African Banker magazine has announced the nominees for the highly anticipated 2024 African Banker Awards, recognising outstanding individuals and institutions driving progress in the financial services sector across Africa. With a focus on business sustainability, gender equality, and banking infrastructure, this year's edition promises to showcase the continent's most innovative and impactful initiatives.

Industry Summit Advocates for Sustainable Marketing Practices to Drive Growth

The imperative of embracing sustainability in marketing took center stage at the recently concluded Industry Summit themed "Sustainable Marketing for Growth," held in Lagos. Addressing a diverse audience of industry experts and stakeholders, the summit underscored the urgent need for marketers to prioritize sustainable practices to secure a resilient future.

Nigerian Banks, PSPs to Commence Collection and Remittance of Cybersecurity Levy

In response to escalating concerns surrounding cyber threats targeting Nigeria's rapidly expanding digital economy, the Central Bank of Nigeria (CBN) has issued a directive mandating all commercial banks and Payment Service Providers (PSPs) to commence collection and remittance of a newly introduced cybersecurity levy.

Humanitarian aid workers need more flexibility when distributing relief, says Devex and Visa report

Visa, a world leader in digital payments, and Devex, the independent news organization covering development and humanitarian aid, have published a report showing international aid professionals believe a more flexible approach to aid delivery is needed, amid increasing geopolitical instability and climate change. 

Morocco’s first Radisson-branded hotel opens in Casablanca

Radisson Hotel Casablanca Gauthier La Citadelle opens its doors as the first upscale Radisson-branded hotel in Morocco. Situated in the heart of the vibrant Gauthier district in Casablanca, the thriving port city that fronts the Atlantic Ocean, the opening of Radisson Hotel Casablanca Gauthier La Citadelle marks Radisson Hotel Group’s second hotel in Casablanca and the ninth hotel opening in Morocco.

Europe-Africa Underwater Tunnel Project Gains Momentum, Envisioned for 2030 Completion

Plans are in motion for a historic project that could see Europe connected to Africa via a new 17-mile underwater tunnel, with an estimated cost of £5.1 billion.

BBC World Service Sheds Light on Journalism Challenges Amidst World Press Freedom Day

As the world commemorates World Press Freedom Day on Friday, 3 May, the BBC has revealed a concerning trend in the journalism landscape. The BBC report revealed that for the first time, over 300 World Service journalists—approximately 15%—are working in exile. This disclosure comes amidst World Service Presents, a three-day event series highlighting the courageous endeavors of journalists worldwide and shedding light on the state of media freedom globally.

Binance Co-Founder Changpeng Zhao Sentenced to Four Months in Prison After Plea Deal

Changpeng Zhao, the co-founder and former CEO of Binance, the world's largest cryptocurrency exchange, has been sentenced to four months in prison after reaching a plea deal on Tuesday. Zhao pleaded guilty to charges of facilitating money laundering at his crypto exchange.

DLM Trust Introduces Innovative Solution with the Launch of DLM Single Asset Trust

DLM Trust, a subsidiary of DLM Capital Group, has unveiled its latest offering, the DLM Single Asset Trust. Representing a groundbreaking evolution in trust services, the model provides individuals and corporations with a unique solution for safeguarding and managing their assets.

LG Electronics MEA Presents Innovative Home Entertainment Line-up at Showcase Event

LG Electronics, a global frontrunner in consumer electronics, recently convened its highly anticipated LG Showcase MEA 2024 at the prestigious Conrad Hotel in Abu Dhabi. Themed "Reinventing Together," the event served as a platform to unveil cutting-edge innovations and fortify relationships with stakeholders. Drawing an audience of over 500 distinguished guests, the event provided attendees with hands-on access to LG's latest product offerings.

Jalel Trabelsi Appointed as Special Envoy to MENA & Gulf Region

The President of the African Development Bank Group Dr. Akinwumi Adesina (AfDB) has appointed career diplomat Ambassador Jalel Trabelsi as his Special Envoy for the Middle East and North Africa (MENA) and Gulf Region.

Hamad International Adjudged World’s Best Airport at Skytrax Awards

Hamad International Airport (DOH) has reaffirmed its status as a global leader in aviation excellence, securing prestigious accolades at the 2024 Skytrax World Airport Awards held during the Passenger Terminal Expo in Frankfurt, Germany. Once again, DOH has been crowned the "World’s Best Airport," a testament to its unwavering commitment to exceptional service and passenger satisfaction. This remarkable achievement marks the airport's continued reign as the pinnacle of aviation hospitality.