Africa’s overall banking market is the second-fastest-growing and second most profitable of any global region, and a hotbed of innovation according to a recently by The McKinsey Global Banking.

Barclays Africa is to change its brand name to Absa Group subject to the necessary regulatory and shareholder approval, Group Chief Executive, Maria Ramos, disclosed on Thursday.

Google has integrated M-Pesa as a form of payment into its app store making it easier for Kenyans to make purchases.

The Board of Directors of the African Development Bank has approved the Bank’s 2018 borrowing program for USD 8 billion to be raised from capital markets.