Business

SME Banking Now Strategic Priority in Financial Services Sector as 84% Banks Serve SMEs with Mobile Banking 

AMA PRESS RELEASE SME banking is emerging as a strategic priority the financial service sector with about  83% of banks surveyed describing SME banking as “very” or “extremely” important, with significant or major investments planned. Backbase, a AI-powered Banking technology, in partnership with African Banker magazine in her second edition of the Africa Digital Banking […]

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AMA

Yango Group Set to Boost SME Growth in Africa with Investment in Kenyan’s Fintech Platform Zanifu 

AMA PRESS RELEASE Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a  Kenyan fintech platform that provides access to working capital for small and medium-sized enterprises (SMEs). In addition to funding, Yango Group will support Zanifu in shaping its long-term business structure and growth strategy-drawing on the Group’s operational experience […]

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Business

African Business Stories Marks One Year of Impact with Two Great Feats at UNGA 80

AMA PRESS RELEASE The African Business Stories (ABS) marked the one-year anniversary of its flagship Roundtable Series with two milestones at the 80th United Nations General Assembly. The presentation of its inaugural Africa Champion Award to Prof. Benedict Oramah, President and Chairman of the African Export–Import Bank (Afreximbank), and the launch of its first Impact Report, […]

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Business

Mastercard Foundation Appoints Agrifood, Tech Expert as Next President and CEO

AMA PRESS RELEASE The Board of Directors of the Mastercard Foundation has appointed  Sewit Ahderom  to serve as its next President and CEO. The appointment follows the decision by Reeta Roy to transition from the Foundation after 18 years of transformative leadership and impact. Both leaders will work closely on a seamless transition process. Roy […]

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Technology

Huawei Redefines Business Success Driven Strategy with Latest RAMS White Paper

AMA PRESS RELEASE Huawei has unveiled the ISP/MSP Business Success Driven by RAMS White Paper at the summit themed “Powering the ISP/MSP Industry with All Intelligence and Resilience.” The white paper, which was released at the HUAWEI CONNECT 2025 introduces the RAMS framework—ROI, Availability, Maintenance, and Security, aiming to help ISPs and MSPs thrive with […]

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Technology

SAP and UNICEF Battle Global Youth Unemployment as More Young People Go Jobless

AMA PRESS RELEASE Nearly 90 per cent of 1.8 billion young people between the ages of 10 and 24 are in low-and middle-income countries, and an estimated 22 percent do not have jobs and are not in education or training. In sub-Saharan Africa specifically, 21.9 percent of young people fall into this category. The digital […]

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Business

West African business leaders Explore Industry Issues at SAP Lagos Innovation Day

AMA PRESS RELEASE West African business leaders, technology partners and SAP explore a bold new vision for business to thrive in an increasingly competitive technology environment. The experts who met in Lagos, Southwest Nigeria brainstorm on several industry critical issues essential for business growth. Speaking at the event, Managing Director: Emerging Africa at SAP, Shiraz […]

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Business

Huawei Emerges 2025 Leader in Gartner Magic Quadrant TM for Enterprise Storage Platforms

AMA PRESS RELEASE Huawei has been placed in the Leaders Quadrant, the only non–North American vendor to do so. Analyst firm, Gartner in its “Magic Quadrant for Enterprise Storage Platforms, 2025” named Huawei Data Storage a Leader in the Magic Quadrant. Huawei Data Storage continues to advance technological innovation, leveraging an AI-ready data platform, robust […]

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Business

AFC Backs Africa Fintech Summit as DFI Sponsor , Injects $15bn into Continent’s Growth

 AMA PRESS RELEASE Africa’s infrastructure solution provider, Africa Finance Corporation has joined the sponsors league of the Africa Fintech Summit even as it recently announced  the institution’s transformative impact across Africa, where AFC-financed projects have contributed over $50 billion to regional GDP and enabled the creation of 7 million jobs in 36 countries. AFC has […]

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Technology

SAP Names Nazia Pillay as Managing Director for Southern Africa

AMA  PRESS RELEASE SAP has appointed Nazia Pillay as its new Managing Director for Southern Africa. Sergio Maccotta, Senior Vice President at SAP Middle East and Africa South, says: “Our purpose as a business is to help the world run better and improve people’s lives, reflected in our ongoing commitment to transformation and corporate responsibility […]

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