A Nigerian multinational commercial bank, recently expanded into Kenya through acquisition.
Seven African banks supporting startups and SMEs
Standard Bank acquired Firepay in December 2016, showcasing traditional banks' entry into the fintech boom. Equity Bank partnered with Mastercard to launch e-commerce payment solutions for SMEs in Kenya.
Your Naira card can now pay for ChatGPT, Netflix, YouTube
Nigerian banks, including Access Bank and GTBank, are now allowing international transactions on Naira debit cards after a three-year block. Customers can now pay for services like ChatGPT, Netflix, and YouTube without needing virtual dollar cards.
Access Bank takes over Standard Chartered Gambia after 130 years
Standard Chartered's operations in The Gambia ended on June 13, 2025. Access Bank has acquired Standard Chartered Bank in The Gambia.
Moniepoint gains foothold in Kenya with 78% stake in Sumac
Moniepoint Inc. secured regulatory approval for a 78% stake acquisition in Sumac Microfinance Bank. Kenya's Competition Authority approved the acquisition without conditions, citing no threat to market competition.
Digital Nomads: For Chiderah Azodoh, Dubai’s promising tech industry is a hotbed for fintech
Access Bank acquired Diamond Bank in 2019, marking a significant shift in Nigeria's banking landscape. Chiderah Azodoh worked on the legal aspects of the Access-Diamond Bank merger, ensuring compliance with new regulations.
