Barclays, Techstars open global applications to fintech entrepreneurs
Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa’s financial services industry. This collaboration between Barclays Africa and Techstars offers a game-changing opportunity to 10 qualifying fintech startups, which will take part in a 13-week […]
Telecom M&A and Digital Convergence to lead Deal Activity in Africa
Converging technologies, expanding connectivity and telecom mergers and acquisitions (M&A) are predicted to be the main drivers of investment and deal activity in Sub Saharan Africa in 2016 and 2017, according to global news and events company, TMT Finance. The topics will top the bill at the inaugural TMT Finance Africa in Lagos 2016 conference […]
Protesters demonstrate in London over Barclays and Standard Chartered’s dealings with Bidco
East African protesters have taken to the streets of London to demonstrate against banks that do business with Bidco Africa, highlighting the connection between global financial institutions, The Prince of Wales and widespread deforestation in Africa. Barclays and Standard Chartered saw their London headquarters picketed due to their funding of Nairobi-based Bidco, a company that […]
Banks fined for currency market rigging
Five of the world’s largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market. Four of the banks – JPMorgan, Barclays, Citigroup and RBS – have agreed to plead guilty to US criminal charges. The fifth, UBS, will plead guilty to rigging benchmark interest rates. Barclays was fined […]
