American Express News

Equity Bank

Equity Bank's Equitel mobile money service targets 100 million African customers in 10 years

Equity Bank Ltd., which has started a new mobile payment and banking service called Equitel, is seeking 100 million customers in Africa within 10 years and the first five million by the end of 2015.

Employees stand inside a mobile phone store specializing in the sale of Samsung Electronics Co. handsets in Nairobi, Kenya, on April 17, 2013. Photographer: Trevor Snapp/Bloomberg

Europeans Selling Mobile Payments Should Ask Africa for Help

As telecommunications carriers in Europe seek a share of the billions of dollars likely to flow to companies that build mobile-payment systems, Claudio Chiche has a few words of advice: Ask Africa for help.

Andrew Stewart (Left), American Express Vice President and General Manager for Turkey, Middle East, and Africa and James Mwangi (Right), Equity Bank CEO during the launch of American Express cards in Nairobi Oct 15, 2014.

Equity Bank and American Express launch American Express cards in Kenya

Equity Bank and American Express have launched the first American Express Cards in Kenya, offering Kenyan consumers the Equity Bank American Express® Green Card and the Equity Bank American Express® Gold – both of which carry rich rewards and benefits.