First National Bank (FNB) News

Africa's banker of tomorrow

Armed with fintech and fueled by data: Africa's banker of tomorrow

Markets in Shanghai closed up today on news that the Chinese bullet train manufacturer Fujian Corp won the contract to connect Casablanca to Abidjan.

Cape Town, South Africa. Photograph: Eric Nathan/Alamy

A New Map for Business in Africa

Only a few years ago, Africa was being dubbed “the next Asia,” and multinationals watched with mounting interest as local economies boomed across the continent.

Uber basks in phenomenal South Africa growth

Uber basks in phenomenal South Africa growth (Infographic)

On-demand driving service Uber has seen phenomenal growth since launching in South Africa in 2013.

M-PESA - Mobile money in East Africa (Reuters/Noor Khamis)

In South Africa and Nigeria, banks want to be phone companies. In Kenya, the phone company is already the bank

There has been so much discussion about the impact of the mobile phone on the financial industry in African countries but this tweet by former bank boss Michael Jordaan, who is now a venture capitalist, best sums things up: “Telcos becoming banks (MPesa) and banks becoming Telcos (FNB Connect). Africa is leading bank/telco convergence.”

Windhoek, capital of Namibia

Namibia: Good Governance Yields Great Returns

I first visited Namibia in late 1999, crossing the Orange River from South Africa and driving a little white Toyota hatchback some 1200 miles north to the Angolan border and back again.

Chris de Kock, CEO of FirstRand's WesBank unit

South Africa's FirstRand to offer vehicle finance in Nigeria

FirstRand Ltd. (FSR), Africa’s largest bank by market value, is to offer vehicle finance in Nigeria as the Johannesburg-based lender targets growth in the continent’s biggest economy.

PayGate

PayPal strengthens South African presence with PayGate partnership

PayPal recently announced the partnership with South Africa’s PayGate to further help strengthen its presence on the continent.

PayPal's partnership with FNB has created 1 million customers in South Africa

PayPal's partnership with FNB has created 1 million accounts in South Africa

PayPal said it has opened over 1 million accounts in South Africa since its launch with First National Bank (FNB) in 2010.

Malvina Goldfeld, Head, Business Development, Sub-Saharan Africa, PayPal

Taking Nigerians cashless: Q&A with PayPal's Head of Business Development in Sub-Saharan Africa, Malvina Goldfeld

Nigeria’s 170-million plus population has an estimated 60-million internet users, making it the largest potential market for PayPal of all the countries it has entered in recent months.

Stephen Olabisi Onasanya, managing director of First Bank of Nigeria, and Efi Dahan, PayPal's regional director of Israel and Africa shake hands at the announcement of a partnership between First Bank and PayPal.

First Bank confirmed as PayPal's official partner in Nigeria

Nigeria’s oldest commercial bank, First Bank Nigeria, has been announced the official partner of PayPal in Nigeria.