James Mwangi News

James Mwangi, CEO, Equity Bank (L); James Mworia, CEO, Centum Investment Group; Bob Collymore, CEO, Safaricom

Centum's James Mworia beats Mwangi, Collymore as Kenya's best paid CEO

James Mworia, Centum Investment Group’s Chief Executive, is corporate Kenya’s best paid CEO with an annual compensation of Sh201.1 million (Approximately $2 million).

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank to focus on developing mobile banking business

Kenya’s Equity Bank aims to double profits from its foreign markets in east Africa and increase users of its mobile banking service to boost earnings, its chief executive said on Tuesday.

Safaricom's M-PESA

The battle between Africa's mobile phone companies and banks is a boon for financial inclusion

Another week and another bank in Africa is entering the mobile money space.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank starts mobile money service Equitel to challenge Safaricom

Kenya’s Equity Bank said it would press ahead with offering mobile phone transfer services, stepping up competition to telecoms firm Safaricom’s money transfer product.

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.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank to expand to the DRC via acquisition in first step outside East Africa

Kenya’s Equity Bank Group plans to expand its operations into the Democratic Republic of Congo by acquiring a 79 percent stake in ProCredit Bank Congo, its chief executive officer said on Tuesday.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank plans 10-nation Africa expansion, says CEO James Mwangi

Kenya’s Equity Bank plans to enter 10 more African countries in the next decade, in addition to the five it already serves, by building operations from scratch or acquiring existing lenders, its chief executive said on Wednesday.

Thin SIM card can be overlaid on existing SIM card

Kenya court blocks Equity Bank's thin SIM technology rollout

The Kenyan High Court has suspended the decision of the Communications Authority of Kenya (CA) to allow Finserve Africa, a subsidiary of Equity Bank, to roll out the ‘thin Sim’ technology, following an urgent application by Kituo Cha Sheria.

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.

Could M-Pesa, that has dominated the mobile money market in Kenya, be in for stiff competition? Photograph: Bloomberg

Watch out M-Pesa, Equity Bank wants to transform mobile money in Kenya

Kenya is a regional leader in access and use of financial services, with 77% of the population living within 5km of a commercial bank or mobile money agent, according to a recent report published by Kenya Financial Sector Deepening.

James Mwangi, CEO, Equity Bank

US-Africa Business Forum: An interview with James Mwangi, CEO of Equity Bank, and Tom Klein, President & CEO of Sabre (Video)

James Mwangi, President and CEO of Equity Bank Group in Kenya, and Tom Klein, President and CEO of Sabre, discuss how Africa’s young population – average age 25 – is enabling faster adaptation and adoption of new technologies.

Mobile Money in Kenya

Kenya's mobile innovation brings digital money closer

Kenyan financial services heavyweight Equity Bank is planning to roll out mobile banking services in July, using innovative paper-thin SIM technology.

Equity Bank

Fact of the Day: Kenya's Equity Bank is Africa's largest bank by customer base

With a customer base in excess of 8.7 million, Equity Bank is the largest bank in Africa by customer base.

James Mwangi, CEO, Equity Bank

Equity Bank-Airtel Partnership and Other Mobile Virtual Network Operators (MVNOs) Compete for Mobile Money Share in Africa with Established Players

Mobile virtual network operators (MVNOs) are set to shake things up and challenge established players in the African telecom market.