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30-10-2014 22:52:00 | by: Administrator | hits: 11079245 | Tags:

[Egypt] Temenos and AUC Venture Lab to accelerate fintech innovation
13-08-2018 | 12:23:13
The Venture lab at The American University in Cairo, AUC Venture Lab and Temenos, the banking software company, have announced their intention to collaborate and strengthen the fintech ecosystem in Cairo.
[Kenya] NIC Bank in asset financing deal with Simba Corp
13-08-2018 | 08:00:49
NIC Bank has entered into an asset financing deal with Simba Corporation Ltd targeting individuals, SMEs and large commercial Businesses.
[Mauritius] Miles Software partners with SBM Bank to launch MoneyWare
13-08-2018 | 07:36:09
Miles Software, the global fintech giant in the Wealth, Asset, Portfolio management and Custody business, has announced the strategic partnership with SBM Bank (Mauritius) Ltd (SBM) and SBM (NBFC) Holdings Ltd to launch their flagship technology platform.
[Nigeria] Zenith Bank introduces Qwerty banking
10-08-2018 | 08:52:57
Nigerian financial institution, Zenith Bank Plc has upgraded its Mobile App to include Qwerty Banking, a new feature that enables users perform banking transactions while chatting on any social messaging platform.
[Nigeria] GT Bank records $1billion profit in first half of 2018
09-08-2018 | 10:55:00
Guaranty Trust Bank plc has released its audited financial results for the period ended June 30, 2018 to the Nigerian and London Stock Exchanges.
[Kenya Business Week] Realigning businesses to drive growth
09-08-2018 | 10:42:37
With competition across public and private sector now being driven by innovation, Kenyan institutions have invested heavily in modernizing operations and selling the convenience message to customers.
 [Africa Tech Week] African Startups shortlisted for major awards
09-08-2018 | 10:09:00
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
Afreximbank supports development of Africa’s pharmaceutical industry
09-08-2018 | 07:28:30
The African countries should develop manufacturing capabilities in pharmaceuticals and reduce the level of import of equipment and medicines in order to conserve foreign exchange.
Ecobank Fintech Challenge 2018 finalists named.
08-08-2018 | 12:43:00
Ecobank has announced the eleven startups shortlisted for the 2nd edition of the annual Ecobank Fintech Challenge.
DPO Group names Lourens Brink as new Chief Financial Officer
08-08-2018 | 09:38:40
Kenyan based payment service provider DPO Group has announced the appointment of Lourens Brink as the Group Chief Financial Officer (CFO) effective August 1, 2018.
Africa looks to Renminbi to grow trade with China
08-08-2018 | 06:29:19
As Africa’s relationship with China matures and deepens, the use of the Renminbi as a medium of exchange holds the potential to increase the efficiency and reduce the risk and cost of both intra-African, Africa-China and broader Asian trade.
Relational introduces new recovery software for Kenyan banks
08-08-2018 | 06:07:00
Greek financial solutions software firm Relational has launched a new recovery software solution targeted at Kenya’s banking industry.
United Bank for Africa's Leo launched on WhatsApp
07-08-2018 | 15:34:00
Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory.
[Nigeria] AfDB, government inaugurate task force on youth employment
07-08-2018 | 08:51:00
The African Development Bank in partnership with the Federal Government of Nigeria has inaugurated a Task Force to drive its first Public-Private Round Table on Youth Employment and Skills Development.
EAC Secretariat, AfDB discuss deepening regional integration
07-08-2018 | 07:14:00
An African Development Bank mission led by Dr. Marcellin Ndong Ntah, Lead Economisthave visited the EAC headquarters in Arusha, Tanzania.
Afreximbank offers $200m to Egyptian General Petroleum Corporation
06-08-2018 | 13:29:15
The African Export-Import Bank (Afreximbank) has disbursed the sum of $200 million to the Egyptian General Petroleum Corporation (EGPC) to support EGPC's investment in the Middle East Oil Refinery Company.
AfDB loans $23 million to Cabo Verde to boost economic development
06-08-2018 | 08:01:38
The African Development Bank and Cabo Verde have signed a $23 million loan agreement to revitalize the economy of the West African coastal island.
[Nigeria Business Week] Courting economic expansion one deal at a time
03-08-2018 | 21:15:00
International organisations have shown an increased interest in the Nigerian economy since the stablization of the dollar and the exit from the recent crisis that befell the country.
[Kenya] Family Bank re launces loan app, targets non-customers
03-08-2018 | 12:58:00
Family Bank customers, and non-customers to the Bank, will now access instant loans and also set investment goals for periods between 3 to 12 months, earning attractive interest.
African Development Bank announces new appointments
02-08-2018 | 06:31:00
The African Development Bank Group is pleased to announce the appointment of Dr. Mateus Magala as Vice President for Corporate Services and Human Resources, effective from September 1, 2018.
[South Africa] Mastercard, Nedbank partner to launch payment service
01-08-2018 | 06:44:00
Mastercard and Entersekt have collaborated to enable Nedbank’s customers to make QR payments to Masterpass, Pay@, SnapScan, and Zapper merchants and billers through the Nedbank Money app.
[Nigeria] Diamond Bank records 3 million digital customers in Q2 2018
31-07-2018 | 12:41:00
Diamond Bank's second quarter unaudited financial report for the period ended June 30, 2018 has been released to the Executive Management and the Nigerian Stock Exchange (NSE).
Energy Commercial Bank to float shares on Ghana Stock Exchange
31-07-2018 | 07:45:00
One of Ghana's most liquid banks, Energy Commercial Bank is on course to receive a final approval from the Securities and Exchange Commission to float shares to the Ghanaian investing public by next month.
AlphaCode incubator seeks financial services entrepreneurs in SA
30-07-2018 | 10:02:00
AlphaCode, an incubation, acceleration and investment vehicle for early-stage financial services businesses powered by Rand Merchant Investment Holdings is looking for businesses or ideas that could change the face of financial services.
AfDB signs $41m grant for Sudan’s Agriculture Development Project
30-07-2018 | 07:45:00
The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the country.
African Union signs MoU with Pan African Federation of Accountants
30-07-2018 | 07:12:00
The African Development Bank on Thursday signed a US$41-million grant agreement with Republic of Sudan to finance a public sector Agriculture Value Chain Development Project in the country.
Central Bank of Liberia to withdraw L$4bn from circulation
27-07-2018 | 08:00:00
Central Bank Governor-designate, Mr. Nathaniel Patray, said since the announcement of infusing US$25 million into the economy, the Central Bank of Liberia has withdrawn L$59 million from circulation with just US$ 1.2 million.
UBA Kenya launches Facebook banking
27-07-2018 | 07:15:00
UBA Kenya, part of Lagos-based banking multinational UBA Group, has unveiled an interactive chat banker that enables customers to make use of their social media accounts to carry out transactions.
AfDB approves $20 million loan to Uganda Development Bank Limited
26-07-2018 | 06:00:00
The African Development Bank has approved a US$20 million loan to the Uganda Development Bank Limited (UDBL), the first development finance institution established by the Government of Uganda in 1972.
[Kenya] Private sector activity records improvement, Stanbic Index
24-07-2018 | 12:08:10
Latest survey data from Stanbic Bank Purchasing Managers’ Index™ signals a robust, albeit softer, improvement in business conditions across Kenya’s private sector in June.
IFC to fund Egypt’s private sector with $2bn by 2019
24-07-2018 | 09:03:00
The International Finance Corporation is committed to financially support Egypt’s private sector with a $2 billion fund by 2019, a value which might increase to fund entrepreneurship and SMEs.
Temenos appoints Alexandre Menage new Head of Sales for Africa region
24-07-2018 | 08:28:00
Temenos, the banking software company, is delighted to announce that Alexandre Menage has been appointed as Head of Sales for Temenos in Africa.
[Cameroon] World Bank invests $795 million in hydropower project
23-07-2018 | 12:04:52
The World Bank Group has approved an investment package of $794.5 million for the Nachtigal Hydropower project in Cameroon, to help the country reach its goal of providing access to electricity for 88 percent of its people by 2022.
[Uganda] Finance institutions in a project to tame electricity costs
23-07-2018 | 11:53:45
A consortium of development finance institutions and commercial lenders have announced completion of the refinancing of more than $400 million loans of Bujagali Energy Limited (BEL), aiming to help reduce electricity costs in Uganda.
AfDB approves $250m Risk Participation Agreement with ABSA
23-07-2018 | 05:42:00
The Board of Directors of the African Development Bank has approved an unfunded US$ 250-million Risk Participation Agreement with ABSA Bank Limited.
World Bank invests $30 million in Togo’s urban development
20-07-2018 | 13:11:00
The World Bank has approved a $30 million International Development Association credit to help Togo address urban development challenges and reduce service delivery gaps in some of its most populated municipalities.
Patrick Akinwuntan appointed MD designate of Ecobank Nigeria
20-07-2018 | 06:37:00
The Board of Directors of Ecobank Transnational Incorporated (ETI) has appointed Patrick Akinwuntan as the Managing Director & Regional Executive - designate of Ecobank Nigeria, subject to applicable regulatory approvals.
African Development Bank approves South Africa Country Strategy Paper
20-07-2018 | 06:36:00
The African Development Bank has approved a string of measures aimed at supporting South Africa’s economic development ambitions as an upper Middle-Income Country.
[Kenya Business Week] Towards affordable housing
19-07-2018 | 10:44:45
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
Namibia secures $218 million budget support loan from AfDB
19-07-2018 | 05:48:12
The Board of Directors of the African Development Bank has approved a loan of $217.8 million to finance the second phase of the Namibia’s Economic Governance and Competitiveness Support Programme.
[Kenya] Mary Wangari Wamae appointed Equity Group Executive Director
18-07-2018 | 13:32:20
Equity Group Holdings Plc has appointed its long serving Group Director of Strategy, Legal Services and Company Secretary Mrs. Mary Wangari Wamae as Group Executive Director overseeing the Group’s subsidiaries.
[Morocco] SDX Energy receives $10 million credit facility from EBRD
18-07-2018 | 12:03:00
SDX Energy Inc., the North Africa focused oil and gas company has announced that through its subsidiary SDX Energy Morocco Limited, has signed a facility agreement with the European Bank for Reconstruction and Development.
Diamond Trust Bank Uganda launches Mastercard premium card solutions
18-07-2018 | 08:43:00
Diamond Trust Bank Uganda (DTB) has announced that it will be offering Mastercard’s premium card payment solutions in the country, which includes the Mastercard Gold Debit Card and Platinum Credit Card.
Central Bank of Egypt issues LE3b in treasury bonds
17-07-2018 | 08:37:48
The Central Bank of Egypt, on behalf of the Ministry of Finance, issued LE 3 billion ($167.46 million) in treasury bonds Monday.
[Nigeria] Union Bank launches Youth Mentorship Project in Delta State
17-07-2018 | 08:04:00
Union Bank has announced the launch of the We Lead Mentorship Project an 8-month youth mentorship program, in Igbodo, Delta State.
[Nigeria] CBN orders banks to supply transaction data daily
16-07-2018 | 12:01:00
All financial institutions operating in the country have been mandated by the Central Bank of Nigeria to furnish it with their daily transaction data through the Nigeria Inter-Bank Settlement System.
Ecobank and Total Nigeria partner to improve m-payment for customers
16-07-2018 | 09:52:00
Total Nigeria has partnered with Ecobank to improve the m-payment solutions offered to customers across Nigeria.
AfDB, Afreximbank sign factoring project to support African SMEs
16-07-2018 | 06:06:00
The African Development Bank, through its Trade Finance operations, and Afreximbank has signed a Grant Agreement to support the development of factoring on the continent.
Afreximbank launches Mansa, Africa’s due diligence data platform
13-07-2018 | 10:51:00
The African Export-Import Bank yesterday in Abuja launched “Mansa” – a pan-African customer due diligence platform that will facilitate African trade by providing the single trusted source of primary data required to conduct due diligence checks on counterparties in Africa.
[Nigeria Business Week] Ensuring co-operation and diligence in trade
13-07-2018 | 10:46:25
There is no shortage of opinions with regards to what needs to be done to improve economies of Africa. Experts from diverse fields advocate for different solutions, some tailored to fit their field interests, others seeming to stem from a place of general betterment.
Tanzania’s economic reform programme receives $40 million AfDB support
12-07-2018 | 08:11:00
Tanzania’s ongoing macroeconomic reform program has received a boost from the African Development Bank through a $40 million budget support loan to be provided by the African Development Fund, the concessional arm of the Bank Group.
Barclays Africa officially relaunches as Absa Group
11-07-2018 | 13:15:54
Barclays Africa Group Limited has officially been renamed Absa Group Limited and started trading under its new name and new share code (ABG) on the Johannesburg Stock Exchange.
Remittances from Egyptians abroad up by 41.2% in April 2018
11-07-2018 | 11:08:15
The Central Bank of Egypt announced a rise in remittances from Egyptians working abroad by 41.2 percent in April, reaching about $2.3 billion compared to $1.7 billion during the same month last year.
[Nigeria] Zenith Bank joins Commonwealth Council as strategic partner
11-07-2018 | 06:27:00
Zenith Bank Plc, Nigeria’s largest bank by shareholders’ fund and customer deposits, has been picked as a strategic partner of the Commonwealth Enterprise and Investment Council (CWEIC).
Hafez Ghanem appointed World Bank Vice President for Africa
10-07-2018 | 06:20:20
The World Bank has appointed Hafez Ghanem as the new World Bank Vice President for Africa, effective July 1.
Western Union opens office in Ivory Coast
09-07-2018 | 13:38:00
Western Union, a leader in global cross-border, cross-currency money movement, announced today the opening of an office in Ivory Coast.
Diamond Bank Nigeria appoints Oluseyi Bickersteth Chairman, BoD
09-07-2018 | 11:19:00
Diamond Bank has announced the appointment of Mr. Oluseyi Bickersteth as the new Chairman of the Board of Directors effective June 26, 2018.
[Benin] World Bank provides $40 Million to expand social safety nets
09-07-2018 | 09:00:00
The World Bank has approved an International Development Association (IDA) grant of $40 million to support the government of Benin in its efforts to increase poor communities’ access to basic social services and social safety nets.
[Kenya Business Week] Cementing US trade with direct flights
06-07-2018 | 10:12:00
Known for its aggressive approach in selling its economic sectors, Kenya has this week been on a charm offensive, as both public and private players step up efforts to win investors and grow businesses.
Millennium Challenge Corporation announces new collaboration with AfDB
04-07-2018 | 08:04:31
The U.S. Government’s Millennium Challenge Corporation Chief Operating Officer Jonathan Nash and African Development Bank Group Senior Vice-President Charles Boamah have announced new opportunities for collaboration between the institutions.
Samaila Zubairu appointed AFC's 3rd President & CEO
03-07-2018 | 10:58:00
Africa Finance Corporation has announced the appointment of Samaila D. Zubairu as the Corporation's 3rd President & Chief Executive Officer, succeeding Andrew Alli who comes to the end of his tenor, having successfully served in the position since 2008.
FAPA approves four projects worth $3.9m for African SMEs
03-07-2018 | 07:52:00
FAPA donors have approved four projects worth US $3.9 million, bringing the total number of FAPA approved projects to seven and the cumulative grant amount to US $6.4 million since the beginning of this year.
Guaranty Trust Bank Tanzania goes live on ICS BANKS
02-07-2018 | 09:52:00
ICS Financial Systems has announced that Guaranty Trust Bank Tanzania, subsidiary of Guaranty Trust Bank, has successfully gone live on ICS BANKS Universal Banking Solution.
Central Bank of Egypt to forgive EGP16.8b in interest payments on debt
02-07-2018 | 08:46:00
The Central Bank of Egypt has launched an initiative to relieve 3,500 companies and 337,000 individuals from interest payments on non-performing loans.
[Kenya] Victoria Commercial Bank receives $10 million loan from WBC
29-06-2018 | 13:21:57
WorldBusiness Capital, Inc. (WBC) has announced the closing of a $10 million, 10-year commercial loan to Victoria Commercial Bank Limited (VCB) of Kenya.
[Nigeria Business Week] Racing toward growth, partnerships, targets
29-06-2018 | 12:18:00
This week has shown interesting developments in a wide range of sectors in Nigeria - Hospitality, Real Estate, Agribusiness, Banking, Automotive, Oil and Gas and as always, ICT remains a busy sector.
AfDB approves $116 million loan to Central People's Bank of Morocco
29-06-2018 | 06:40:05
The Board of Directors of the African Development Bank Group has approved a line of credit of 100 million euros for the benefit of the Central People's Bank of Morocco (BCP).
Blue Turtle launches fintech go-to-market for Africa
28-06-2018 | 11:19:38
Blue Turtle, a player in enterprise technology management, has unveiled a new go-to-market strategy that will assist financial services companies to better make use of new technology to drive business.
AfDB approves Mozambique’s country strategy paper 2018-2022
28-06-2018 | 06:41:00
Mozambique’s agriculture sector plays a paramount role in its economy, in particular from a rural growth perspective, given its large yet untapped potential for agro-business and agricultural value chains.
World Bank invests $200m in Kenya's efforts to manage climate risks
27-06-2018 | 11:06:11
The World Bank has approved a $200 million International Development Association (IDA) credit to assist Kenya in managing the impacts of climate and disaster risks.
African post offices can boost remittances in rural areas, IFAD report
26-06-2018 | 13:26:00
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, according to a report recently released.
[Nigeria] UBA introduces Lounge Key Airport Program on Gold MasterCard
26-06-2018 | 11:15:00
Pan-African financial institution, United Bank for Africa (UBA) Plc, has announced the re-introduction of its ‘Lounge Key’ programme at the airports.
AfDB approves $62m loan for Uganda's water and sanitation distribution
26-06-2018 | 08:34:00
In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has approved a US$ 62-million concessional loan to finance its Strategic Towns Water Supply and Sanitation Project.
Intra-Africa payments clearing and trade on the rise, SWIFT report
26-06-2018 | 06:55:01
SWIFT’s report, “Africa Payments: Insights into African Transaction Flows”, reveals that intra-Africa payments clearing and trade is increasing in importance.
World Bank deepens regional integration support in Sub-Saharan Africa
25-06-2018 | 10:58:12
The Board of Executive Directors of the World Bank Group have endorsed a new strategy to partner with Sub-Saharan African countries and regional bodies to deepen regional integration.
Tunisia banks’ credit to women can drive economic growth, IFC report
22-06-2018 | 06:47:00
By ramping up their lending to female entrepreneurs, banks in Tunisia could dramatically increase their profits while also driving economic growth across the country, says a new report from IFC, a member of the World Bank Group.
[Nigeria Business Week] Optimism grows with investments
21-06-2018 | 13:12:54
It has been said by several economic experts that the country’s path to greatness lies on the fields of Agriculture, and not on petroleum.
[Kenya Business Week] Blazing the trail in economic growth
21-06-2018 | 09:44:00
At a time when the rest of Africa continues experiencing suppressed growth occasioned by drought, political upheavals and low private sector activity, East Africa has been in the headline this week.
Resilient East African economies to enjoy sustained growth, report
21-06-2018 | 06:04:27
Ongoing improvement in East Africa’s economic prospects is forecast by Ecobank’s research team in the newly published East Africa section of its flagship financial website, AfricaFICC.
Launch of Coris Bank deepens Islamic banking in Africa
20-06-2018 | 13:26:47
Islamic banking is gaining a strong footing in African region with the launching Islamic banking windows of Coris Bank International in Mali, Senegal, Benin and Côte d’Ivoire.
AfDB joins Global Infrastructure Facility as technical partner
20-06-2018 | 06:27:23
Africa’s infrastructure financing needs are huge. Innovative partnerships are needed to bridge the financing gap and accelerate infrastructure development in Transport, ICT, Water and Energy, that are considered as drivers for growth.
KCB most attractive bank in Kenya, Cytonn report
19-06-2018 | 11:49:38
Cytonn Investments has released its 2018 quarter one Banking Sector Report, which ranks KCB Group as the most attractive bank in Kenya, a position it has retained since 2015, supported by a strong franchise value and intrinsic value score.
[Kenya] World Bank approves $50 million to boost SMEs
19-06-2018 | 06:27:21
The World Bank has approved a $50 million International Development Association credit to increase scale innovation and productivity amongst Kenya’s enterprises.
Madagascar receives $40m from World Bank to improve electricity sector
18-06-2018 | 08:37:00
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
[Madagascar] World Bank approves $40 million for electricity sector
18-06-2018 | 06:17:52
The World Bank has approved an International Development Association credit of $40 million to improve Madagascar’s electricity sector governance and operations.
South African Reserve Bank to launch Nelson Mandela banknotes
14-06-2018 | 06:24:00
The South African Reserve Bank is set to launch its first commemorative banknote series, in celebration of the first democratically elected president Nelson Mandela’s birth centenary.
Afreximbank has invested $17 billion in Nigeria to date
13-06-2018 | 06:23:40
The African Export-Import Bank (Afreximbank) approved financing amounting to $17 billion for Nigerian entities between its commencement of operations in 1994 and last December, Bank President Dr. Benedict Oramah has said.
[Nigeria] Union Bank receives PCI DSS recertification
12-06-2018 | 10:02:24
Union Bank announces its attainment of the Payment Card Industry Data Security Standard version 3.2 recertification and the International Organisation for Standardisation ISO/IEC 27001:2013 certification.
[Nigeria] Buhari appoints new Central Bank Deputy Governor
11-06-2018 | 13:11:00
President Muhammadu Buhari has approved the nomination of Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of Nigeria subject to Senate confirmation.
[Nigeria] CBN issues guidelines on currency swap deal with China
11-06-2018 | 13:09:00
The Central Bank of Nigeria (CBN), on Thursday, released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
Equatorial Guinea joins Afreximbank as 50th participating State
11-06-2018 | 07:15:00
The African Export-Import Bank has welcomed Equatorial Guinea as its 50th member state with the country’s signing of the Instrument of Accession to the Bank’s Establishment Agreement in Malabo on Wednesday.
[Nigeria Business Week] Collaborations birth opportunities
08-06-2018 | 09:20:00
The forming and maintaining of strategic, mutually beneficial partnerships is pertinent to the development of any economy, especially a growing one like Nigeria.
Microsoft Nigeria, First Bank collaborate to bolster SMEs
07-06-2018 | 08:00:00
Microsoft and First Bank of Nigeria will collaborate to provide small- and medium-sized businesses (SMBs) with an array of resources and support, including business networks, technology services and SMB-targeted products.
AfDB promotes better access to mortgage finance in Ghana
07-06-2018 | 06:22:00
The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana.
IFC invests in Bank of Africa to expand SME lending in eight countries
04-06-2018 | 13:14:00
IFC, a member of the World Bank Group, has announced a $60 million investment in a regional risk-sharing facility to support Bank of Africa Group’s lending to small and medium enterprises in eight African countries.
I&M Bank Rwanda unveils mobile banking app
04-06-2018 | 09:23:00
I&M Bank Rwanda Ltd has unveiled SPENN, a free mobile banking app covering both personal and business accounts.
FAO and Rabobank to work with Africa smallholders to grow agribusiness
04-06-2018 | 06:22:00
Africa boasts huge potential for social and economic development, with agribusiness poised to play a major role.
Africa Development Bank provides $1 million to Sudan's debt relief
01-06-2018 | 13:45:00
The African Development Bank and Sudan’ Finance and Economic Planning ministry have presided over the signing of a $1-million grant to facilitate Sudan’s access to debt relief.
[Ghana] Williamsville set to acquire True Life Capital Microfinance
01-06-2018 | 08:15:00
Diversified holding corporation Williamsville Sears Management Inc has signed a Letter of Intent for the acquisition of True Life Capital Microfinance Limited, a Ghana-based microfinance firm.
MoneyGram launches money transfer service to all bank accounts in Ghana
31-05-2018 | 08:52:00
MoneyGram has announced the launch of money transfer service directly to any bank account in Ghana. Funds can be sent via MoneyGram online or at any one of MoneyGram's thousands of locations around the world.