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Mastercard pulls out of Facebook’s Libra project

But now, Mastercard CEO, Ajay Banga has pulled out of Facebook's proposed cryptocurrency, Libra. Detailing the reasons why Mastercard has ditched the 'stable-coin' project, Banga blames three main concerns over compliance, monetisation and generally Facebook's tight-fisted grip over the...

MasterCard reveals leadership shuffle

MasterCard has announced a series of Middle East and Africa leadership changes, effective January 1, 2016. Raghu Malhotra has been appointed president, Middle East and Africa, taking over from Michael Miebach, who will become chief product officer, based at the...
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AfDB Group Welcomes New Director to President’s Cabinet

The African Development Bank Group (AfDB)has nominated Dr. Emmanuel Pinto Moreira as Director of Special Operations in the President's...
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