Ecobank Transnational Incorporated, the parent company of the pan-African banking Group present in 35 African countries yesterday reported its unaudited financial results for the nine months ended 30 September 2013.

Securitas has acquired the security solutions companies Rentsec and Vamsa in South Africa. Total enterprise value is estimated to approximately MSEK 57 (MZAR 90).

The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II.

African payments provider iVeri’s EMV chip-and-PIN mobile payments solution, MPress has been approved by the Visa Ready program. The approval applies for use within Visa Inc. territories.