1st Quarter 2014 Issue 27 An IC Publication

THE POWER

Can Africa’s mobile money replace the banks themselves?

Banking Security: Is biometrics the answer? The ABC of Private Equity Financing infrastructure Islamic style Star Interview: PTA’s Admassu Tadesse Nigeria: AMCON – Damned if it does; damned if it doesn't Ethiopia: Private banks make hay

OFM

0 1

9 7 7 1 7 5 7 1 4 1 0 1 8

EUROZONE €8.00, UK £5.50, USA $9.95, CFA Zone CFA5.000, Egypt E£40, Ethiopia R100, Gambia Da100, Ghana GH¢10.00, Japan ¥1400, Kenya KShs580, Kuwait KD2.500, Mauritius MR300, Morocco Dh60, Nigeria N1000, Sierra Leone LE 20000 Singapore S$14, South Africa R45.00 (inc tax), other Southern African countries R35 (excl tax), Switzerland SFr15.00, Tanzania TShs10,000, Tunisia TD5.000, UAE Dh30, Uganda USh15,000, Zambia ZMK 30