Morocco’s Central Bank Tests Digital Currency for Cross-Border Payments
Rabat — Morocco’s central bank has completed its first digital currency experiment focused on peer-to-peer retail payments and now moves forward with cross-border payment trials.
Bank Al-Maghrib (BAM) Governor Abdellatif Jouahri announced the news on Monday, adding, “We are conducting another experiment in collaboration with the Central Bank of Egypt and with support from the World Bank on cross-border transfer use cases.”
BAM’s governor made the announcement during the opening of the 2025 continental seminar of the Association of African Central Banks (ABCA), which runs from July 21-23 in Rabat under the theme “Cyber-risks and innovative financial technologies: challenges and strategic measures.”
Kenya : M-Pesa partners with PayPal for cross-border payments
On July 21, Kenya’s leading mobile money platform, Safaricom’s MPesa, partnered with PayPal, enabling over 30 million users to send and receive money globally. This integration enhances cross-border fintech capabilities and supports e-commerce growth across Africa.
The move reflects growing investor confidence in African digital finance and positions Kenya as a regional fintech hub amid rising demand for interoperable global payment solutions.
Read more: https://africa-news-agency.com/kenya-m-pesa-partners-with-paypal-for-cross-border-payments/
Q LINK – Redefining the future of payments in South Africa
Q LINK, a proudly South African fintech and financial service provider, is driving transformation across the country’s payments and collections landscape.
With nearly three decades of experience, Q LINK delivers purpose-built solutions that help businesses maximise operational efficiency, strengthen compliance, and achieve payment certainty at scale.
27 UK Firms Eye Nigeria’s Fintech, Sustainability Space as Mayor of London Visits Lagos
In a landmark trade mission to Nigeria, 27 UK companies in fintech, enterprise technology, and sustainability explored high-value investment opportunities across the country.
The delegation, led by the Mayor of London, Sadiq Khan, was supported by London & Partners, the Mayor’s official business growth agency.
Akurateco and enza Join Forces to Revolutionize Digital Payments Across Africa
Akurateco, a global white-label payment software provider, is proud to announce a strategic partnership with enza, Africa’s bold new force in payment technology, to simplify and scale digital payment services across the continent.
This collaboration unites two mission-driven companies in a shared vision: liberating the world of payments to build a more financially inclusive Africa.
Through this partnership, Akurateco’s PCI DSS-compliant white-label payment orchestration platform will serve as a foundational layer for enza’s mission to democratize commercial possibilities for buyers and sellers. Akurateco drastically reduces development time and cost for launching payment services, enabling enza to focus on innovation, customer experience, and financial inclusion at scale.
SaaScada & CLOWD9 Partner to Enable End to End Cloud Technology for African Banks
SaaScada CLOWD9 Partnership marks a pivotal step in modernising African banking. This cloud-native partnership increases financial access to remote areas by allowing banks and fintechs to launch services more quickly and affordably. To satisfy the growing demand for digital services across the continent, the joint offering offers issuer payment processing and core banking innovation.
SaaScada, a leading cloud-native core banking platform, and CLOWD9, the world’s first cloud-native decentralized issuer payments processing platform, today announced their strategic partnership, formalized during the historic London Mayor’s Fintech Trade Mission in Kenya. This collaboration is set to transform the African banking landscape by providing end-to-end cloud technology solutions, enabling financial institutions to offer services at a fraction of the cost of current providers and extend coverage to remote areas.
Read more: https://ffnews.com/blog/2025/07/21/saascada-clowd9-partnership-africa/
