Business – Page 2 – Africa Fintech Network

China signs up 26 financial institutions for digital-yuan cross-border payments

China’s central bank has brought a fresh batch of financial institutions into its digital-yuan network for cross-border payments, extending a currency that began life as

Flutterwave hits $3.25 billion valuation in Ripple-backed Series E

Flutterwave, Africa’s most valuable fintech company, has raised a Series E round at a $3.25 billion valuation after an investment from Ripple, a United States-based

CBN gives banks and fintechs 6 months to localise payment data

The Central Bank of Nigeria (CBN) has directed banks, fintechs, mobile money operators, and other payment service providers to store payment transaction data generated within

PawaPay Reaches Three Billion Mobile Money Transactions Through Single API Platform

PawaPay, a leading pan-African payments aggregator, has processed three billion successful mobile money transactions through its platform – a milestone that reflects growing demand from

UK Commits £15m to Drive Nigeria’s Digital and Economic Transformation

The UK and Nigeria have launched a new £15 million Growth Programme designed to unlock private sector investment and accelerate economic transformation. The three-year initiative

Interswitch Partners with Temenos to Expand Digital Banking Services Across Africa

Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, and Temenos, a global leader in banking technology, announced a collaboration, wherein Interswitch will adopt

Gabon Boosts Digital Economy Push with 82 Billion CFA Franc Investment Plan

Gabon is positioning digital technology at the centre of its national economic transformation strategy, according to an interview with the Minister of Digital Economy, Digitalisation

Mastercard launches Agent Pay for Machines

Mastercard says it expects a future where businesses create services for AI agents to buy and use. Operating at machine speed, these agents could transact

The eNaira struggled as a wallet. Now the CBN wants it to power payments

When the Central Bank of Nigeria (CBN) launched the eNaira in October 2021, it presented the project as a landmark step in Nigeria’s push towards a cashless economy.

Namibia and Angola Join Forces to Accelerate Digital Transformation

Namibia and Angola have strengthened their bilateral ties in the digital sector with the signing of a Memorandum of Understanding (MoU) aimed at enhancing cooperation

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Tag: Business