AFDB has Approved €7.5 Million to Boost Continent’s Tech Start-ups
The African Development Bank (AfDB) Group has approved a €7.5 million investment in the Breega Africa Seed I Fund, marking a major push to finance
Flutterwave Secures Nigerian Banking License to Accelerate Payment Efficiency
Flutterwave Inc., Africa’s leading payments technology company, today announced it has secured a Nigerian banking license. This license enables the company to hold funds and
CBN gives banks 21 days to grade their cyber defences
The Central Bank of Nigeria (CBN) is tightening the screws on cybersecurity, and this time, it wants the industry to grade itself first. In a circular
Ghana’s National ID cards can now make payments
Ghana’s National Identification Authority (NIA), a statutory body mandated to establish a national identification system, has now added a digital wallet to the Ghana Card, the identification card
M-PESA Africa engages Stanford Business School on role of fintech in economic transformation
M-PESA Africa has hosted a delegation from the Stanford Graduate School of Business to explore the impact of digital financial infrastructure on economic growth and transformation. The
Paymentology and Bank Zero Partner to Expand Access to South Africa’s Financial Ecosystem
Paymentology, the leading global issuer-processor, today announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. As Bank Zero’s first
Flutterwave and Kulipa Partner to Launch Stablecoin Payment Cards Across Africa
Flutterwave has announced a strategic collaboration with Kulipa, alongside Turnkey and Our Nuvion, aimed at enabling stablecoin-based payment cards and improving the usability of digital assets across Africa.
After years of trying, Moniepoint breaks into Kenya with Sumac acquisition
Moniepoint has finally secured entry into Kenya after completing the acquisition of a 78% stake in Sumac Microfinance Bank. The deal marks the end of a
KashNow Strengthens Fintech Position with Egypt Startup Label Approval
KashNow has announced a significant step forward in its growth journey, revealing that it has been approved as part of the process to obtain Egypt’s Official
How PAPSS is fixing Africa’s cross-border payments, four years on
When the Pan-African Payment and Settlement System (PAPSS) launched in January 2022, it aimed to address one of Africa’s most persistent trade barriers: the high cost and