Africa’s Small Businesses Deserve World Class Banking
Sub-Saharan Africa faces an estimated US$ 100 billion financing deficit for MSMEs. Closing this gap will require coordinated action from commercial banks, credit unions, mutual
MTN completes Ghana mobile money spinoff in major fintech push
MTN Group, Africa’s largest telecommunication company, has completed the separation of its mobile money business in Ghana, in a move to turn fintech into a
Italy fines Revolut €11.5m
Revolut says it will appeal the decision in court, with the firm telling Reuters in a statement: “We remain confident that our communications are clear
Ripple Treasury Launches the First Treasury Management System With Native Digital Asset Capabilities
A treasury management system now offers native digital asset capabilities for the first time, giving CFOs a unified real-time view of fiat and digital liquidity
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