Managers of Wealth Africa

Firms to Scale Digital Banking Services across Africa

This is a pivotal moment for Interswitch as we accelerate our expansion beyond payments and reimagine digital banking for Africa.

Mastercard launches Africa Cybersecurity Centre of Excellence

The Africa Cybersecurity Centre of Excellence is a multi-year initiative led by Mastercard that will begin a phased rollout in 2026, starting with South Africa and Nigeria.

World Bank Announces Up to USD 25 Million Program to Improve Access to Digital Devices in Mozambique

The announcement was made by Anna-Elisabeth Costafrolaz, World Bank representative, during the 5th National Communications Conference, while addressing the challenges of digital inclusion in the country.

Blockchain Captured 5.3% of Africa’s Venture Funding in 2025

The report shows blockchain accounted for 5.3% of all African venture funding in 2025, nearly double the global average of 3%, even as overall capital flows into the sector contracted.

Absa and Salesforce expand AI focus

This agreement extends across various business divisions, with broader deployment planned across the group’s African regions.

New bank launching in South Africa

The startup sees the country as a strategic entry into Africa and plans to expand further on the continent.

MTN Ghana announces fibre broadband price cuts

The company has also introduced a 300 Mbps unlimited package at GH¢444 and a 500 Mbps unlimited package at GH¢999.

Ripple buys stake in Flutterwave, valuing startup at $3.3bn

The deal reflects the strategic fit between the two companies as demand grows for faster and cheaper cross-border payments across Africa.

Ripple backs Africa’s most valuable startup in equity deal valuing it at $3.2 billion

The deal shows Flutterwave’s continued push to scale its payments infrastructure across Africa, while deepening ties with global players in the blockchain and cross-border payments ecosystem.

Major SA bank launches five-minute ‘AI loans’ in new partnership

A major SA retail bank has partnered with a leading fintech company to launch a quick and efficient AI-powered personal loan service.

Egypt’s largest bank takes stake in fintech unicorn MNT-Halan, lifting valuation to $1.4 billion

The investment values the company at $1.4 billion, up 40% from its unicorn valuation in 2023.

Airtel Africa, leading Tier 1 banks drive N834.67 billion equities gain on Tuesday

ASI advances 0.53% to 244,697.62 points as market recovery extends to third consecutive session

UBA wins 2026 Banker Technology Award for AI innovation, launches upgraded mobile app

The award is a fitting recognition of UBA Plc for its innovations in digital payments, e-business, and the use of artificial intelligence to drive seamless cross-border banking across more than 20 African markets

How digital banking is reshaping Kenya’s economy, one customer experience at a time

This shift is not merely technological. It reflects a fundamental change in how individuals and businesses expect financial services to work — fast, seamless and on demand.

Stanbic Bank calls for responsible digital lending

Speaking at the 3i Africa Summit 2026, he stressed that sustainability and positive customer outcomes must remain at the centre of financial innovatio

UN: AI data centres to consume more power than Nigeria, two other countries

Water consumption from data centres is projected to more than double from 4.5 trillion litres to 9.3 trillion litres by 2030, enough to meet the basic water needs of 1.3 billion people in Sub-Saharan Africa.

AI reshapes Nigeria’s workforce as CEOs cut reliance on traditional roles

The comments reflect a growing reality in Nigeria’s corporate landscape, where businesses are embracing AI tools to improve efficiency while reassessing workforce requirements.

SA banks battle rising fraud attempts amid digital banking growth

The survey paints a picture of an increasingly complex fraud environment driven by faster payments, artificial intelligence tools, data leaks, and organised criminal syndicates operating across borders and digital platforms.

SARS responds to data breach claims

The claims emerged over the weekend, when a group calling itself Nullsec Nigeria said it breached SARS and the South African Information Technology Agency (SITA).

Can tokenisation spark an economic revival in SA?

That’s the process of converting ownership rights in financial or RWAs into digital tokens on the blockchain.

FinTech