Managers of Wealth Africa

Oracle Opens Data Centre to Provide Cloud Services Across Africa

Oracle is racing to open at least 44 cloud regions this year as it plans to catch up with cloud computing rivals such as Microsoft, Amazon and Google.

Finclusion raises $20M to build out credit-led neobank offering across Africa

Finclusion Group, a fintech that uses AI algorithms to provide financial services to African customers via an array of credit-centric products, has raised $20 million in debt and equity pre-Series A financing.

Standard Bank launches platform to get working capital to African MSMEs

More than 70% of retailers who were onboarded were eligible for credit after the initial 30-day period, and over 80% of those who used credit once went on to become repeat borrowers.

The future of FinTechs and open banking in Africa

As the payments phenomenon became truly global during the pandemic, Africa has emerged as a new FinTech hub.

Finclusion raises $20M to build out credit-led neobank offering across Africa

The fintech intends to grow existing operations in South Africa, Eswatini, Kenya, Namibia and Tanzania and expand into Mozambique and Uganda.

British fintech firm raises $7.4m for emerging markets

Fintech Farm partners banks to enter new markets instead of getting its banking license.

African Development Bank Board approves US$170 million for investment in Nigeria’s digital and creative start-ups

The programme targets more than 68 million Nigerians aged 15 to 35 years who are recognised as leaders of innovative, early-stage, technology-enabled start-ups or as leaders of creative sector micro, small and medium sized enterprises (SMEs).

Innovations that will reshape business in Kenya in the future

As 2021 has come and gone, many businesses are still responding to changes in the business environment brought on by the COVID-19 pandemic.

Tech in 2022: Building on the unicorn boom

US tech investors are waking up to the potential of Francophone Africa, while agritech, healthtech, cleantech and proptech are the continent's rising sector stars.

Cryptocurrency to be regulated in South Africa by the end of 2022: Luno

Regulation will also boost the number of formal partnerships between banks and crypto companies which will facilitate greater crypto adoption.

South Africa ranks 21st in crypto ownership

Of the people in South Africa who said they own some form of cryptocurrency, 56% of crypto owners own Bitcoin, making it the most popular cryptocurrency.

5 Digital Banks set to revolutionise Banking in Africa in 2022

The digital transformations have paved the way for the birth of digital banks in Africa, forming the springboard for what 2022 is to unfold.

Standard Bank, Africa’s Largest Bank by Assets, Partners with a Reputable Blockchain Think Tank

Blockchain Research Institute (BRI) is a global blockchain think tank that has expanded its work on the continent courtesy of cooperation with one of Africa's largest banks, Standard Bank.

UBA to expand services on chatbot

“With this in mind, we have ensured that Leo continues to enjoy periodic and systematic upgrade with special emphasis on enhanced advancements and specialised unique features where necessary.”

UBA commits to transforming digital banking with new offerings

Leo has the ability to do a wide range of things, including funds transfer, call card top-up, checking of account balance

2022 Predictions: Innovations that will reshape business in Kenya

Automation has been with us for centuries, but its application in the digital age is something entirely new.

UBA’s Leo Clocks Four, Set to Further Transform Digital Banking in Nigeria, Africa

Leo, which the bank stressed, had proven to be the most formidable artificial intelligence chat bot till date

Morocco Leads North Africa in Bitcoin Trading

Peer-to-peer trading in cryptocurrency in Morocco is showing no sign of slowing down as the county tops North Africa’s trading volume.

Bank of Tanzania Plans February Launch of Instant Payment System

Dadi added that Tips will allow for the cost-effective and secure interoperability of digital financial services between payment service providers.

10 African startup founders & CEOs to watch in 2022

The question then is this —which African startup founders should we expect to see dominating 2022? Let's take a good guess based on what happened last year.