Managers of Wealth Africa

Is digital the new South African currency?

Over the last two unprecedented years, the need to social distance and safeguard our health has also accelerated the growth of digital payments.

Safaricom and Gulf African Bank launch Shari’ah-compliant mobile financing solution

Halal Pesa will empower M-PESA customers who have previously been locked out of access to financing due to barriers such as the lack of Shariah modelled mobile facilities.

Old Mutual Limited Extends BPM Partnership with SS&C

"We are committed to seamlessly transitioning organizations to digitized and optimized business processes at scale."

Sudan Central Bank Warns on Cryptocurrency Use as Economy Tanks

The Sudanese pound lost at least 15% of its value this month after the central bank allowed it to float.

Iress unleashes a new era of fund administration for Maitland

The Iress implementation has been an integral part of a larger initiative to increase automation and straight through processing

The Challenges in Getting Internet Access to All South Africans

South Africa enjoys an interesting position in terms of its Internet when compared to the rest of the world, and more specifically, the rest of the continent.

Kenya’s central bank warns of risks in cryptos

Speaking in Mombasa during World Consumer Rights Celebration Day 2022 on Tuesday

African governments can’t be both referees and players in consumer fintech

Central banks are launching digital currencies across Africa. But government attempts to own the retail payments space are leading to failure.

United Bank for Africa partners with Cellulant to expand across Africa

Already over US$15 billion in gross value payments are processed by Cellulant across the shared markets – and this partnership has the scope to expand the numbers significantly.

Fidelity Bank Set to Demystify Online Payments with PayGatePlus

Everything we do as a financial organisation including the design of our products and services has the customer as the main focus.

Cellulant, UBA to expand payments in 19 African countries

“We are delighted to welcome the United Bank for Africa as a new banking partner,” said Group CEO at Cellulant, Akshay Grover.”

South Africa sees a surge in contactless payments via smart devices, says FNB

FNB says South African consumers and businesses are increasingly using smart devices to make contactless tap-to-pay payments

Ghana’s Central Bank Wants Digital Currency Available on Mobile Apps

Mobile-money transfers have a fee, but eCedi transactions are free of additional charges.

Crypto Exchange FTX Partners With Kenya Firm to Expand in Africa

AZA Finance was founded in Kenya in 2013 by Elizabeth Rossiello and has expanded across Africa

African fintech Moove raises $105mln in series A round

Will now be able to use its latest funds to unlock economies of scale and introduce new products

Gartner Top Strategic Technology Trends for 2022

Composable applications make it easier to use and reuse code, accelerating the time to market for new software solutions and releasing enterprise value.

Nedbank’s Avo App Scores Over 1-Million Users

Nedbank also has weekly deals on goods merchandise ranging from tech, appliances, and fashion with access to affordable and convenient financial services products.

Ghanaian fintech Dash raises $32.8M seed to build connected wallets for Africans

An alternative payment network with connected wallets allowing a mobile money user to transact with a bank account would fix this problem, and that’s the premise of Ghana-based fintech Dash.

Cryptocurrencies for transactional use in South Africa

These volatile, wild swings have cast doubt on whether cryptocurrencies can be used for day-to-day transactions.

EBRD boosts investment in Tunisia through digitalisation

The EBRD and TIA last month launched a digital investor guide at the EU Africa-Business Forum in Brussels.

FinTech