Managers of Wealth Africa

Boom time for mobile app startups in Tanzania

After a relatively slow start, Tanzania is charging ahead with digital transactions as an increasing number of startups offer a multitude of services to the country’s population of nearly 60m.

Ecobank announces fintech challenge 2021 finalists

The top three finalists will receive cash prizes of US$15,000, US$12,000 and US$10,000.

Ecobank Nigeria Sensitises Customers On e-Naira

The e-Naira wallet is required to access, hold, and use the e-Naira.

South Africa Has a New AI-Powered Digital Transformation Advisor

The AI solution applies 100’s of algorithms developed using the collective intelligence of various subject matter experts to digitise business assessments.

Standard Bank Group selects Flutterwave

The integration will help customers including individuals, SMEs, large companies and institutions to fully leverage the power of digital payments and e-commerce to grow their businesses.

MFS Africa collects $100M to expand its digital payments gateway across the region

The company confirmed to TechCrunch that it has raised $100 million in Series C financing — split between $70 million equity and $30 million debt.

The World Bank is investing billions in this South African tech group to offer universal internet

The investments will also support Liquid Intelligent Technologies in the continued rollout of its fibre broadband network, which today covers more than 100,000 kilometres of sub-Saharan Africa.

Mobile banking: MTN, Airtel market cap gains N637.12bn as CBN approval looms

It is all about the approval.

Nedbank super app Avo reaches 20K merchant milestone

The COVID-19 pandemic led to explosive growth in online sales, as consumers across the globe find safety and convenience in e-commerce channels.

Insurance professionals urge operators to embrace digitisation

It recognised the need for professionals to learn and acquire new soft skills required to achieve digital operations.

Full Text: BoG Governor's address at Digital Banking, Innovation & Fintech festival

It is important to note that the burden of security awareness is not only on market players.

Expert Explains How Blockchain for Payments Will Boost AfCFTA

Highlighting the advantages of the Blockchain for payment at the Africa Tech Alliance Forum (AfriTECH2021), which held in Lagos recently, Akindeinde said it would reduce the risk of corruption and transaction costs.

UBA GMD wins ‘Finovator of the Year’ Award

The United Bank for Africa, Africa’s global bank, was also named as winner, ‘Excellence in Digital Banking’ award at the same event.

Net1 aims for fintech crown with ‘transformational’ R3.7bn deal to acquire Connect Group

Connect Group CEO Steven Heilbron said his company has become "one of South Africa’s fastest growing fintech businesses" serving SMMEs.

Net1 in blockbuster R3.7bn fintech acquisition

Deal has been described as ‘transformational’ for its business.

Nestcoin is a former Binance director’s plan to make crypto in Africa mainstream

And while Facebook, in its curious rebrand to Meta, hopes crypto will form a central role in its future success, FT columnist Jemima Kelly believes it will be as useless in the metaverse as it is right now in the real world.

Innovating to net zero: An executive’s guide to climate technology

Advanced technologies are critical to stopping climate change—and the drive to develop and scale them is accelerating. Here are five themes that could attract $2 trillion of annual investment by 2025.

South Africa's Stitch raises $2m; moves into Nigeria

Stitch will initially offer a seamless, tokenized pay-by-bank product to help businesses and fintechs in Nigeria improve their user experience, eliminate fraud and reduce fees associated with other payment methods.

Webcast | Mauritius, propelling FinTechs to success - Panel with industry leaders

A Sanne-hosted webinar focusing on the Fintech landscape in Mauritius and how it can propel FinTechs to success.

World Bank Provides $150M for Governance and Digital Economy Project

The World Bank justifies the measure with the fact that “60% of the Mozambican population does not have official civil identification (identity card).”