Managers of Wealth Africa

South Africa leads Africa in digital quality of life - study

The annual Digital Quality of Life Index study placed South Africa at 72nd, Kenya 76th and Nigeria 88th out of 121 countries globally

Lenders adopt more ‘smart branches’ in growing drive for digitalisation

“We shall therefore continue seeking new branches opened to facilitate access to more consumers but at a much slower pace than it was before especially pre-Covid.”

5 Ways Tech is Building Better Customer Experiences in Insurance

For the majority of consumers, the most visible example of this technological shift is their insurer’s smartphone app.

Fintechs can drive financial inclusion through AI, says Kora

The report, which was a collaborative work by Kora and Finextra, highlighted that AI was already being used for machine learning algorithms, customer behaviour analysis, demographics, and data to create more personalised experiences for consumers.

Kenya woos global tech giants with green energy data centres

Our data centres power the products and services you’ve come to rely on every day.

Accelerating digital inclusion and sustainable transformation: Africa

The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation

Insuring against cyber-attacks

Overall, 92% of all respondents said that their organisation currently has some level of cyber insurance coverage in place

Bridging the trade finance gap: Absa’s digital journey in Africa

In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.

The Future Of African Banking

Three Key digital trends that are shaping banking in Africa, and how Absa CIB is working with fintechs to co-create that future.

M-Pesa goes live in Ethiopia

The service has gone live three months after Safaricom secured a payment instrument issuer license from the National Bank of Ethiopia.

The Future of Digital Banking and Transacting in Africa

As Standard Bank, we are no strangers to peer-to-peer (P2P) payments, which have been widely used to enable informal and small business ventures at the heart of many African economies

Ecobank Fintech Challenge Announces Finalists to Compete in Innovation Showdown

Among the finalists is Flexpay Technologies from Kenya

SA’s Ukheshe partners Diamond Trust Bank to deliver BaaS in East Africa

Mark Dankworth, president of business development at Ukheshe Africa, said the company was thrilled to partner with DTB as a progressive bank that shared its vision for BaaS.

Africa’s $3bln payment startup Flutterwave presses ahead with IPO plans

Company growing its presence in the markets it is currently in and possibly seeking acquisitions

Kenyan fintech Zanifu raises $11.2m

The Zanifu Android app allows small retailers to procure inventory from their suppliers and pay once they have sold the goods.

Stanbic IBTC Holdings renames newly launched fintech division

Stanbic IBTC Holdings has adopted a new name for its financial technology arm that came to life in May after 16 months in the works, the financial services group

M-pesa entry into Ethiopia signals start of mobile money battle

Ethiopia offers a substantial market, with its population of 120 million, compared with Kenya’s population of 53 million.

Ivory Coast Raises Digital Awareness in West Africa Through ‘Responsabilité Numérique 225’

This initiative positions Ivory Coast as a forerunner in digital awareness and education in West Africa.

Mobile money in Ghana isn’t all good news: customers are paying a hefty price

Similarly, the total value of transactions increased to GH¢ 978.32 billion ($87 billion) in 2021, from GH¢ 571.80 billion ($50 billion) in 2020 according to the central bank.

FirstBank Nigeria launches humanoid robots amid digital customer interaction push

The first robot was installed at the Adetokunbo Ademola VI Lagos Digital Experience Center

FinTech