Managers of Wealth Africa

Nigerian banks want a slice of the lucrative digital pie

Digital banking in Africa has been a hot topic over the past decade, with some experts calling it the ‘golden age of fintech’.

Africa Data Centres To Build New Facility In Johannesburg

With the build now underway, Matagne confirms that while certain parts of the project will be built on-site, others like the critical plant room are prefabricated off-site and integrated during construction.

SA suffers as cybercrime rises globally

A more grounded figure from US global computer security company McAfee puts global losses in 2017 at $600bn, which nonetheless amounts to more than the income of almost all but a few countries.

How Lonestar Cell MTN Is Driving Financial Inclusion in Liberia

Such a revolution is now making it increasingly rare for individuals to keep stacks of banknotes on their persons or at home.

Financial inclusion: Kenya’s mobile magic

Kenya is among the top three African countries that are innovators in the financial sector –followed by South Africa and Nigeria

What Facebook's Libra will have to do to succeed in Africa

Libra aims to target the unbanked, but it needs to recognise that American finance culture is not universally accepted

Rwanda Is Bringing Tech Buzz to Africa

The factory, owned by Rwandan company Mara Group, was a major milestone for Kigali, which has spent a generation emerging from the ashes of the nation’s genocide in 1994 by refashioning itself as a tech hub.

African start-ups play vital role for social development

Ghana-based social enterprise mPharma manages prescription inventory for pharmacies to make medicines more affordable for Africans.

2019: a critical year for biometrics and digital ID in the Global South

Despite the market growth, legislation falls short almost everywhere. “At the start of 2019, over 120 countries had adopted data protection laws. So there are still many more to go

From Interswitch to OPay: Here are Technext’s Top 5 Fintech Players of 2019

With the high influx of funds and the emergence of more startups together with the growing technological innovation, Fintechs became the leading force driving financial inclusion

M-Pesa mulls Africa expansion plan

To achieve this we need to explore strategic technology partnerships and work with key financial institutions.

Nigerian Fintech Platform Carbon Expands into Kenya

Taking our services to Kenya represents the first step in realizing that vision.”

African tech startups can tap millions of dollars from new funds launched in 2019

More than 20 new VC funds that aim to invest in African tech startups were launched this year.

Vodafone targets Africa’s unbanked with ambitious plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services

MTN South Africa sets mobile money relaunch date

Both MTN and Vodacom (with M-Pesa) launched mobile money services in South Africa years ago but both withdrew from the market after failing to gain the traction they sought.

Locally-made Mara phones get strong SA corporate backing

Smartphone manufacturer expects to see the ‘real growth’ of its brand in SA from 2020

SA fintech startup Airbuy looking to expand in 2020 following positive rollout

It has already signed up more than 50 merchants, and is adding an average of two more each week, a figure director Tshepang Kobo said will grow substantially with the additional investment.

ATIB introduces biometric KYC as part of its digitalisation process

The bank adds that biometric identification guarantees 100 percent safety.

Digital economy to bring rise to 21st-century unions

“As technology increasingly changes the world of work, there are signs of a number of converging trends that will make unions more relevant, powerful and visible,” explains Jack Orlik, researcher at Nesta.

Visa: improving access to digital payments in Africa

In addition, MFS Africa will integrate Visa’s real-time push payments solution into its platform to provide a fast, convenient and secure way to send and receive money and remittance.

FinTech