Managers of Wealth Africa

Officials suspended over fake AI sources in government policy

The draft policy was recently withdrawn from public consultation following revelations that fictitious references were used during the policy development process.

African Development Bank Group and India Advance Investment in Digital Systems and Industrial Development Ahead of the India-Africa Forum Summit

Building on this longstanding relationship, collaboration with African countries reflects shared experience in developing scalable, cost-effective solutions for large and diverse populations.

Absa Bank Transforms Fraud and Debt Tools with WhatsApp

Operating across 13 countries in Africa, the bank has turned to interactive technology to manage rising fraud risks and support customers facing financial commitments amidst high inflation and interest rate hikes.

Absa boosts fraud prevention & collections with WhatsApp

The approach increased self-solve cases by 47% for digital and card fraud and improved fraud-investigation customer communication by 121%.

Nigeria among top 20 countries in global cybercrime complaints

Financial losses also surged from $17.8 million in 2001 to $20.877 billion in 2025, with the average loss per victim estimated at $20,699.

Money Fellows, Wafacash partner to digitise savings in Morocco

Under the partnership, Money Fellows will contribute its digital platform and operational expertise, while Wafacash will provide local infrastructure, distribution capabilities, and customer reach.

African lenders push for innovation financing reform

Participants highlighted that despite the expansion of Africa’s digital economy, access to affordable, long-term funding remains limited.

NITDA urges firms to disclose cyberattacks promptly

The agency warned that hiding such incidents increases risks for other organisations in Nigeria’s increasingly interconnected digital ecosystem.

Shettima unveils Nigeria’s first varsity AI innovation hub

Ogunsola, however, called on stakeholders to join hands with the government to ensure meaningful investment in university education

Stats SA breached in cyberattack

The attack was perpetrated by a cybercrime group known as XP95, which breached the Gauteng Provincial Government earlier this month.

Afreximbank Launches Inaugural Accelerator Programme Cohort to Scale Africa’s Digital Trade Ecosystem

Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the most promising ventures building digital infrastructure for intra-African trade from across the continent.

The real reason Absa wrote off R2.4-billion in software

Absa CTIO Johnson Idesoh says the speed at which software is changing influenced its recent R2.4-billion write-down.

Grace AI Lab enters banking market with automation and compliance tools

These systems are designed to connect with a bank’s internal platforms, including core banking systems and card management infrastructure.

Standard Bank hit with data breach at Liberty

Liberty sent notifications to all affected clients via SMS, stating that it regrets any concern caused.

Does SA really need another ZAR stablecoin?Langelihle Nkabinde from Easy

Equities explains the role of the new Zaru rand stablecoin and why it’s so important.

African banks face “survival mode” as fintech disruptors reshape the region’s financial sector

Traditional banks in East Africa are confronting an uncertain future as financial technology firms expand rapidly and regulators begin to open the door to their innovations.

Nigeria records $96bn crypto transactions – SEC

According to him, the regulatory framework governing the space has been reinforced with the enactment of the Investment and Securities Act 2025

South African telecoms group MTN swings to annual profit

South Africa-headquartered MTN had reported a restated loss before tax of 4.1 billion rand in 2024.

MML’s MoMo transactions hit GH¢4.1trn in digital finance surge

The sharp growth in float reflects increasing consumer trust in mobile wallets as a store of value and a key transactional platform in Ghana’s fast-evolving digital payments landscape.

SA traders are using crypto to access the S&P 500 and Nasdaq

The convergence of crypto and traditional finance is reshaping access to global markets – and it’s a shift PrimeXBT is built for.

FinTech