Managers of Wealth Africa

South Africa takes first steps towards AI regulation

The framework states that an AI policy would “serve as the foundational basis for creating AI regulations and potentially an AI Act in South Africa”.

How Nigeria, South Africa are leading Africa’s crypto charge

Crypto is reshaping the continent’s financial landscape, with Nigeria maintaining its position as a global leader.

Reserve Bank’s big move to go cashless in South Africa

Growing rapidly with more than 1 million transactions per day, PayShap enables more accessible, convenient and secure payments for everyday transactions.

Akuna Wallet Unlocks the Digital Economy for African Creatives

Working closely with local regulators, Akuna Wallet alleviates one of the biggest obstacles facing Ghanaian creators when exporting their work internationally.

Zenith Bank completes IT infrastructure migration

Adaora also expressed gratitude to customers for their patience during the migration

Strong growth for South African software development company Codehesion

Codehesion is an award-winning South African software development company that produces world-class work for its clients.

National Bank of Ethiopia Unveils Interbank Market Platform to Boost Liquidity for Banks

The newly introduced Interbank Money Market platform provides an efficient and transparent marketplace, enabling banks to address liquidity needs by engaging in short-term transactions.

Francophone Africa moves to embrace Google Workspace

Kombat notes that there are several benefits to procuring Google Workspace through the Digicloud Africa Google partner network

Warning over scams on the rise in South Africa

Recently, Momentum’s Cyber Security Team warned that scammers are on the rise

NCDMB invests in R&D to promote innovation

It noted that one example was Amal Technology, which manufactured gas leak detection devices and printed circuit boards in Abuja.

Why investors must seek professional advice- Ebi

Technology is at the heart of this transformation.

Bank spearheads digital banking services for Tanzanians

"We have enhanced our digital services to align with the government's initiative to expand banking services to the underserved, while continuing to support traditional banking methods."

Afin Bank secures licence to serve African diaspora in the UK

It will offer residential and buy-to-let (BTL) mortgages to people living in England and Wales

Banks slashing jobs in South Africa

Over the same period, Absa’s staff count dropped from 28,296 to 27,085, representing a 4.3% reduction.

Mobile Money accounts surpass 65 million, transactions exceeding GHS 1.9 trillion BoG

The Bank of Ghana underscores the critical role of Rural and Community Banks (RCBs) in the national financial inclusion agenda.

Cybercrime warning in South Africa

Overall, the total number of cyber claims in 2024 is expected to stabilise, following a 30% increase in frequency during 2023, which resulted in 700+ claims.

Afreximbank pushes for AI-driven compliance to boost African trade

Our goal is to make regulatory adherence more efficient and robust by leveraging AI technology.

Standard Bank’s massive cybersecurity team

Standard Bank spends more than R1-billion/year keeping its systems safe from attackers.

Capitec warns about fraud and scams targeting customers in South Africa

BusinessTech spoke to Capitec to hear what the most common types of banking scams they are seeing are at the moment.

Standard Bank, Absa and Nedbank are hunting for South Africans with these skills

The rapid adoption of digital banking in South Africa is mainly due to increased mobile penetration, growing access to the Internet, and a rising consumer appetite for convenience and efficiency.

FinTech