Managers of Wealth Africa

Why Nigerian startups are turning to debt over equity

Three founders with direct experience of the funding market have now told Nairametrics why that shift is happening, from three different angles.

MTN seeks to capitalise on African SME mobile lending growth

Telco to pursue banking licences to capture loan growth on its own balance sheet

Ghana’s Central Bank Boosts AI, Big Data Use In Economic Forecasting

The central bank also uses machine-learning models alongside conventional econometric models for GDP forecasting and text-mining analysis.

South Africans with banking apps on their phones lose R141 million every month to fraud

This data is collected with the aim of informing how the industry can better protect customers, where vulnerabilities lie, and what tactics criminals are using.

Telecoms operator MTN eyes banking licences as it pushes deeper into lending

MTN currently provides loans through partnerships with banks.

INCM: New Telecom Licensing Regulation Cuts Approval Time to 15 Days

The instrument, approved under Decree No. 36/2026 of 16 July, is already in force and replaces the previous regulatory framework, revoking Decree No. 26/2017 of 30 June.

Best Treasury and Cash Management Banks 2026 | Africa

Growing regulatory and data demands spur improved performance.

Afriex Strengthens Cross-Border Payments Infrastructure with New GIB Partnership

The partnershipThe partnership is expected to strengthen the banking infrastructure supporting Afriex’s B2B Payments API is expected to strengthen the banking infrastructure supporting Afriex’s B2B Payments API, enabling faster settlement, bro

Kenya: Government Warns Against 'Outsourcing Our Brains' to AI

He said Kenyans need to examine how they are using AI rather than focusing only on the country's high adoption rates.

Banking apps taken over in South Africa

Cybercriminals don’t compromise the banking app itself to access victims’ accounts; they use other methods to attack people’s smartphones or steal banking credentials.

Global Finance Names The 2026 Best Corporate Digital Banks In Africa And The Middle East, In Partnership With Infosys | Round I

Winners were chosen from entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology, and outsourcing.

Interswitch, Temenos Commit to Advancing Nigeria’s Digital Banking Technology

This will enable institutions to progressively transform their banking platform and evolve to more customer-centric business models.

Stables and access bank south africa explore new cross-border payment infrastructure

The two organizations will evaluate payment and settlement solutions, with any products subject to regulatory approval.

Finnovex South Africa 2026 concludes with remarkable success

Finnovex South Africa 2026 concludes successfully, bringing together industry leaders to drive fintech innovation and financial transformation.

Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances

A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.

CBN lists five strategies to drive next stage of fintech growth in Nigeria

Cardoso, who was represented by Rakiya Yusuf, director, Payments System Supervision, added that Nigerians should be able to transact with confidence, including during periods of high demand.

MTN Nigeria hits N1.09 trillion H1 2026 profit, up 75.4%

Declares N26 interim dividend

Fitch cautions about African bank growth

Fitch said expanding in Africa could enhance South African banks’ earnings prospects in the longer term as developing a pan-African franchise would compensate for the local subdued credit growth.

Absa Bank Kenya Automation Surge: $31M Tech Spend Drives 71% Process Automation

The heavy automation drive reflects a broader structural shift in East Africa’s banking sector, where customer engagement has almost entirely migrated away from physical brick-and-mortar networks to digital and alternative self-service channels.

Mozambique Approves IP Strategy to Study AI Patentability and Digital Rights

In that context, the document sets as a target to ‘modernise the administration of IP rights through the use of ICT, including AI’, as well as to ‘digitalise all IP rights administration procedures’.

FinTech