Managers of Wealth Africa

7.2 million digital financial services users in Africa

The launch and growth of digital financial services has led to an unprecedented increase in the number of people enjoying access to formal financial services.

Visa Partners PalmPay to Deepen Financial Inclusion Across Africa

The mobile wallet will offer customers a platform to top up funds electronically

African banking moves to digital channels

Banks can adopt one of four distinct digital strategies: The first is to digitally transform their existing operations, to increase their share of digital sales and transactions to beyond 60% to 70% on each measure, as Kenya-based Equity Bank has done.

Special Report – A Roadmap for FinTech Firms Entering the Fast-Growing Emerging Markets

The report also examines market dynamics in key countries.

Afreximbank aims to creat digital ecosystem to ease trade finance

That was why many African countries were importing products from outside the continent while neighboring countries were exporting the same products at a much lower cost.

Objectway is one of the 100 World's Most Innovative

The WealthTech sector is one of the fastest growing verticals of FinTech

Japan, US investors get in on the African start-up scene

“We didn’t expect to hit the symbolic $1bn mark before 2020, it’s going faster than we expected,” says Cyril Collon, the study coordinator, who co-leads the Partech African branch.

The Case for Responsible Investing in Digital Financial Services

As data analytical capacities increase, data driven lending is emerging across the globe, and companies providing digital loans are quickly growing.

Mauritius FSC recognises Security Token Offerings in its legislation

The above-mentioned terms are defined in the Securities Act or in the Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008.

KCB customers to now make payments from UnionPay App & on Apple Pay

This new partnership will enable the digitalization of payments at retailers, large and small, to take advantage of one of the world’s fastest growing payment processing networks.

Network listing provides profitable exit for early backers

On top of this, forecast economic growth is strong in the region and the population is growing.

Fidelity Bank Seeks Increased Board Participation In Cyber security

He disclosed that rapidly evolving data breaches and attacks have caused significant financial and reputational damage to many organisations.

Banks adopt new customer service tools to drive business

Some banks have started engaging customers with intelligent self-service tools to drive customer service experience.

Mobile money transactions grow a record 14.2pc in January

According to the Communication’s Authority of Kenya latest statistics, Safaricom’s M-Pesa commands a comfortable lead at 80.8 percent, Airtel at 11.9 percent, Equitel at 6.6 percent, T-cash at 0.4 percent and Mobi Pay at 0.3 percent.

To attract foreign investment, Africa must regulate cryptos

Internet penetration has also taken root quite quickly, with some countries registering over 1000% rises in the past decade.

Standard Chartered Bank opens new innovation hub in Kenya

The bank believes that the fintechs can use the new innovation hub for the development of new technologies and solutions.

The World's Leading Blockchain Experts Descended on African Soil

Matthew Arnett explained to us what a real Security Token Offering (STO) will look like and why the Bahamas standard is one to follow

Information technology must not be the exclusive privilege of the elite

Research has shown that if governments harness the full economic potential of just the internet, Africa could add $300 billion to its GDP by 2025. Also, 70% of all jobs will have an ICT component by 2020.

E-commerce will boost Africa free trade

The AfCFTA seeks to create an integrated African market of 1.27 billion consumers, expected to reach 1.7 billion by 2030

Nigerian fintech Kudi raises $5 million

90% of all transactions in Africa still rely on cash.