Managers of Wealth Africa

CoralPay introduces first interoperable USSD

CoralPay earlier in the year announced its entry into the Nigerian payment industry

PenCom Sets Up IT Infrastructure To Support Micro Pension

The Commission added that in accordance with the Provisions of Section 2(3) of the Pension Reform Act (PRA) 2014, it is set to include the self-employed and persons working in organisations with less than three employees under Micro Pension.

South African Government Establishes Crypto Assets Regulatory Working Group

The taxation laws amendment bill of 2018 included amendments that, Mboweni explained, would ensure that losses may only be offset against profits from crypto.

East Africa must harness a digital financial services ecosystem

These positive trends are the result of sustained efforts on the part of the private sector, donors and government alike.

2019: What to expect from cyber criminals

We have seen our fair share of scams and cybercrimes this year, from the infamous 419 scams to phishing and hijacking of social media accounts, to ATM scams.

Following Mobile Money's Rise In Africa, Mobile Banking Is Now Booming

As its name suggest Bank Zero Mutual Bank won't charge fees and will focus on savings.

Arrow Capital selected Axia for their wealth management operations

The firm was looking for a future-proof investment management platform that would support automation of their processes and scalability of services as a result of future business growth, while offering a unique user and client experience.

AfDB invests $7.5m in Africa Tech Ventures

ATV will provide seed investment to early stage companies that improve and facilitate access of essential goods and services to the underserved, effectively promoting inclusive growth.

German bank KfW trials blockchain technology for public finance management in Burkina Faso

The trial is being supported by Burkina Faso’s Ministry of Finance.

Implementation of Blockchain in African Nations to Wipe out Corruption

High infrastructure costs and low income of the general populace prevent financial institutions from providing services to the unbanked in the African continent.

SA fintech startup takes second place at Techcrunch Startup Battlefield Africa

Bettr in June reported that it had launched the alpha version of its community-built financial ecosystem and said in a statement last week, in which it announced its second place at the Techcrunch event, that it plans to launch its offering to market next

Objectway mentioned in Gartner’s Market Guide for Digital Banking Platforms

This Market Guide provides Gartner’s initial coverage of the market and focuses on the market definition, rationale for the market and market dynamics.

Business deals push Kenya's mobile money accounts to 45m

Deals worth Sh3.90 trillion were settled via mobile phones in the period

Mobile money holds key to financial inclusion in Africa, experts say

Bringing banking to more Africans means aligning public and private sector objectives and exploiting the gains made by mobile money payment solutions.

Kaspersky Lab shares Middle East, Turkey and Africa (META) 2018 Financial Insights and Predictions for 2019

Cryptocurrencies have also become an established part of many people’s lives, and a more attractive target for cybercriminals across the world, which resulted in a rapid increase in malicious mining of cryptocurrencies.

With 2018 coming to close, it seems that Fintech is still the preferred sector in Africa for global VCs to invest in

Investors (locally and internationally) are still backing the new wave of Fintech startups that are levelling the playing field for the unbanked and underserved in Africa.

Local Virtual Banking Platform Shines At TechCrunch Africa

As the runner-up, Bettr was named Africa’s second most promising start-up.

Standard Bank digital cash flow hits R85bn

Standard Bank says its customers have embraced its enhanced digital capability and platforms.

Why South African SMEs should adopt disruptive tech

An example recently seen in South Africa, is the disruption of the banking sector with the rise of app-based banks such as TymeBank that has completely removed the traditional brick-and-mortar bank and its associated physical queues; the official launch o

Kenya calls for joint efforts to curb cyber crime, mobile money fraud

The country's top prosecutor noted that there was need to fortify governance and law enforcement to fight crime.

FinTech