06/25/2018
Naspers targets Africa’s financial services industry
'We intend to bring credit solutions to all of our PayU markets, including Africa,' says CEO Bob Van Dijk
FinTech
06/22/2018
Bancor To Launch First Blockchain-Based Community Currencies in Kenya
Bancor is seeding the initial currencies by contributing capital generated from its $153 million token sale in June 2017.
06/21/2018
Robo Advice and beyond. What are the gains?
Axia Robo Advisor with its cutting-edge technology achieves a unique user experience, delivering a complete offering of omni-channel wealth management services, adding significant value to their operations.
06/19/2018
Banking through Mobile Money Technology in Africa
Rwanda is moving towards cashless economy through cashless operation using ICT tools. In Rwanda ratio of e-payments transactions to GDP rose from 0.3 per cent in 2011 to 16.5 per cent in September 2016.
06/19/2018
Why regulator wants answers from South African insurer Liberty following cyber attack
Insurer Liberty Holdings faced questions from South Africa’s Information Regulator on Monday, a day after the company said it had become the victim of a cyber attack.
06/19/2018
Google’s next A.I. research center will be in Africa
Google will open an artificial intelligence (AI) research center in Accra, Ghana, later this year, its first on the African continent.
06/18/2018
Will SA banks pursue open banking before they need to?
Global trends and the ability to deliver true real-time banking functionality make it likely.
06/12/2018
Sanlam partners with Plug and Play on insurtech
The life insurance company joins Plug and Play Insurtech to tie the South African insurtech ecosystem to Silicon Valley.
06/12/2018
70% of bitcoin owners in SA are under 30 years old
Paxful claims that cryptocurrencies are mainly purchased by bank transfers or gift cards.
06/11/2018
SSC leak exposes personal info online
The SSC, which has over 200 000 beneficiaries, draws its funds from compulsory deductions from every worker who receives a basic salary.
06/10/2018
World Remit, First Bank Boost Digital Money Transfer in Nigeria
The latest deal between the World Remit and First Bank would deepen mobile money service and financial inclusion in the country
06/08/2018
South Africa’s Central Bank Debuts Interbank Settlement System on JPMorgan’s Quorum
The South African Reserve Bank (SARB) has released its report on Project Khokha, a Proof-of-Concept designed to simulate a real-world trial of a distributed ledger technology (DLT)-based wholesale payment and settlement system.
06/08/2018
Bitcoin exchange paxful recognizes the opportunity cryptocurrency offers Africa
The economy of Africa has been severely buffeted by many factors over the years. However, P2P finance platforms like Paxful recognize the opportunity cryptocurrency offers Africa.
06/07/2018
Rwanda to launch innovation fund next week
He made a case for innovation, saying that one of the key elements of African development is to catalyse the innovation spirit in Africa through supporting and promoting young innovators in different sectors such as agriculture, ICT, energy, and education
06/07/2018
Unleashing Africa’s next generation of digital innovators
Digital innovations have the power to solve the continent’s development challenges and are generating new job opportunities
06/07/2018
South Africa’s Central Bank Test Ethereum-Based Blockchain Payments
An important point to mention is that the transactions were processed within 2 seconds and with full confidentiality and 100% settlement rate.
06/05/2018
Kenyan banks rush to keep up with innovation
Micro lender Okash, under Opera's Opay payment platform, has enjoyed rapid growth and currently processes Kshs 10m worth of loans per day, just two months after its pilot phase.
06/05/2018
Zimbabwe’s Golix launches $32m ICO, expands further
“The GLX token will also be used to facilitate remittances and international payments at lesser fees, compared to current banking methods."
06/05/2018
First blockchain based platform unveiled in Rwanda
SPENN was developed by Blockbonds, a Norwegian financial technology company that is working to formally financially include the unbanked population which remains relatively high in the country.
06/01/2018
Nigerian tech firm secures $10m grant from Swiss-based NGO
Don Chancellor, President of Africunia bank said the time has come to tackle poverty in Africa using every available means adding that technology will help do this.