Managers of Wealth Africa

70% of bitcoin owners in SA are under 30 years old

Paxful claims that cryptocurrencies are mainly purchased by bank transfers or gift cards.

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.

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

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.

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.

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

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

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.

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.

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."

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.

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.

South African tech startup establishes European footprint

With a presence in Johannesburg, Pretoria and Cape Town, the new Dublin office (situated nearby the famed Dublin Docks) affirms Black Beard as a truly global player within technology innovation.

Profile Software launches next Leasing solution

In particular, the Leasing Management module ensures end to end automation from the Origination, through the activation of Lease and up to the Debt Collection and Recovery operations.

Fintech in Africa: what investors are looking for

A recent study by McKinsey found room for growth in meeting unmet banking needs in Africa.

Nigeria: Union Bank introduces first bot software for banking services and operations

The manager indicated that the RPA technology is part of the bank’s transformation program

South African Investment Firm to Launch Cryptocurrency Exchange

“The cryptocurrency market is evolving at a rapid pace internationally and domestically, and is attracting both domestic and international flows.”

Growth for SA-developed AI cryptocurrency

Accuracy is heightened by the predictive model that encompasses nine areas of strategy, Reddy says.

South Africa’s Central Bank Calls Crypto ‘Cyber-Tokens’, Not Currency

The Reserve Bank has established a fintech task force to review its stance toward private cryptocurrencies

Tech: Biometric ATM technology comes to South Africa

Remembering your pin will soon be a thing of the past as South African banks lead the change to biometric ATMs.

FinTech