Managers of Wealth Africa

Leading Nigerian banking into the digital age

Wema Bank has reinforced its position as an innovative leader in the Nigerian digital banking space as it launched ALAT, the country’s first fully digital bank, in 2017

UAE confirmed as regional hub for digital start-ups

New report says MENA digital start-ups attracted $650m in funding in 2017, with 76% based in the UAE

World Bank says service sector growth, digital investment could boost job growth in MENA region

Countries in the region, which have an abundance of oil reserves, have long relied on oil revenues for economic growth.

Ecobank Supports African Start-ups

The Group CEO, Ecobank, Mr. Ade Ayeyemi, reiterated the bank’s dedication to support innovations in banking and finance across the continent.

Cryptocurrency - Developments in Mauritius

Governments worldwide have also been kept busy trying to stay abreast of the developments in this industry

Sarb urges harmonisation in fintech

The Financial Sector Regulation Act came into effect at the start of this month

Senate Working to Grow Digital Financial Technology in Nigeria, Says Saraki

He said: “FinTech growth requires us to pay attention to all of these, and to come up with regulatory frameworks that will safeguard our people."

MFS Africa becomes first African FinTech funded by a China-based VC

MFS Africa will work with LUN Partners Group to boost financial inclusion in countries targeted by China’s ‘Belt and Road’ initiative

Visa takes Everywhere Initiative to Nairobi Tech Week

The Sub Saharan edition of the Visa Everywhere Initiative was launched last month and tasks start-ups to develop solutions to possible business challenges, while enhancing their own product proposals.

How the Reserve Bank is experimenting with blockchain tech in South Africa

The project’s goal is to replicate interbank clearing which currently runs on the South African Multiple Option Settlement system.

Why cryptocurrencies could be the solution to Africa’s payments challenges

The technology is greatly needed in regions where most people are poor (by developed country standards), and the majority do not have bank accounts or credit cards.

Life after Bitcoin: Understanding the cryptocurrency and betting on its future

Now, investors are taking the time to understand the real-world application of the cryptocurrency and betting on its future.

Need for speed: Why African banks must work with fintech startups

This was a view shared by Stuart van der Veen, disruption lead in the Corporate and Investment Banking team at Nedbank, which has invested in Entersekt and works with startups like Aerobotics.

Using platforms to build wealth over time

Naspers then promised not to sell any more of its Tencent shares, at least for the next three years and for good reason.

Mobile banking and instant compliance

M-PESA not only disrupted the traditional financial systems, in developing countries, but it has also provided the impetus for others such as Apple Pay, Venmo, Android Pay and so on to be developed.

BRICS Prioritizing Digital Economy

The incoming chairman of the BRICS Business Council, Dr. Iqbal Surve, said the “4th Industrial Revolution” was characterized by dramatic and disruptive change in the ways societies are run, ANA reported.

Banking, FinTech professionals unveil Open Banking Nigeria initiative

The Open Banking Nigeria initiative is being driven by a group of banking and FinTech experts who are committed to the expansion of innovation within the Nigerian financial space.

Sasfin rolls out SA’s first dedicated SME banking platform

Banking group aims to meet needs of SMEs ‘neglected’ by larger competitors.

Why no bank is going to acquire your fintech startup

Camilla Swart is ecosystem manager at Rise, the startup space launched by Barclays – now rebranded as Absa – in Cape Town in 2015, from where the bank runs its Techstars-powered accelerator programmes.

Orange targets Africa to increase mobile banking operations

French telecoms group seeks banking licence covering 8 countries in west African union