Managers of Wealth Africa

Capitec more scared of Apple than South Africa’s new digital banks

The South African Reserve Bank’s Prudential Authority approved the company’s application for a banking licence in November 2022.

Sars’s AI-enhanced audit capabilities wreaking havoc on taxpayers

Imagine waking up to a Notification of Audit and Request for Relevant Material, ‘based on risk(s) detected’.

Ghanaians show little interest even as governments spend some $184m on spyware

Some of the technologies also include facial and car number plate recognition.

Steady rise in the value of e-payment transactions

The value of electronic transactions has been on an upward trend since Jul ’23.

Modest m/m growth in broadband connections

This follows a modest decline of -2.7% m/m in January.

AI and digital innovation to continue driving banking in Africa - KPMG survey

Africa was currently poised to be the second fastest-growing regional economy

Interoperability issues pose setback to SA’s open banking

The report provides insights into the dynamic payment landscape of SA, highlighting challenges and opportunities.

Renew Capital makes debut investment in Ghana, backing local digital bank Affinity

Before launching the new tech fund in February 2023, the firm launched the Renew Venture Lab Fund series for early-stage tech companies, which took a "founder first" approach.

Digital trade protocol for Africa

Why it matters, what’s in it, and what’s still missing.

Ghana said to have potential to be technology-driven economy in five years

On Artificial Intelligence, Mr Larbi said it is the future and businesses needed to embrace it as it help them in rendering their tasks efficiently

ACI Worldwide and Arab Financial Services Look to Drive Payments Modernisation Across MEA Region

The company provides numerous groundbreaking, end-to-end digital payment products, services and solutions to banks and merchant groups.

Nigerian fintech, Thepeer shuts down

It hoped to connect wallets across over 400 fintechs across the continent to enable payments.

Despite Desires for Digital Tech, Adoption Faces Challenges in Africa

The adoption of technology by Africa’s SMEs presents unique challenges.

Department of Science and Innovation – Enabling digital growth in South Africa

“There is no shortage of remarkable ideas or people,” said the DSI.

First Bank launches new digital experience center, assures users of data security

Beyond providing seamless banking services, First Bank’s Group Executive, Technology Digital Innovation and Services, Calistus Obetta highlighted the crucial importance of data security given DXC’s fully automated features.

Pan African Bank, Cybervergent Collaborate to Enhance Cybersecurity Resilience

The partnership is coming at a time when businesses are grappling with the persistent menace of cyber threats that disrupt operations and threaten the integrity of sensitive financial data.

FirstBank Unveils Digital Experience Centre Fully Automated Without Human Intervention In Lagos

A key pillar of the transformation of the bank has been investment and deployment of technology to exceed our customers’ expectations consistently.

Why Temenos Leap can be transformational for our clients in MEA

Leap is all about ensuring our clients have these capabilities through the latest version of our modern, cloud platform.

Cooperative Bank of Oromia launches new apps with Temenos to elevate digital experience and advance financial inclusion in Ethiopia

Temenos Digital (Infinity) solution enables a seamless, consistent experience across mobile and web with greater personalization

Republic Bank elevates customer experience with cutting-edge core banking software upgrade

Thus customers can manage their accounts, transfer funds, and conduct transactions with greater ease and efficiency.

FinTech