09/07/2023
Accelerating digital inclusion and sustainable transformation: Africa
The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation
FinTech
08/31/2023
Insuring against cyber-attacks
Overall, 92% of all respondents said that their organisation currently has some level of cyber insurance coverage in place
08/30/2023
Bridging the trade finance gap: Absa’s digital journey in Africa
In the wake of the pandemic, the global economy has seen a confluence of challenges, including geopolitical risks, interest rate changes, and commodity price fluctuations.
08/30/2023
The Future Of African Banking
Three Key digital trends that are shaping banking in Africa, and how Absa CIB is working with fintechs to co-create that future.
08/29/2023
M-Pesa goes live in Ethiopia
The service has gone live three months after Safaricom secured a payment instrument issuer license from the National Bank of Ethiopia.
08/28/2023
The Future of Digital Banking and Transacting in Africa
As Standard Bank, we are no strangers to peer-to-peer (P2P) payments, which have been widely used to enable informal and small business ventures at the heart of many African economies
08/28/2023
Ecobank Fintech Challenge Announces Finalists to Compete in Innovation Showdown
Among the finalists is Flexpay Technologies from Kenya
08/25/2023
SA’s Ukheshe partners Diamond Trust Bank to deliver BaaS in East Africa
Mark Dankworth, president of business development at Ukheshe Africa, said the company was thrilled to partner with DTB as a progressive bank that shared its vision for BaaS.
08/23/2023
Africa’s $3bln payment startup Flutterwave presses ahead with IPO plans
Company growing its presence in the markets it is currently in and possibly seeking acquisitions
08/22/2023
Kenyan fintech Zanifu raises $11.2m
The Zanifu Android app allows small retailers to procure inventory from their suppliers and pay once they have sold the goods.
08/22/2023
Stanbic IBTC Holdings renames newly launched fintech division
Stanbic IBTC Holdings has adopted a new name for its financial technology arm that came to life in May after 16 months in the works, the financial services group
08/21/2023
M-pesa entry into Ethiopia signals start of mobile money battle
Ethiopia offers a substantial market, with its population of 120 million, compared with Kenya’s population of 53 million.
08/18/2023
Ivory Coast Raises Digital Awareness in West Africa Through ‘Responsabilité Numérique 225’
This initiative positions Ivory Coast as a forerunner in digital awareness and education in West Africa.
08/16/2023
Mobile money in Ghana isn’t all good news: customers are paying a hefty price
Similarly, the total value of transactions increased to GH¢ 978.32 billion ($87 billion) in 2021, from GH¢ 571.80 billion ($50 billion) in 2020 according to the central bank.
08/16/2023
FirstBank Nigeria launches humanoid robots amid digital customer interaction push
The first robot was installed at the Adetokunbo Ademola VI Lagos Digital Experience Center
08/15/2023
Absa CIB joins Contour trade finance network
Many of Africa’s trade transactions are manual and paper-based, which slows down trade growth and creates another layer of complexity and costs.
08/15/2023
Mastercard buys minority stake in MTN fintech business
The deal follows an earlier $100 million investment by Mastercard two years ago in MTN's chief rival Airtel Africa.
08/15/2023
Unique mobile uptake rises to 64 percent
The Communications Authority of Kenya (CA) counts multiple SIM cards in a process that saw it place the country’s mobile uptake at 130.5 percent in the quarter ended March 2023.
08/14/2023
Nigerian Exchange preps dollar settlement platform for fintechs
NGX is addressing this by securing approval from the Securities and Exchange Commission in the US to launch a technology board for fintechs and tech companies to raise capital.
08/14/2023
FirstBank Launches Automated Self-Service Branch In UI
First Bank of Nigeria Limited has launched its second fully automated branch