Managers of Wealth Africa

StanChart okays $10,000 for women in tech

The Standard Chartered Women in Tech program targets female-led entrepreneurial teams and provide them with training, mentorship, and seed funding.

Banks' digital shift roadmap

More than 85 percent of the banks surveyed indicated that these two strategic outlooks inform their digital transformation journeys.

West African Monetary Institute & EMTECH partner to enhance FinTech regulations

EMTECH is a modern central bank technology and services company offering an integrated SaaS platform with products such as the Digital Regulatory Sandbox and Central Bank Digital Currency.

Big banks strike back with own fintechs

Squad’s performance only shows the extent to which Nigerian banks are going to secure their top share of the market in financial services amid a very motivated fintech ecosystem.

West African Monetary Institute & EMTECH partner to enhance FinTech regulations

EMTECH is a modern central bank technology and services company offering an integrated SaaS platform with products such as the Digital Regulatory Sandbox and Central Bank Digital Currency (CBDC).

Chinese hackers attacked Kenya in part to assess debt

The security breach started with a spearphishing attack after a State employee downloaded an infected document unknowingly in 2019 and went on up to last year

MultiChoice betting big on gambling and new payment platform in South Africa

MultiChoice said that it is partnering with KingMakers, a sports and gaming betting company, to launch a new online betting service in South Africa.

UBA, Access Bank, GTB, 6 Others Cash Out N74 Billion From Mobile Apps, USSD, PoS Transactions

FBNQuest stated that the increase in the value of electronic transactions in Q1 of 2023 compared to last year could be due to CBN’s naira redesign policy and the reduction of cash in circulation.

Kenyan banks jump onto AI bandwagon

Fintechs and telcos eating into their market is making them innovate

Stanbic IBTC unveils fintech subsidiary

The subsidiary will leverage cutting-edge technology and expertise to provide customers with new and improved ways for businesses

Big trouble for Telkom

On a normalised basis – excluding once-off costs – the picture is slightly better for the group, but the hit to earnings is still severe, with a reduction between 60% and 80%.

Facctum launches anti-fincrime technology for Nigerian banks

Facctum uses a combination of cloud and state-of-the-art parallel processing technology

Digital banking: Kenya welcomes Fingo Africa

It empowers Africa’s youth by enabling them to open a bank account for free by means of their mobile phones in less than four minutes

StanChart sets 6.58 percent rate on its mobile lending

StanChart’s SC Juza platform allows one to borrow from Sh1,000 to Sh100,000 every week. The cost of the short-term credit comprises a processing fee of 5.5 percent and interest rate of 1.08 percent per month.

What digital banking looks like one year post-Covid

Redefining traditional banking without losing the personal touch.

Nigeria confirms 5% duty exemption for telecom sector

A six-member committee recommends concessions for the sector

Cost of sending mobile cash up, bank transfers to fall

The reintroduced rates are lower by up to 61 percent from what was in place before the pandemic.

Rain launches into the mobile network space

Customers with rainOneTM can seamlessly port their existing number and use rain mobile as their primary SIM, with national 4G mobile coverage.

The Growth of Mobile Money in Africa and its Impact on Traditional Banking Systems

Understanding the mobile money revolution

BOI Charges SMEs on Innovation to stay Afloat

“In most economies, SMEs contribute between 40-55% of GDP and 50-80% of employment, according to the World Bank. 22% of Africa’s working-age population are entrepreneurs – the highest entrepreneurship rate in the world according to Afric