Managers of Wealth Africa

Africa: Small Loans - Microcredit Means More People Can Borrow Money - but More Scrutiny Is Also Needed

In an attempt to restore confidence, global development agencies quietly rebranded microfinance.

Kenyan Bitcoin Mining Startup, Gridless Raises $2 Million In Seed Funding

The company plans to expand to other geographies in East Africa in the near future.

Nedbank: Shifting digital boundaries with commercial banking redesign

Nedbank recognised that commercial market companies want more trusted support from a bank – they want advisors that can offer advice, insight, and support to take their respective businesses to the next level.

How Crypto will Change Banking in Africa

Africa’s banking is still largely cash-based but there has been an increase in the use of digital payment systems within Africa, especially in the sub-Saharan region.

Visa pledges to invest $1 billion in Africa

The investments will also focus on strengthening the payment ecosystem through new innovations and technologies, supporting digitisation of economies, and investing in upskilling, talent development and capacity building.

Nigerian Agricultural Fintech Wins 2022 Visa Everywhere Initiative

Thrive Agric has also been announced as the winner of the Visa Direct award for its role in shaping the future of money movement in Nigeria.

Polaris Bank CEO urges auditors on tech

Given the dictates of digital transformation, audit function must become more proactive and less reactive, he said.

Broadridge and Strate Connect to Streamline the Proxy Voting Lifecycle in South Africa

Strategic collaboration enhances proxy voting efficiency and supports higher levels of corporate governance

Online banking battle in South Africa

Banks encourage their clients to use their online channels and mobile apps because it reduces costs and creates customer loyalty.

Fintech loans leave a trail of pain in western Kenya

The debt-free mobile wallets either belong to third parties or are owned by the same persons who register multiple SIM cards mainly to limit their risk of being blacked out by debt-chasing service providers.

Nigeria can earn over $40bln annually from IT sector - NITDA

The country has the capacity to produce two million programmers

Nigeria: 59% of Nigerian E-Banking Customers Have Been Victim to Fraud - Report

It noted that a large percentage of the survey respondents are satisfied with the level of security provided on their respective digital platforms.

Crypto exchange FTX invested billions in three Kenya startups: report

FTX was one of the most popular digital tokens trading platforms in Africa

Cybercrimes raise concerns for N30.2tr monthly e-payments

Indeed, cybercrime has been projected to worsen as e-payment transactions gain more patronage.

Tech firm to assist banks, other companies in fixing connectivity challenges

We are here to enable that growth.

NCBA eyes deals for M-Shwari entry into DRC, Ethiopia

This signals that the Kenyan bank will seek to earn commissions from the deals over setting up brick-and-mortar operations in Ghana, Ethiopia and DRC.

Kenya’s DeltaPay taps Provenir for data and risk decisioning platform

The fintech says Provenir’s tech will allow it to scale and provide “millions of unbanked and neglected segments of society” with access to credit.

Acquisitions Rise in Africa Following Investment Stagnation

The consultancy company suggests that this data indicates a consolidation trend for Africa and that its market is “maturing”.

SAFU and South African Binance users

Through it, a percentage of trading fees have been committed to safeguard users’ existing crypto assets in the event they are lost from any forms of hacking or exploitation.

KBL Insurance Excites Customers with Digital Insurance

Orji said the essence was to serve customers faster and at lower costs.

FinTech