Managers of Wealth Africa

Kenya's mobile money agent transactions hit Sh7.9 trillion

The Treasury has in the past warned that the collapse of Safaricom’s M-Pesa service would cause widespread disruption in the economy.

Capitec, FNB, Absa and Nedbank are looking for these skills in 2023

“Contactless is a faster payment method, and it uses near-field communication (NFC) technology, which is less vulnerable to fraud than traditional’ contact’ driven payment methods,”

All the full-electric cars you can buy in South Africa – with pricing

This low number of sharing stations means that South African motorists are particularly concerned that their EV will not make the range of long driving trips, added Herbert.

How Nigerian techies wired Sh276bn without CBK nod

Flutterwave was one of the three Nigerian fintech that were at the centre of a complex money laundering probe in Kenya

New digital banking platform launching in South Africa next month

The global digital banking market size was valued at $803 billion in 2019 and is projected to reach $1.6 trillion by 2027

Codehesion – South Africa’s software development experts

The result is a long list of satisfied clients and Codehesion winning multiple awards for its work – including a 2022 MTN Business App of the Year Award and two awards at the 2021 Supersonic New Generation Social & Digital Media Awards.

Backbase and Access Bank embrace the digital age

With the digital revolution now sweeping across Africa and affecting virtually all aspects of life, Africa’s banking industry has been scrambling to switch from traditional systems to cutting-edge technologies. Dulue Mbachu describes how the global

Cash Plus joins with Mastercard to issue international e-card in Morocco

This collaboration will allow for the inclusion of a large portion of the country’s unbanked population and financial ecosystem - especially young Moroccans.

Huge growth for South African software development company Codehesion

This growth was driven by Codehesion taking on multiple new clients and a range of mobile app and software development projects.

Nigeria Mobile Money Market Value Is Expected to Increase at a CAGR of Around 29.3% Over 2023-2028

In Nigeria, the rising internet connectivity and the growing adoption of smartphones are currently driving the market for mobile money.

Cashless Policy: Tales Of Sorrow, Tears Over Increasing Bank Fraud

Banks are ordinarily seen as secure places to deposit money.

2023: Why African Fintechs will continue to trend

The African Financial Technology (Fintech) ecosystem continues to expand despite global economic challenges

Kenyan banks are battling for a share of the mobile money market

Kenyan banks, increasingly embattled by mobile money providers, are looking to wrestle control from industry leader M-Pesa

Flutterwave eyes up Railsr

Earlier in the year, it was reported that the fintech was searching for a $100 million investment that would have pushed it into Unicorn territory.

Growth In Cashless Transactions Spurs New And Innovative Payment Solutions

The South African economy is under tremendous pressure with rising interest rates, high energy and fuel costs and debilitating power outages.

Airtel Nigeria acquires 5G spectrum for $317mln

The spectrum will enable launch of high-speed connectivity and accelerate digitalisation

Free mobile transfers push transactions above half of GDP

This was an increase from 48.7 percent in 2020 and is projected to surge to 68 percent by end of this year, analysis of the CBK data on mobile money transactions shows.

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco saw the biggest uptick in adoption, ranking 14th globally. This is even more impressive when you recall that Bitcoin has been illegal in the North African country since 2017.

Demand for digital identity verification surges across Africa

This highlights the need for new digital players to provide solutions and the main reason behind the aggressive expansion journey on which Pan-African fintech innovator, iiDENTIFii, has embarked.

Naspers and Prosus have now banked R120bn from Tencent equity sale

The money will be used to fund an ongoing buyback of its own shares

FinTech