08/02/2022
Software Firm Odoo Says Jambo to Kenya
The firm began operations in its Kenyan arm on 1 July 2022, and it is reportedly seeking to hire 50 new employees to fill the new offices within a year.
FinTech
07/26/2022
Zimbabwe launches gold coins as legal tender to tackle hyperinflation
According to the International Monetary Fund, inflation in Zimbabwe reached 837% (year on year) in July 2020 and, although tighter fiscal policy helped reduce it to 60.7% by the end of last year, it remains in the high double-digits.
07/25/2022
Tanzanian fintech firm eyes a piece of Kenya's Sh420 billion remittance pice
“This partnership will allow our customers to send money directly from their banks, through the Nala app, instantly and at the most competitive rates to Equity Bank Kenya accounts and other mobile wallets,” said Mr Fernades.
07/25/2022
Nigerian firm, Temenos enhance Ghanaian bank’s digital growth
The platform will re-imagine customer engagement and the efficient delivery of consistent, and seamless experiences across multiple channels.
07/22/2022
South Africa’s banking sector is desperate for these skills
Cybercrime has grown exponentially as a risk to banks, and there is an increased demand for cybersecurity skills
07/21/2022
Momentum Investments Selects SS&C Sylvan
Leading South African firm selects award-winning solution to advance performance measurement activities
07/21/2022
Fintech Landscape of Turkey in 2022
Its unique historical and cultural bridge between Europe, the Middle East and Asia puts the country in a favourable position with respect to economic growth.
07/20/2022
Do central bank digital currencies have a future in Africa?
Fintechs are queuing up to offer their services to implement CBDCs, but does the lack of success of Nigeria’s eNaira mean governments should be cautious about this revolutionary initiative?
07/19/2022
Cassava Wins $50-Million Investment for Africa’s Cybersecurity
Cassava Technologies has operations in more than 20 African countries and has been at the forefront of bringing innovative technology solutions to local businesses and individuals.
07/19/2022
Several African Fintech Startups Shut Down Services Amid Shady Activity
BIN is the first 4 to 6 numbers on a payment card to identify the card issuer.
07/18/2022
Robots take up the cybersecurity fight, SLVA Cybersecurity
Every day more and more people and businesses are held to ransom as exposed vulnerabilities are exploited by criminals.
07/15/2022
Mobility fintech Moove Africa raised US$200 mln in 2020-2022
The deal is Moove Africa's first transaction with an African bank.
07/14/2022
South Africa testing ‘digital rand’
The South African Reserve Bank has previously tested a digital currency for local use as part of its Project Khoka programme, which looked at using blockchain technology to speed up payment systems in the country.
07/13/2022
StashAway launches industry-first Flexible Portfolios
It is the first product in Mena that offers investors the choice to customise their portfolios with ease. Flexible Portfolios allows investors to pick the asset classes they want, decide their exact allocations, and change them any time
07/13/2022
African FinTechs set to supercharge business growth, employment
FinTechs help to leapfrog incumbent ways of banking and doing business, while enabling entrepreneurs to optimise their operations in a seamless and affordable manner.
07/12/2022
Auditors must upgrade skills in digital world -Expert
The journey has already begun, the digital role of audit in each organisation must be defined
07/11/2022
Ghana prepares to test its digital currency, the eCedi
The Governor of the Bank of Ghana, Ernest Addison, has listed financial inclusion as its top objective and chose to test the eCedi in an area where there is little to no connectivity infrastructure.
07/11/2022
FMBN Set to Deploy Core Banking Solution to Improve Affordable Service Delivery
The FMBN MD/CEO gave the progress update last month while hosting the leadership of the Mortgage Banking Association of Nigeria at the bank’s headquarters in Abuja.
07/11/2022
Kenya is the African Leader in Crypto Adoption (Report)
8.5% of Kenya’s population, or 4.25 million individuals, possess digital currencies, which is the highest adoption rate in Africa, a UN research discovered.
07/08/2022
South Africa is launching a new banking payment system this year – what it means for you
The project is in the implementation stage and barring unforeseen circumstances should be launched into pilot later this year.