Managers of Wealth Africa

Uganda-based fintech offering onboarding-as-a-service receives scale-up funding

This alleviates one of the key bottlenecks in providing access to credit for consumers in Sub-Saharan Africa

Central African Republic accepts Bitcoin as legal tender

After El Salvador and a Honduras SEZ, and the city of Lugano, the Central African Republic has also accepted the Bitcoin as the legal tender in the country.

Leveraging Centralised Cloud MiFID II Advisory

One way that this regulatory gap may be breached is to implement a digital advisory platform that is ESG and MiFID 2 compliant, underpinned by a goal-based investment planning and advice execution workflow. This will enable institutions to adopt a consist

African startups drew record $5.2bln in venture capital last year - industry group

African startups raised more in 2021 alone than the preceding seven years combined

Nigeria’s TeamApt relaunches Moniepoint product as business bank

The startup raised a multi-million US dollar Series B funding round last year as it looks to expand in the aftermath of switching its focus from B2C from B2B

Digital Banking Is the in-Thing - but It Excludes Many Users in Tanzania and Senegal

Services like mobile money, which allow people to use their mobile phones to make or receive payments, have become quite popular.

Mobile commerce is helping to boost retail growth across Africa

E-commerce has evolved as one of the largest drivers of retail trade today, providing consumers with a way to shop for goods that is convenient and available on the go

Mastercard and Pesalink Sign an MOU to Drive Digital Transformation of Payments in Kenya

Under the terms of the MoU, PesaLink will leverage Mastercard’s technology, expertise, partnerships, and cyber intelligence solutions to diversify its payment capability beyond person-to-person payments.

African Payments Company Cellulant Expands Its Business Platform Into Ghana

Cellulant will roll out Tingg in Ghana in order to provide ways to digitize payments, collect and disburse to customers, the release says.

novobanco goes live with Objectway to lead the way in investment services

Objectway delivered the project using an incremental release plan adhering to agile principles.

Tanzania hosts IMF-led talks on cryptocurrencies

Another similar conference is planned later this year for Sub-Saharan Africa’s Francophone countries.

ImaliPay raises $3m seed to deepen its financial services infrastructure across Africa

According to Mastercard Foundation, the African gig economy is expected to have over 80 million workers by 2030.

Somalis changed the face of money transfers worldwide

The major factors behind the country’s innovation in money transfers are a tough operating environment

South Africa Central Bank Urges Engagement on Blockchain

A distributed ledger is a digital record of transactions and contracts maintained in a decentralized form across different locations.

Digital assets gaining currency as regulators increase surveillance

“The regulations that will result from this executive order are likely to change how crypto assets are traded, but it might take several months or years before the guidelines are rolled out,

ZirooPay raises $11.4m to scale its mobile POS solutions for retailers across Nigeria

This new capital will be deployed toward expanding its payment infrastructure, accelerating growth and growing its team, the company said.

Is digital the new South African currency?

Over the last two unprecedented years, the need to social distance and safeguard our health has also accelerated the growth of digital payments.

Safaricom and Gulf African Bank launch Shari’ah-compliant mobile financing solution

Halal Pesa will empower M-PESA customers who have previously been locked out of access to financing due to barriers such as the lack of Shariah modelled mobile facilities.

Old Mutual Limited Extends BPM Partnership with SS&C

"We are committed to seamlessly transitioning organizations to digitized and optimized business processes at scale."

Sudan Central Bank Warns on Cryptocurrency Use as Economy Tanks

The Sudanese pound lost at least 15% of its value this month after the central bank allowed it to float.

FinTech