Managers of Wealth Africa

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

Bank of Ghana rolls out mobile wallet

Addison says that the new wallet will help to expand the use of electronic payments, building on the success of the GhIPSS Instant Pay service over the last decade.

Regulation, (Competitive) Risk and Resilience Dominate the EMEA Transformation Agenda

Another key theme for the industry over the last decade or so has been regulation.

Nigeria Exchange to use blockchain in settling transactions

The Nigerian bourse would partner with a technology business and obtain regulatory clearance before launching in 2023

Why cryptos aren’t allowed, by CBN

Obiora said the Nigerian central bank put all its resources together and the CBDC was first established in a sandbox environment in 2017.

Kenya, Nigeria central bankers criticise crypto, tout digital currencies

Nigeria's eNaira digital currency, introduced last October, is a boon for inclusion, Kingsley Obiora, deputy governor of the country's central bank, said

Africa's first Global Startup Awards to showcase the continent's most promising innovators

Hosted by the Global Innovation Initiative Group (GIIG), the event is a culmination of a six-month-long process of extensive and rigorous research

South Africa is a startup powerhouse that leads the continent for exits, finds new report

It also includes the full list of startups tracked for the purposes of the report.

PayU strengthens presence in Africa with Ghana entry and new BNPL and QR-based product offerings

Through PayU’s partnership with Payflex, consumers in South Africa now have the ability to pay in four equal and interest-free instalments, creating greater access to funding and autonomy on how consumers pay.

CBK set to regulate financial super-apps

The platforms host apps from different businesses including banks, airlines, and utility firms, making them popular among consumers seeking the convenience of a one-stop solution.

Absa Bank Introduces First-Ever QR Code Feature For ATMs

With the advancement of digital technology and the dynamic needs of customers

South Africa’s Payfast Launches New Initiative to Upskill Aspiring Business Owners

Entrepreneurs will also have access to useful resources, including cash vouchers, equipment, data, access to co-working spaces, mental health support, and Heavy Chef guidebooks.

Big tech is winning the battle for Kenya’s talent

Major telcos and banks, long considered the best-paying organizations for techies in Kenya, are also losing their best talent to big tech.

Banks innovate with digital solutions for GhanaCard linkage to Accounts

The Bank’s drive to have all accounts validated and linked to Ghana Card continues to enjoy support from commercial banks in Ghana.

8th Africa Bank 4.0 Summit: promoting digital innovation within the African fiscal sector

The 'CEO Influencer' panel, brainstormed on the importance of Taking Digital Banking to Rural Africa

The Family Office winner of Best AI Use-Case Award by World AI Show and Awards

The World AI Awards recognizes the successful endeavors of innovators, entrepreneurs and solution providers in the field of AI as well as breakthroughs in implementing AI in the Middle East and North Africa

African banking evolution: From mobile banking to fueling fintechs, SME growth and expanding middle class

This is all happening in a larger context: The continent as a whole is reeling from pandemic impacts

Tax season is coming amidst a shocking rise in cybercrime

In the lead up to tax season, SARS (South African Revenue Services) has already warned of a sharp increase in scams targeting taxpayers

Vertiv Signs Channel Distribution Agreement with Tech First Gulf (TFG) Covering East Africa

With Vertiv we are confident to continue our journey of innovating and disrupting the IT infrastructure growth with Vertiv industry-leading infrastructure solutions.

eNaira fails to entice merchants, banks

The app apathy appears to be more pronounced among merchants. Out of 168,380 people who have activated their wallets, only 80 are merchants.

FinTech