Managers of Wealth Africa

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.

Iress unleashes a new era of fund administration for Maitland

The Iress implementation has been an integral part of a larger initiative to increase automation and straight through processing

The Challenges in Getting Internet Access to All South Africans

South Africa enjoys an interesting position in terms of its Internet when compared to the rest of the world, and more specifically, the rest of the continent.

Kenya’s central bank warns of risks in cryptos

Speaking in Mombasa during World Consumer Rights Celebration Day 2022 on Tuesday

African governments can’t be both referees and players in consumer fintech

Central banks are launching digital currencies across Africa. But government attempts to own the retail payments space are leading to failure.

United Bank for Africa partners with Cellulant to expand across Africa

Already over US$15 billion in gross value payments are processed by Cellulant across the shared markets – and this partnership has the scope to expand the numbers significantly.

FinTech