Managers of Wealth Africa

Digitally-driven solutions can bolster SA’s financial sector

The importance of SMS in the financial sector was also thrust into the spotlight during COVID-19.

IBM wins major cloud deals in Africa

Customers’ needs are evolving as they seek banking services across channels and expect personalization.

Tech a look at this: SA embracing fourth industrial revolution with home-grown innovations

The management consulting firm Convergenc3 runs a "factory" that develops dozens of digital startups every year and takes ten to 20 of those to market.

Nigeria, Ghana sprint to join digital currency race

"Nigerians are investing in cryptocurrency as a means of store value and to carry their funds outside the shores of the country," said Ayodeji Ebo, head of retail investment at Lagos-based investment firm Chapel Hill Denham.

South Africa's AlphaCode invites early stage fintechs to apply for incubation programme

Innovative business concepts led by strong entrepreneurial teams, can apply before 31 October 2021 and they could benefit from a R1.5 million entrepreneurial package.

Nigeria’s Zenith Bank picks Oracle for worldwide tech overhaul

Nigeria’s Zenith Bank has signed a landmark deal with OracleFS to overhaul its core banking systems and trade finance operations.

Africa Is 3rd Fastest Growing Crypto Economy

This report analyses peer-to-peer (P2P) transactions and platforms were critically because regulations such as those in Nigeria and Kenya have made it difficult for customers to send money from their bank accounts directly to cryptocurrency businesses on

Crypto adoption in Africa has surged 1,200% over the last year

Peer to peer platforms (P2P) like Paxful and Remitano that do not have a central player like a bank or exchange, have become more popular than ever across Africa as a way of sending crypto.

Cellulant, Ecobank and GAINDE 2000 Sign a Partnership with KenTrade to Provide a Payment Gateway to Enhance Service Delivery

“Payment Gateway will allow for our Partner Government Agencies to monitor and validate the payments in real-time, which speaks to our mantra on the ease of doing business.”

Bitcoin Opportunity: Africa Adoption Rate Is Highest Globally

The African crypto market has grown by over 1,200% in terms of value received over the past year.

Nigeria’s cryptocurrency market grows by 1,200% in one year – Report

The report said that Africa was the smallest cryptocurrency economy of any region under review, having received $105.6 billion worth of cryptocurrency between July 2020 and June 2021.

Be afraid of shadow IT, be very afraid

Some policies may include an acceptable use policy, work from home policy, bring your own device policy and also a legal risk acceptance policy.

FSC issues crowdfunding rules to take SME support in Mauritius to the next level

Both frameworks will foster innovation and facilitate access to finance to SMEs

Absa Wants to Introduce a Digital ID in South Africa

An SSDI system uses secure electronic “credentials” that are issued by relevant authorities – such as Home Affairs,

African fintech companies raised a record $1.44bln since Jan 2021

The coronavirus pandemic has also highlighted the need for e-payment solutions on the continent, especially in large economies such as Nigeria, Kenya, South Africa, Egypt, and Côte d'Ivoire.

Interswitch and Codebase Technologies to enhance digital financial services across Africa

Working with the Codebase Technologies team, will help Interswitch to broaden its current digital offering, whilst leveraging Interswitch’s brand recognition to increase the reach and visibility of Digibanc™ SaaS in Africa.

Digital ID for South Africa built on blockchain tech

The bank said this would transform the arduous document-based process typically required each time you need to prove an aspect of your identity into an electronic mobile request/response that takes seconds.

Hackers breach South Africa’s courts — systems crippled and people’s banking details compromised

According to Rapport, the State IT Agency’s (Sita) protective barrier to the Department of Justice’s servers was affected.

Cybercrime, a Barrier to Africa’s Thriving Digital Economy

READ NEXT Central Bank of Mozambique Keeps Interest Rate at 13.25% Cybercrime is one of the top risk factors likely to jeopardize Africa’s economy especially at this time when the continent is transitioning to E-commerce under the Africa Continent

Standard Bank warns of new scams targeting customers in South Africa

“An offer that seems too good to be true should make you suspicious,” warns the South African Banking Risk Information Centre.

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