Managers of Wealth Africa

Mauritanian Bank for International Trade launches digital bank, Masrvi, powered by TagPay

Masrvi was launched at the end of April and responds to Mauritanians’ banking needs by providing secure and accessible banking services

Standard Bank taps AI to boost insurance business

Using AI and machine learning, a cross-functional Standard Bank team has developed a model that allows the insurance business to predict which clients are likely to cancel their policies, among other use cases.

SARS to take a closer look at Bitcoin, taxi owners and illegal offshore investments

You can't just implement a wealth tax without more. You have to have a proper assets register.

The funding gap for African startups: News from Africa, May 2021

Despite the presence of accelerators, incubators, mentorship programs, and angel networks, the report warns that the African market is still far from having enough support to sufficiently spur innovation.

Taxation of Digital Economy in Nigeria, Need for Certainty

Digital economy is literally displacing the brick and mortal forms of business all over the world.

Firm affirms commitment to boosting Nigeria’s Crypto Market

Also speaking, Sulaiman Muyideen, a Paxful VIP trader who started trading on the platform with $10, eleven months ago, stated that crypto is a game changer and an enabler of wealth creation.

South Africa’s Largest Fund Administrator Goes Live with Temenos

Agility and scalability of Temenos platform supports Curo’s large multi-client fund base and rapid pace of product evolution in the investment industry

Vista Bank selects Radar Payments to drive its digital payment strategy

The free trade programme promises a change in trading rules, with reduced import-export taxes making commerce more affordable for players in Africa.

Positive customer experience key to sustainable digital banking shift – report

Musau said digital banking is very convenient but the experience is not pleasant, hampering efforts in ensuring seamless contact-free banking.

Nigerian-led Fintech, Asante Selected for the 6-Month Mastercard Start Path Program

It also includes startups designing sustainable lending platforms to close the small business credit gap in emerging markets.

QR payments launched on Absa banking app

Capitec, FNB, and Nedbank offer the service on their apps as well.

The Growth of Cryptocurrency in Africa

So far, investing in and trading cryptocurrencies have been proven as one of the ways to do that.

Visa partners with Hubtel to expand eCommerce in Ghana

In partnering with Visa, Hubtel’s merchants will be able to access payments made by customers in real-time avoiding delays sometimes experienced in the settlement process.

South Africa Microfinance Institution Goes Live on Temenos SaaS

Using Temenos Infinity, BFS was able to reimagine the customer experience, designing and building a new lending service within 12 weeks, completing all customer trials and tests, and launching a final product just three months later

Bank of Africa selects Conpend Trade AI app via Finastra

The solution will improve our trade finance operations by speeding up the approval of trade finance documents.

Equity Group’s digitization efforts pay off with 62.6% of transactions being done on mobile

According to Equity Group’s Full Year 2020 investor repot records, adoption of digital payments was accelerated with the number of transactions processed over the Pay with Equity solutions.

FIS Opens New Growth Opportunities for Global Brands with Worldpay Domestic Acquiring Expansion into South Africa, Nigeria and Malaysia

FIS has secured a domestic acquiring license in Malaysia

FinTech