Managers of Wealth Africa

Nigerian challenger bank Kuda raises $10 million

The Kuda journey began with what seemed like an impossible mission: To give all Africans on the planet access to the best banking services at prices they can comfortably afford.

Standard Bank leads mass rollout of contactless cards across Africa 20 hours ago000

In many countries around the world, the use of contactless payments has quickly become deeply embedded into everyday payment habits.

Absa registers 10,000 customers in first four months for for chat banking on WhatsApp

Absa ChatBanking on WhatsApp is an automated messaging system available to Absa account holders.

Africa: Boost insurance growth through mobile phone partners

Prudential said in August that it will focus on Asia and Africa as it seeks to achieve “sustained double-digit growth” in embedded value per share.

Nigerian digital bank Kuda raises $10m seed funding round

Nigerian fintech startup Kuda, which is building a pan-African digital challenger bank, has closed a US$10 million seed funding round in order to accelerate its growth and keep up with customer demand.

Mobile Banking applications remain the most popular platform for digital banking

According to Agusto & Co, mobile banking applications remain the most popular platform for digital banking.

A Tech Role Model For Nigeria

Add to that a burgeoning population, and Nigeria is beginning to look to like India five years ago.

Online platform unlocking women’s competitive edge

In Kenya, only 20 per cent of women in Nairobi slums are connected to the Internet against 57 per cent of men, says the foundation in its measure of the country’s progress in ICT.

Banks accelerating digitisation in wake of Covid-19

Paper-based documentation has been hard to shake off, however.

Prime Bank launches a international money transfer service, SimbaPay

Prime Bank’s Director for Business Development, Vijay Kantaria, said the tier 2 lender has embarked on investment in technology through partnering with various FinTechs to accelerate its digital integration plan.

How crypto is bringing banking to Africa

This problem is particularly profound in Africa, where some national currencies are prone to experiencing hyper-inflation that risks plunging more citizens into poverty across the continent.

Addressing the skills shortage in data science and analytics

Fuelled by digital expansion and the use of new-age technologies across all industries, the demand for data science skills has grown rapidly.

Unknown person conveys $307 million worth of Bitcoin

Data retrieved from BTC Bitcoin Block Bot revealed Someone moved 19,961 BTC ($307M) in block 656,351

Innovative banks in Nigeria, Kenya, others to be honoured at Banking Brands Awards

The African Banking Brands Awards is a platform designed to celebrate leadership, innovation, and growth of banking brands in Africa.

Africa: why digital payments are key to financial inclusion [Opinion]

Instead, the best hope for financial inclusion and growth on the continent is a digital payments platform that is merchant centric, and that benefits the artisans, SMEs, and small farmers.

Ecobank has ‘Best Digital Touchpoints In Nigeria’ – Digital Jurist Awards

The annual prestigious awards which started in 2001 is being organized by Phillips Consulting.

Fintech in Africa: Reshaping the financial sector

Alexander Ayertey Odonkor

Improved battery technology vital to renewables market

The majority of national grids are designed in a way that requires a consistent and equal balance between electricity supply and demand to function properly.

VFD partners with eBanqo to implement a Banking Chatbot across its messaging platforms

The goal is to offer a fully digital one-stop platform to both the banked and the unbanked Nigerians.

South Africa’s digital economy can unlock 66 000 jobs in 2021

The study points out that as SA’s economy continues to take a knock, digital services can help fuel economic recovery and growth through digital and ICT skills training particularly focused on South African youth.