Managers of Wealth Africa

How Mobile Money Is Transforming Nigeria’s Financial Landscape

More Nigerians now trust a mobile money platform over traditional banking.

Mobile Money Lifts Africa Savings to Decade High: World Bank

Four in 10 adults in sub-Saharan Africa had a mobile money account as of 2024, up from 27% three years ago, with the share of those using them to save increasing by more than 10 percentage points to 23%.

Meta tightens content rules, deletes 10 million fake profiles

“We’re making progress. In the first half of 2025, we took action on around 500,000 accounts engaged in spammy behaviour or fake engagement.

Global heavyweight Bitget brings its muscle to SA

It already has more than 100m users in over 150 countries.

South African Bitcoin startup MoneyBadger raises $400,000

The raise was led by P1 Ventures, a VC with deep African fintech exposure, along with three angel investors who are also involved in the Bitcoin and crypto space.

A large bank in Kenya suffered an internal attack and lost about $4 million. USDT was used for money laundering.

People familiar with the matter said that the gang manipulated the bank's card management system, created unauthorized virtual cards and linked them to mobile wallets.

UBA Rewards Customers, Celebrates 10yrs Digital Partnership with VERiCASH

To commemorate this significant milestone, UBA is launching a special promo for its mobile app users as a way of appreciating their loyalty and sustained engagement.

A m/m drop in active mobile lines in May

The number of mobile subscriptions decreased slightly

Africas Absa Group launches WhatsApp banking

To achieve this, the group is adapting to changes in customer behavior that requires banking to be available anytime, anywhere and accessible wherever the customer is.

Thaakar: Sophos Will Demystify Cybersecurity in Nigeria

It’s a platform to align with our partners and co-create the future of cybersecurity in the region.

AXA Mansard Unveils Digital, Flexible Health Insurance to Boost Access

With this move, AXA Mansard said its target was to make quality healthcare more attainable for students, artisans, young families, and working professionals across the country.

One problem with getting smart ID cards at banks in South Africa

Presenting his 2025 budget vote speech, Deputy Minister of Home Affairs Njabulo Nzuza revealed that just 2.6% of smart ID applications processed in the past two years have come through bank branches.

Aurionpro to deliver digital banking platform to an African bank

The agreement involves licensing Aurionpro’s omnichannel digital banking solution and includes long-term maintenance and support services.

Ecobank Partners Google Cloud for AI Financial Innovation

Central to this partnership is the integration of Google Cloud's cutting-edge technologies and AI-driven analytics into Ecobank's digital offerings.

Protecting your bank apps from hackers

Bank customers remain highly vulnerable, especially those who use mobile banking apps without applying basic digital safety practices.

Lesaka inks $61m agreement to acquire Bank Zero in South Africa

Lesaka will obtain Bank Zero's licence and digital banking infrastructure through the proposed deal, while chairman Michael Jordaan is set to join the Lesaka board.

South African fintech Lesaka to buy Bank Zero in digital banking push

Bank Zero, founded in 2018, provides an app-driven platform for retail and commercial banking services.

FirstBank improves app with advanced facial biometric tech

These upgrades all aim to provide customers with a seamless, secure, and efficient digital banking experience

FINASA Partners with Digital Finance Africa 2025 to Champion Fintech Growth Across South Africa

FINASA’s role as a partner strengthens the summit’s core mission to foster dialogue and collaboration between key stakeholders in South Africa’s financial technology ecosystem.

Digital integration key to market access, finance – Absa Bank Ghana

Fesu further highlighted how access to production data, such as seasonal demand and product flow, is helping manufacturers optimise their output and reduce waste.

FinTech