Managers of Wealth Africa

As digital banking grows, Kenyan banks continue to ditch costly ATMs

This is the lowest number of ATMs recorded in the country in half a decade, a notable drop from the peak of 2,573 ATMs recorded in 2019.

Ghana pilots blockchain-based credentials and CBDC for global trade

The project has been focusing on cross-border trade between the two nations using the UN-developed, blockchain-based Universal Trusted Credential

Access Bank Disburses N740bn Digital Loans In 6 Years

This is as the bank restated its commitment towards financial inclusion and meeting the needs of its retail customers by revamping its digital loan platform ‘Quickbucks’ to boost lending.

ACDT warns Ghanaian banks of cyberattack risks amid global IT failure

The malicious package advises banks to install it to avoid connectivity issues with their internal network.

How AI is Transforming SA Governance: Key Takeaways from CTU Training Solutions Webinar

Transparency and accountability are key in deploying AI systems in governance.

African remittance app Nala raises $40 million to go global

With 500,000 customers onboard, the Nala team has grown from just seven members to over 100 staff.

Transforming Banking In Ghana With Alternate Channels

Through mobile banking apps and USSD codes, customers can perform a wide range of banking transactions, including funds transfers, bill payments, airtime purchases, and account inquiries, anytime and anywhere.

Digital transformation: The imperative for Ghanaian banks

Financial Institutions must work closely with regulators to understand evolving regulations and proactively implement IT solutions...

Nigeria to build 90,000km fibre-optic to improve internet access — Minister

The funds will be allocated to various developmental projects

Wema Bank Urges Digital Empowerment for MSMEs

Tagged, “Call to Action: Provision of Sustainable Single-Digit Loans for MSMEs,” the event proffered sustainable financial solutions to provide affordable loans and funding for MSMEs, ensuring easy accessibility and availability.

Standard Bank clarifies ‘security breach’

Customers can also visit the Standard Bank’s Security Centre for details and tips to help avoid fraud.

The biggest social media platforms in South Africa – with users giving Elon Musk’s X the boot

The report uses interviews with 24,000 respondents who are aged 15+ and live in urban areas with 8,000 or more inhabitants.

Ghana among top emerging markets ready for AI adoption, says IMF Report

The AI Preparedness Index is then derived as the simple average of the four aggregate dimensions on a scale of 0 to 1.

Mama Money Partners with Access Bank and Paymentology to Launch New WhatsApp-Powered Bank Card

Through Paymentology’s next-generation payment solution, the Mama Money Card also offers advanced security features

Banking Forum: “Digitalisation and ESG Redefine Mozambique’s Financial Future”

His words outlined the sector’s ambition to leverage innovation as a means of responsible and ethical growth.

Why fintech companies acquire microfinance banking licences – Baobab CEO

Many fintech companies eventually acquire a microfinance banking licence to gain more options.

Standard Bank Mobile rebrands – launches new new deals with MTN

Standard Bank first introduced its MVNO offering in 2018 using wireless capacity from Cell C and MTN.

Bigger and Better, Black Hat MEA announces new venue and reveals cybersec experts confirmed to attend Riyadh summit

From November 26-28, Black Hat MEA 2024 will relocate to larger venue at Riyadh Exhibition and Convention Centre, Malham, to meet growing exhibitor and visitor demand

‘AI may boost Nigeria’s economy by over $4bn’

Oriakhogba explained that AI was evolving and constantly being driven by advancements in information and communication technologies.

Pinnacle adds value to partners and clients with new AI-focused strategy

With the rise of big data and the development of more powerful hardware, AI algorithms have become increasingly sophisticated

FinTech