Managers of Wealth Africa

African start-ups play vital role for social development

Ghana-based social enterprise mPharma manages prescription inventory for pharmacies to make medicines more affordable for Africans.

2019: a critical year for biometrics and digital ID in the Global South

Despite the market growth, legislation falls short almost everywhere. “At the start of 2019, over 120 countries had adopted data protection laws. So there are still many more to go

From Interswitch to OPay: Here are Technext’s Top 5 Fintech Players of 2019

With the high influx of funds and the emergence of more startups together with the growing technological innovation, Fintechs became the leading force driving financial inclusion

M-Pesa mulls Africa expansion plan

To achieve this we need to explore strategic technology partnerships and work with key financial institutions.

Nigerian Fintech Platform Carbon Expands into Kenya

Taking our services to Kenya represents the first step in realizing that vision.”

African tech startups can tap millions of dollars from new funds launched in 2019

More than 20 new VC funds that aim to invest in African tech startups were launched this year.

Vodafone targets Africa’s unbanked with ambitious plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services

MTN South Africa sets mobile money relaunch date

Both MTN and Vodacom (with M-Pesa) launched mobile money services in South Africa years ago but both withdrew from the market after failing to gain the traction they sought.

Locally-made Mara phones get strong SA corporate backing

Smartphone manufacturer expects to see the ‘real growth’ of its brand in SA from 2020

SA fintech startup Airbuy looking to expand in 2020 following positive rollout

It has already signed up more than 50 merchants, and is adding an average of two more each week, a figure director Tshepang Kobo said will grow substantially with the additional investment.

ATIB introduces biometric KYC as part of its digitalisation process

The bank adds that biometric identification guarantees 100 percent safety.

Digital economy to bring rise to 21st-century unions

“As technology increasingly changes the world of work, there are signs of a number of converging trends that will make unions more relevant, powerful and visible,” explains Jack Orlik, researcher at Nesta.

Visa: improving access to digital payments in Africa

In addition, MFS Africa will integrate Visa’s real-time push payments solution into its platform to provide a fast, convenient and secure way to send and receive money and remittance.

Mobile-based M-Shwari lends Sh430 billion in seven years

The merged entity reported a 17.3 percent net earnings growth to Sh7.7 billion in the nine months ended September

First digital bank begins operations in Tunisia

Bank ABC looks forward to Tunisian government eventually implementing the state’s plans to digitise all administrative services.

Africa’s digital divide

The worldwide digital economy is currently estimated at 15.5% of global GDP.

Africa's First Stablecoin is Build on Binance Chain

Project founder Atsu feels that the Naira stablecoin has a lot more usage other than allowing users to purchase crypto with their local currencies.

Cyber crime no laughing matter

The crime happened on November 26 and Mulaudzi's FNB account was frozen by the bank.

Absa data analytics team wins big at global awards

Customer360 (C360) was developed to ensure a single point of access to various analytical models that provide key insights across the banking spectrum.

StanChart taking digital route to expansion in Asia and Africa

He told The Straits Times that his bank's digital push into markets like Hong Kong and Singapore is to target a different group of customers

FinTech