Managers of Wealth Africa

Plain-Sailing Future For Trade Finance Digitization

Trade finance is moving out of the paper age. But to fully leverage digitization, banks need to tear down data silos and standardize tools and procedures.

Ghana Considers Launching a CBDC, Still Sees Crypto As A Threat

These statistics show the power of mobile networks in offering a solution for the previously unbanked or financially-excluded people to transact money from anywhere at any time.

AfDB Launches Digital Tool to Help African Youth Learn to Code

The platform teaches technical courses such as web development, design, data science and digital marketing and will be constantly adapted to respond to market demand.

Bitcoin Usage in Nigeria Surging Despite Govt. Caveats

The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings

African Development Bank launches digital tool to help African youth learn to code

The platform teaches technical courses such as web development, design, data science and digital marketing and will be constantly adapted to respond to market demand. It is accessible on mobile devices, even in low internet connectivity settings and has a

Zenith Bank restates commitment to tech start-ups

Nigeria had well trained Nigerian engineers and IT practitioners and there is a need to encourage them.

GotBot AI Secures R2.5m For Expansion

With a diverse team and focused leadership, GotBot had already achieved significant market exposure in the South African start-up ecosystem.

What’s been done to fight cybercrime in East Africa

In Kenya, between April and June 2019 alone, the country experienced 26.6 million cyber threats.

What’s been done to fight cybercrime in East Africa

These institutions are attractive to cyber criminals because they hold the biggest cash reserves.

Artificial intelligence and the changing face of banking

AI is a technology that makes machines smart.

MTN must adapt mobile-money model to crack South African market

South Africa’s more urban population has greater access to traditional financial services than rural populations

Twitter CEO Jack Dorsey recognises Africa’s technology potential

After a whirlwind tour to check on Africa’s technology potential, Twitter’s CEO says he’s returning for a much longer stay.

African Fintech And Regulation: What’s The Hold Up?

While it could be argued that there is nothing that is technically holding African fintech back

SA insurtech Solvency to launch ‘disruptive product’ in January after netting investment

Solvency is underwritten by Genric Insurance. In June the underwriter invested an undisclosed amount in the startup.

Fintech Growth in Kenya: The Success of Mobile Money

Reviewing Kenyan fintech innovations is particularly relevant since local fintech innovators have successfully responded to local market demands and paved the way for further fintech expansion.

Ghana May Issue Digital Currency in ‘Near Future,’ Says Central Bank Chief

Ghana is joining the ranks of nations eyeing the launch of a central bank digital currency.

DTB’s nine-month profit hits Sh5.6bn

It joins other Kenyan banks whose cost of funds dropped significantly in the review period, indicating increased liquidity.

United Africa Blockchain Association laments FNB's crypto decision

According to UABA, while South Africa does not currently appear to have any laws regulating custodianship of cryptocurrencies, the Crypto Assets Regulatory Working Group, in its January 16 released Consultation Paper, proposed regulatory action that would

United Africa Blockchain Association laments FNB's crypto decision

The organisation added that the Intergovernmental Fintech Working Group (IFWG) and Crypto Assets Regulatory Working Group (CARW) have provided a roadmap proposed regulation.

How African Bank’s digital focus has paid off

African Bank CEO Basani Maluleke talks to Business Day TV about the growth the bank has enjoyed

FinTech