Managers of Wealth Africa

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

A female-led venture capital fund focused on African women founders nears its €60 million target

It aims to be the largest pan-African VC fund able to deploy capital from seed through growth stage, says Ba, who is originally from Senegal.

Branchless Banking Coming Soon – Bawumia

Speaking at the 3rd Chamber Business Awards 2018, Dr Bawumia said that, by stating that Ghanaians would be provided with bank accounts, he meant branchless banking.

10 things South Africans says will make them switch banks

The survey polled over 47,000 banking customers, including 2,000 from South Africa, to determine what their banking needs are, and whether they are being met by local providers.

$500 Bitcoin Premium in South Africa as Bank Announces Closure of Crypto Accounts

The affected exchanges, the news outlet reports, made it clear they have other banking relationships and noted the hope new regulations and guidelines will help the crypto industry move forward in the country.

The banking brawl for zero is on – Bank Zero vs FNB

It seems that FNB is telling Bank Zero that the game is on

Nedbank teams up with Mara Phones

We believe our clients should be able to use the mobile network of their own choosing

Nigeria banks raise stakes in Africa mobile payment technology game

System is opening up to telecom operators in effort to reach the unbanked

Banking giant to shut down South African crypto exchange accounts

“Within this context, the bank has taken the decision to discontinue the provision of banking services to virtual currency exchanges and entities dealing/trading in virtual currency. Future regulatory clarity may cause us to revise our decision.&

Bank Zero’s debit card and world first anti-theft tech

A new bank called Bank Zero, which will be South Africa’s first digital bank has developed a patented debit card that hopes to offer advanced security features to protect their customers from theft and fraud.

Everything you need to know about African fintech right now

Across West Africa, the reach of the mobile money sector is 13 times wider than local banks.

Synthesis excels, again

The RegTech area has shown promising growth, attracting several new customers to the mix.

Banks Can't Do All the Work on Financial Services

Other countries in Africa have also shown the importance of fintechs stepping in where banks can't.

Libya’s Trans Sahara and Morocco’s Data Protect sign agreement to establish first data security operations centre in Libya

This collaboration is the result of our strategic decision to find partnerships within the Maghreb and to localize the regional talent’’, he concluded.

Growing impact of Africa’s innovation hubs ecosystem

"My hope is that someone is listening because at the end of the day, Africa’s future lies in her young."

The banking scams criminals are using to target South Africans right now

Another scam that criminals are still deploying is to trick people into paying for holiday accommodation that doesn’t exist.

FinTech