Managers of Wealth Africa

AWS commits to investing in SA

AWS announced it would bring its data centres to SA, opening an infrastructure region in Cape Town in the first half of 2020.

Virgin Money Spot is taking on Snapscan in South Africa - and it already has 400,000 users

Andre Hugo, CEO of Virgin Money South Africa, told Business Insider South Africa that the platform has gathered over 400,000 users since its launch in February 2018

StanChart launches new phone-based bank solution

The SC Keyboard recently launched in Kenya, Uganda, Ghana, and Tanzania. The solution is a first for the bank in Africa and will be rolled out to Botswana, Zambia, Zimbabwe and Nigeria throughout the rest of the year.

Leading South African Microfinance Institution Selects Temenos

The microfinance institution has over 170 branches and caters for millions of modest-earning, but salaried South Africans such as government employees, mineworkers and civil servants.

Opera founded startup OPay raises $50M for mobile finance in Nigeria

OPay will use the capital (which wasn’t given a stage designation) primarily to grow its digital finance business in Nigeria—Africa’s most populous nation and largest economy.

Bank of Kigali Plc selects Temenos

Bank of Kigali Plc chooses cloud-native, cloud-agnostic Temenos T24 Transact to provide end-to-end digital banking services to customers

Inside Africa’s bid for digital economy

Infrastructure funding gap in Africa is estimated to be around $130-170 billion a year, according to the African Development Bank.

KPMG launches a new Insight Centre in Lagos to help with digitalisation

As a number of experts look to analyse Nigeria’s position as the leading economy in Africa and a drive of future growth, KPMG has been particularly vocal in its take on the situation.

Will Facebook's digital money Libra be good for Africa?

According to a World Bank report published last year, the cost of sending cash in sub-Saharan Africa was at least 20% higher than any other region in the world.

Cybercrime now enterprise grade

Attacks on enterprise are becoming cheaper and easier for agents to execute, writes BRIAN PINNOCK, cybersecurity expert at Mimecast

What’s next on the road to digital innovation?

South Africa’s small businesses face a number of challenges: a declining economy, skills shortages and more.

How Ghana is acing its transition to mobile financial services

In Ghana , mobile financial services are mostly used by those poorly served by the traditional financial sector.

Standard Bank expands digital banking abroad as domestic challengers mount

A unified digital strategy across diverse markets allows the advantages of scale.

This is what likely caused Facebook’s outage - and why SA banks should be concerned

SA technology analyst Arthur Goldstuck believes outages at the cybercrime company Cloudflare were likely to blame for Facebook, WhatsApp and Instagram's network issues.

The digital nomads are coming and bringing economic benefit with them

Studies by the world’s major consultancies show that flexible workspaces now make up about 8% of global office space, rising to 30% by 2030

Like Libra, Wala also tried to “bank the unbanked” in Africa. It failed.

The cause was clear: Wala was unable to disentangle itself from the banking system it hoped to exist apart from and, eventually, replace.

Crypto in Africa: Crypto trade termed risky in Uganda

As reported on June 28 during a Town Hall meeting in Masaka, Kasekende said, “Let me state clearly that the cryptocurrency businesses are not regulated at the moment and therefore carry a significant risk of loss of savings, with no recourse to prot

East Africa - the heart of mobile money. What is next?

Mobile money has literally changed the lives of millions in East Africa in the last 12 years.

Cybercrime in the South African legal fraternity

The Attorneys Insurance Indemnity Fund (AIIF) now known as the Legal Practitioners’ Fidelity Fund (LPFF), has been notified of at least 110 cyber-scam related claims worth over R70-million since 1 July 2016.

Digital currencies, regulation closing access gaps

Top on the mind among respondents were security and data protection risks

FinTech