Africas leading resource for digital financial services
Newsflash
- Unpacking Africa’s License Transfer Barriers: Lessons from Zazuu, Bonto and PayU Kenya Exits
- Safaricom Announces Largest M-PESA Upgrade Yet
- PayU Kenya Enters Liquidation After Struggling in M-Pesa-Dominated Market
- GHANA: ECG Issues Fraud Alert Over Mobile Money Scams
- Egypt :CBE, banks to launch card tokenization on Android mobile apps
- Mobile wallet transactions in Egypt surge 72% in Q2 2025
- Pivoting Nigeria’s Analog BDCs from Cash Arbitrage to Tech-Driven FX and Remittance Providers
- SOUTH AFRICA: SARB Seeks to Open Payments System to Non-Banks
- Verto Launches Atlas Suite to Simplify Global Payments
- Addressing the ecosystem risks in Nigeria’s POS Geo-Tagging Drive
Latest Stories
By Emmanuel Okoegwale For decades, Nigeria's Bureau de Change (BDC) sector operated largely on arbitrage between official and parallel marke...
Written by: Emmanuel Okoegwale, MobileMoneyAfricaThe Central Bank of Nigeria’s new directive to geo-tag and geo-fence POS agents within a 10-metr...
The number of bank accounts linked to Bank Verification Numbers (BVNs) in Nigeria has risen to 66.2 million as of July 2025, according to the lat...
The Central Bank of Nigeria (CBN) has clarified recent speculations regarding charges related to the newly launched Non-Resident Bank Verificatio...
Telcos to receive direct USSD payments as NCC and CBN approve End-User Billing modelIn a major policy shift aimed at resolving the long-standing...
U.S. lawmakers have introduced a draft bill proposing a 5% excise tax on remittances sent abroad, which could significantly impact immigrant comm...
The Electricity Company of Ghana has warned customers against mobile money fraudsters impersonating company officials and demanding payments for...
Banking consultant Dr. Richmond Atuahene has called on the Bank of Ghana (BoG) to implement centralized B2B software to address significant gaps...
*Orange Money Group and JUMO have partnered to grow financial inclusion in Africa, focusing on microcredit for the unbanked.*The collaboration le...
Network International (Network) (https://www.Network.ae/), a leading enabler of digital commerce across the Middle East and Africa, has announced...
Mr. Dare Okoudjou, Founder and Chief Executive Officer(CEO) of Onafriq, says the platform has the potential to connect mobile money and bank acco...
Flutterwave, Africa’s leading payments technology company, has recently secured a Payment Institution (PI) license from the Central Bank of West...
Safaricom (NSE: SCOM) has announced the most significant upgrade of the M-PESA platform since 2015 marking a major milestone in the service’s 18-...
PayU Kenya, the local operation of global fintech giant PayU, has entered liquidation after years of struggling to win over customers in one of A...
In a significant policy development, Kenya’s Treasury is reportedly evaluating a structural overhaul of Safaricom PLC, the nation’s most prominen...
Ethiopia has officially launched its first domestic credit card, marking a major milestone in the country’s financial sector and ongoing efforts...
Safaricom’s M-PESA and PayPal have announced a landmark partnership enabling seamless fund transfers between their platforms, connecting over 35...
MTN Uganda’s MoMo platform has become a powerhouse: fintech revenue grew 23%,
boasting 13.2 million mobile-money users—over half the population—...
The Central Bank of Egypt (CBE) announced that it is working with local banks to roll out card tokenization services on mobile applications runni...
The value of transactions conducted through mobile wallets in Egypt reached EGP 943.4bn during the second quarter (Q2) of 2025, according to the...
Moroccan fintech startup PayTic has raised $4 million in a seed extension round to scale its payment automation solutions and expand into North a...
e& Egypt has launched its first instant international money transfer service through the e& Cash digital wallet, marking a transfor...
Cairo, Egypt: in a strategic partnership that is set to accelerate the fintech growth in Egypt, MDP, a leading payment enabler, and Visa, a...
Apple Pay, Apple’s mobile payment and digital wallet service, has officially launched in Egypt, December 10, marking a major milestone in the nat...
The South African Reserve Bank (SARB) has announced plans to broaden participation in the national payments system (NPS) by allowing non-bank fin...
Western Union (www.WesternUnion.com), Zoona Transactions Zambia Limited and Chipper Cash today announced the launch of internation...
The three Mozambican Electronic Money Institutions (EMIs), which operate via mobile phones, posted profits of 2.37 billion meticais (€31.9 millio...
In a bold corporate facelift, the fintech giant has announced plans to rebrand to TN CyberTech Investments Holdings Limited, in honour of foundin...
The Malawi Communications Regulatory Authority (MACRA) is set to implement biometric SIM card registration to combat the rising cases of mobile m...
The value of mobile money transactions in the country rose to P33.5 billion in the year to March 2024, up more than 26% year-on-year, as telecomm...
Verto, a leading B2B global payments platform, has launched The Atlas Suite, a next-generation set of API-first embedded finance solutions design...
Opera Limited, one of the world's major browser developers and a leading internet consumer brand, today announced that MiniPay has officially sur...
n a historic milestone for the continent, Standard Bank Corporate and Investment Banking has become the first African bank authorised to process...
Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This...
Effective June 11, 2025, U.S. startup Wave has received authorization to operate in Cameroon through a partnership with Commercial Bank Cameroon...
Onafriq, Africa’s
largest digital payments network, is celebrating its 15-year anniversary by
announcing a significant milestone: close t...
