Africas leading resource for digital financial services
Newsflash
- Digitizing Social Protection and Humanitarian Payments in Nigeria
- Feature: Rise in mobile money banking entrenches saving culture among low-income Zambians
- Fintech Layer partners with UBA for digital banking
- Commercial Bank of Ethiopia secures $2.4 billion remittances
- Education, health take most remittances to Kenya–survey
- Hubtel launches Ghana’s first ever self-service myGhQR.com portal
- Financial inclusion in Africa requires more doing and less talking - 5 things to do
- Nigeria, SA, Kenya top sub-Saharan Africa’s e-commerce –Report
- Nigerian Payments App Paga May Be Africa’s Next Unicorn
- Ghana is the fastest growing mobile money market in Africa - Stanbic Bank
Latest Stories
Author:
Jacqueline Jumah
Designation:
Programme Head, Digital Financial Services at EFInAIn recent times, the environment
within which many...
The top market contributors to e-commerce in sub-Saharan Africa over the last three years are South Africa, Nigeria and Kenya, Visa said in a rep...
Nigeria’s biggest mobile payments company is vying to become Africa’s next unicorn, and its ambitions now stretch beyond the continent.Paga, whos...
Nigeria failed to reach its National Financial Inclusion Strategy for 2020 as it recorded 51 per cent as against its 70 per cent target.According...
Although the fragile peace between Deposit Money Banks (DMBs) and telecommunications operators over the use and non-payment of charges as appropr...
Transactions across various electronic payment channels rose marginally by 0.38 per cent to N21.27 trillion in May 2021, up from the N21.19 trill...
Ghana’s direct bank-to-any-account contactless payment service myGhQR.com has been officially launched by leading payments service prov...
Mobile money transactions has emerged as the most preferred digital payment method in Ghana according to a research conducted by a Research Team...
Monrovia — In its bid to boost Liberia's digital financial platform, Lonestar Cell MTN has launched its MTN Mobile Money In-App QR Code.The app,...
Established in February 2015, with software development as its core business, appsNmobile Solutions transitioned into a financial technology comp...
The Central Bank of Ghana is “in the advanced stages of introducing a digital currency,” Gov. Ernest Addison said during a press conference&...
More consumers are ditching the use of cheque for banking transactions as mobile money transactions far outstripped that of cheque transactions b...
The emergence of mobile money banking services has been seen as a blessing to many low-income earners in Zambia.Luke Bwalya is a 27-year-old info...
The state-owned Commercial Bank of Ethiopia (CBE) announced it has collected $2.4 billion in remittances from Ethiopians in the diaspora who sent...
Education, healthcare, and household needs are the main uses of remittances in Kenya, an analysis by WorldRemit indicates, with the country...
President Uhuru Kenyatta has urged the Ethiopian government to adopt mobile money transfer methods as its economy undergoes digital transformatio...
The value of money handled by mobile money agents dropped for the fourth month in a row in April on the back of lower spending due to ongoing eco...
Recent data from the May Migration and Development Brief shows that remittance flows to Uganda declined by 26 per cent, from US$1.4 billion in 20...
The Board of Directors at the Central Bank of Egypt (CBE) has approved the third edition of the rules for mobile phone wallet payment services.Th...
European technology companies Evina (www.Evina.com) and Telecoming (www.Telecoming.com) have signed a global alliance to work hand in hand in pro...
TradeTech innovator, Ovamba Solutions (www.Ovamba.com) and financial services provider, Singularity Finance (www.Singularity.finance) have partne...
A recent report reveals a significant increase in the number of electronic wallets and online transactions during the first wave of COVID-19...
-inwi money, a subsidiary of inwi and leading telecom player in mobile money services, has expanded its offering with the launch of an internatio...
Money transfer agency Cash Plus has launched the “Cash Plus Mobile Wallet” application, offering its customers the oppor...
UL, the global safety science leader, has announced the completion of a pilot project with WIZZIT Digital to launch Tap2Pay SoftPOS solution with...
Ukheshe, Mastercard, Nedbank and Telkom collaborate to grow access to the digital economy with virtual product that enables secure e-commerce pay...
MTN South Africa said on Wednesday it had entered into a $2 million partnership with the World Bank’s International Finance Corporation (IF...
With the African Continental Free Trade Agreement set to generate combined consumer and business spending of $6.7 trillion by 2030[i], the...
Since COVID-19 hit South Africa in early 2020, leading payment aggregator and provider of secure payment solutions, Pay@ has seen a 50%...
Mobile financial services are, in most African countries, born out of crises . In 2011, Zimbabwe had gone through a volatile decade of economic c...
Pawame, a UAE-based off-grid solar start-up has secured a funding of $2.5 million as it looks to expand further into sub-Saharan Africa.The fundi...
Global technology company Mastercard, and Geidea, the largest fintech company in Saudi Arabia by market share, have announced a strategic partner...
Today, Mastercard (NYSE: MA) took steps to advance its identity verification efforts with the acquisition of Ekata for US$850...
MTN Group Ltd. is valuing its mobile-money arm at about $5 billion, joining African wireless carriers planning to list these businesses in a regi...
NOW Money, the GCC’s first digital banking solution for low-income migrant workers, has secured $7m in a funding round led by venture inves...
Global payment processor Mastercard Inc will invest $100 million in Airtel Africa’s mobile money operations, valuing the business at $2.65 billio...
