Africas leading resource for digital financial services
Newsflash
- KENYA: Diaspora Remittances Drop To Sh39.3bn In February
- MTN Nigeria to merge finance subsidiaries
- MTN Nigeria to merge finance subsidiaries
- NIGERIA: E-payment falls to N37tn as failed transaction mount
- NIGERIA: CBN bars agents from using PoS terminals for transactions
- Why the promise of a cashless society is key to unlocking the Nigerian commerce growth opportunity
- Western Union, MFS Africa to Enable Money Transfers Across Africa
- Nigeria's Central Bank in Talks With Blockchain Platform R3 for eNaira revamp
- eNaira adoption slow, 8% of wallets used – IMF
- KENYA: Mobile money uptake likely to tip scales in favour of online currencies backed by global central bank
Latest Stories
MTN Nigeria has proposed the merger of its two finance subsidiaries – MomoPayment Service Bank Limited and Yello Digital Financial Services Limit...
MTN Nigeria has proposed the merger of its two finance subsidiaries – MomoPayment Service Bank Limited and Yello Digital Financial Services Limit...
An increase in failed payment transactions in February caused a 4.83 per cent decrease in the value of cashless transactions to N37.67tn from the...
The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and ca...
Cash is a uniquely expensive and inconvenient way to do business. However, shifting to a world of cashless payments is easier said than done, as...
The Central Bank of Nigeria (CBN) is looking to develop a new system for its digital currency, the eNaira, and is in early-stage talks with New Y...
the Bank of Ghana (BoG) has increased mobile money transaction and wallet limits.The Bank in a statement issued on December 22, 2022, noted the r...
Cross-border payments company Wise has suspended transfers in Ghana's cedi currency after a rapid appreciation against the dollar this week made...
In line with the Government’s directive to link all SIM cards to National Identification Card (Ghana Card), all SIM cards that are not fully regi...
Mauritius-based money transfer startup, EziPay, is now operational in Togo. With its mobile app, Togolese residents will be able to receive and s...
Total Mobile Money transactions as of August 2022 compared to the same period in 2021 fell by ¢13.3 billion, about 2.02%, the latest Summar...
The Chief Executive of Ghana Interbank Payment and Settlement Systems, Mr Archie Hesse, has urged the public to sign on to GhanaPay to experience...
Kenyans living abroad sent home Sh39.3 billion in February, an 11.5 per cent drop compared to the Sh44.4 billion sent in January.According to the...
The widespread adoption of mobile money in sub-Saharan Africa, led by Kenya, has laid sufficient ground for policymakers to effect the introducti...
Kenya has introduced a new policy aimed at using mobile money to curb tax evasion in that country. This week, the Kenyan government re...
Banks and mobile money operators are now free to levy fees for transferring cash between their platforms after the High Court declined to extend...
Kenyans living abroad sent home a record high of ShSh497.1 billion in 2022, an 8.3 per cent increase compared to the Sh458.9billion sent in 2021,...
The High Court has ordered Banks and telco operators such as Safaricom to suspend the introduction of Bank to MPesa charges pending determination...
Egypt - The Commercial International Bank (CIB) has revealed that users of electronic banking services currently constitute about 66% of the bank...
As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership...
ADCB-Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the UAE, has extended its collaboration with Temenos (www...
The Central Bank of Egypt (CBE) has announced the activation of the InstaPay application on Wednesday 23 March, which is functioning in tandem wi...
The Central Bank of Egypt (CBE) approved Wednesday the launch of the electronic portal for managing mobile phone wallet accounts, in cooperation...
The Board of Directors of the Central Bank of Egypt (CBE) approved the rules governing the services of the instantaneous payment network within t...
Mama Money, a rapidly growing fintech that offers cross-border money transfer and banking services has partnered with AFC Commercial Bank,...
THE number of Zimbabweans with bank accounts has increased to 3,3 million this year, compared to two million in 2014, according to a Reserve Bank...
Ukheshe International, the UK-headquartered division of leading digital-first, Banking as a Service (“BAAS”) enabler Ukheshe Group (“Ukheshe"), t...
Byline: By Susan Sitemere, Country Manager, Zimbabwe, and South Africa, WorldRemitRemittances continue to offer a crucial lifeline in...
Cellulant Ltd., a Kenyan payment-services provider, is starting a South African business after months of testing the market and is looking to wra...
Embedded finance enabler Ukheshe Technologies has announced the launch of the very first tap-on-phone payment solution that requires no...
Western Union has partnered with payment gateway MFS Africa to enable money transfers into millions of mobile wallets across Afric...
In 2020, African fintech companies brought in about 4 billion USD in total. In 2025, one of the world’s most reputable consulting firms, Mc...
ZainCash Iraq announces the launch of Western Union international money transfer services through the ZainCash mobile application, enab...
82% of remittance senders agreed that the cost of living for those they send money to has increased since the start of the year .45% of send...
International digital payments corporation Visa has pledged to invest $1 billion in Africa in the coming five years to advance resilient, innovat...
Kuda, the money app for Africans is launching in the UK as part of a major global expansion drive, following a total investment of over US$90 mil...
