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South African middle class use up to 80% of their salary in 5 days – top bank

The average South African consumer spends up to 80 percent of their salary within the first five days of the month,...

Nigeria’s markets regulator announces rules on crypto assets

Nigeria's Securities and Exchange Commission (SEC), has published a set of regulations for digital assets, signalling Africa's most populous country is...

Vodacom launches Vodalend Compare for consumer lending

Vodacom Financial Services has launched VodaLend Compare, a financial services marketplace aimed at offering unsecured personal loans for customers.

Fintech Mama Money accelerates global expansion

South African-based fintech Mama Money has announced its expansion globally, with its footprint now reaching over 50 countries across Africa, Asia,...

Unlocking the transformative power of mobile money

During the last decade, rapid digitisation has revolutionised the financial industry globally, through the advent of innovative services such as mobile...

Tanzania’s NALA selects Cellulant to facilitate seamless cross-border payments into Africa

Tanzanian fintech company, NALA, has partnered with has teamed up with pan-African Payments firm Cellulant, to enable remittance transactions from the...

Central African Republic adopts Bitcoin as legal tender

The Central African Republic has announced the adoption of bitcoin as an official currency, becoming the first country in Africa and...

Africa’s top 5 private wealth markets hold over 50% of continent’s riches – report

According to the latest 2022 Africa Wealth Report, released by Henley and Partners in partnership with New World Wealth, the total...

DPO Group announces addition of USSD payment option in Nigeria

African digital payments company DPO Group has announced the addition of a new form of payment that will allow merchants to...

Cellulant recognised as best digital payments brand in Africa

Pan-African Payments company Cellulant and it’s all-in-one payments gateway Tingg, have been recognised as leading digital payments brands in Africa, picking up 4 awards...

Zimbabwe: Central bank shuts down mobile money platform InnBucks

The Reserve Bank of Zimbabwe (RBZ) has shut down InnBucks, a money transfer service provider, owned by pan-African quick service restaurant...

Crypto firm Luno hits 10 million customers

Crypto firm Luno, founded by two South Africans, has announced that it now has 10 million customers in over 40 countries....

Sasai Remit partners Qoki Zindlovukazi to facilitate secure cross-border payments

Digital money transfer provider Sasai Remit a business of Cassava Technologies, has announced a partnership with Qoki Zindlovukazi, which seeks to...

MTN Nigeria gets licence for mobile money banking service

Africa’s largest wireless carrier MTN Group, has been granted an operational licence for its Mobile Money (MoMo) Payment Service Bank by...

Safaricom, Telkom and Airtel announce integration of mobile money services

Kenya’s mobile network operators: Telkom, Safaricom, and Airtel have announced the interoperability of their mobile money service platforms, allowing Kenyans to...

Safaricom launches Halal Pesa, a Shari’ah-compliant mobile loan facility

Safaricom has partnered premier Shari’ah compliant bank, Gulf African Bank, to launch Halal Pesa, a Shari’ah-compliant mobile financing solution.

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Transforming network and security with AI and ML

Finding a way to overcome manually-intensive and complex IT environments that require access to information and resources is one of the...

The what, how, where and why of AI

Artificial intelligence (AI) technology is playing a vital role in transforming not only businesses, but entire industries, and even our day-to-day...

LinkedIn hikes prices in Kenya

Business networking platform LinkedIn has announced a rates increase for premium services in Kenya by up to Sh1400 following the government’s...

Autocheck acquires Morocco’s KIFAL Auto

Autochek, the automotive technology firm making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto,...

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