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East Africa

Kenyans can now make mobile money payments directly to M-PESA pay bill numbers

Kenya’s mobile network operators, Telkom, Safaricom, and Airtel have come together to enable Kenyans to make direct mobile money payments to...

Finance & Banking

Orange Bank Africa, IFC partner to accelerate fintech growth in West Africa

The International Finance Corporation (IFC) has announced a partnership with Orange Bank Africa (OBA) to increase access to finance for agents...

East Africa

M-Pesa brings in nearly half of Safaricom’s total earnings

M-Pesa, a mobile money business of Kenya’s leading mobile network operator Safaricom, has made a profit of $423.6 million (Sh50 billion)...

East Africa

Kenyan court freezes bank accounts linked to Nigerian fintech Flutterwave

Nigerian fintech start-up Flutterwave, has landed in trouble after a High Court in Kenya ordered the freezing of its funds amounting...

East Africa

Kenya has highest share of Africa’s crypto owners

Kenya has the highest percentage of population who own cryptocurrencies in Africa, according to a report by the United Nations Conference...

Central Africa

Africa’s first Bitcoin adopter readies its own digital currency

The Central African Republic, which became the first country in Africa to adopt Bitcoin as legal tender in April, is poised...

East Africa

Telkom Kenya to launch mobile loans service

Mobile operator Telkom Kenya has announced plans to launch a mobile loans service, as the company focuses on diversifying its product...

East Africa

Tanzania slashes mobile money tax by 43%

The Tanzanian government has reduced the tax on mobile money transactions by 43%. The measure was announced last week by Mwigulu Nchemba,...

Finance & Banking

Mastercard and Ezipay reinforce alliance to enhance global payments for MEA region

Payments technology company Mastercard, has strengthened its partnership with EziPay to enable millions of consumers across the Middle East and Africa...

East Africa

Tecno Mobile enters mobile money market in Kenya

Tecno Mobile, a Transsion Holdings mobile phone company has announced it will launch a new mobile wallet service in Kenya.

Finance & Banking

MFS Africa acquires US firm Global Technology Partners

Digital payments company MFS Africa, has announced that it has reached an agreement to buy Global Technology Partners (GTP), in a...

Finance & Banking

South Africa’s Ukheshe launches first certification-free mobile payment solution

Fintech company Ukheshe Technologies, has launched the very first tap-on-phone payment solution that requires no certifications. In a...

Finance & Banking

Standard Bank Head of IT resigns

Standard Bank has announced the immediate resignation of its chief engineer Alpheus Mangale. This follows a series of system outages at...

East Africa

Safaricom and Visa launch M-PESA GlobalPay Virtual Card

Safaricom and digital payments company Visa, have introduced the first M-PESA GlobalPay Visa Virtual card. The...

Business

MTN Group announces new Executive for BankTech

MTN Group has announced the appointment of Andrew Goodrich as Executive for Banktech in the Group’s fintech division, effective, 1 June...

Finance & Banking

Talk360 secures $4 million funding to launch African payment platform

International calling app Talk360, which enables people around the world to make reliable and affordable calls to any landline or mobile...

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