Standard Bank has gained a stake in Nomanini following an investment of $4m. The bank will be able to use Nomanini's fintech platform to uncover data on the informal retail economy...
Since 2001, Bizcommunity anticipated the role of company culture as intellectual capital. Biz Press Offices are a "glass box" game changer, offering a window into 18 industry communities...
Bizcommunity.com 23 Jul 2019
Paylater rebranded to Carbon to become a digital financial services platform, going "beyond banking", says CEO Chijioke Dozie...
Louise Marsland 19 Jul 2019
While fintech and mobile solutions for money transfers have taken off in Africa, there has been a mixed reaction thus far from governments to the use and regulation of blockchain and cryptocurrency...
The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...
Gavin Brown 27 Jun 2019
Cryptocurrencies offer a financial lifeline to people excluded from the formal financial economy and to those living in oppressive political or economic regimes...
Bronwyn Williams 20 Jun 2019
Africa is still home to a large unbanked population. Eighty percent of adults in sub-Saharan Africa don't use any formal or informal banking facilities, and only 5% of adults have a credit card...
Vaughan Alexander 12 Jun 2019
We chat with Grey Jabesi, an entrepreneur, Blockchain enthusiast, cryptocurrency evangelist, analyst, and investor based in Africa....
Evan-Lee Courie 20 May 2019
With mobile money continuing to dominate the continent's commerce growth, opening doors to business to everyone from a rural farmer to an entrepreneur, and cross-border seeing inter-country transactions on the rise, the continent is making a play to be the world's biggest e-commerce opportunity...
African economic growth has in general been driven by public infrastructure investment and the expansion of services to a largely underserviced population. However, fintech is increasingly receiving attention from both private and public sector...
Mobile money has changed the face of financial services forever. It has driven significantly greater financial inclusion in emerging markets around the world, positively impacting whole communities and economies...
Akinwale Goodluck 29 Mar 2019
Africa must digitise its economies, broaden its tax base, prevent further deterioration of fiscal and debt positions, and aim for double-digit growth to achieve the UN 2030 global goals (SDGs), and the AU Agenda 2063...
There is still $400m unbanked in Africa, and the goal is to work with the private and financial sector to connect the poor with adequate financial systems...
Nicci Botha 20 Mar 2019
More and more African consumers are coming online and their commercial habits are evolving faster than any other demographic in the world...
With two key retail periods - Black Friday and festive season - now behind us, retailers are looking for new ways to increase revenue, grow market share, and boost profits...
Mark Schech 22 Jan 2019
Ecobank, the Pan African Bank, appoints MFS Africa as digital payment partner...
Orange Group and MTN Group have announced a joint venture, Mowali, to facilitate mobile payments across Africa...
When the pseudonymous Satoshi Nakamoto came up with cryptocurrency 10 years ago, he envisaged a global digital monetary system free from regulatory constraints....
A recent World Bank report showed that Somalia has one of the most active mobile money markets in the world, outpacing most other countries in Africa...
Victor Odundo Owuor 15 Oct 2018
According to the cofounders of TagPay Yves Eonnet and Hervé Manceron in their new analysis of the digital revolution, Fintech: The Banks Counter-attack, "Africa is the Silicon Valley of banking"...
Africa is rising and technology is at the forefront of growth on the continent...
Katy Micallef 21 Sep 2018
The future of payments ecosystems is taking shape in Africa as the continent paves the way for innovation that brings together retail, banking, financial services and mobile technology...
Global crypto-marketplace Paxful, together with its implementation partner NPO Zam Zam Water, has launched #BuiltWithBitcoin...
We have reached a technological crossroad for payment services where adaptation and innovation will have to pave the way...
Luko Onke Binase 23 Jul 2018
The UAE Exchange has rebranded its Africa Operations as Unimoni and announced plans to invest USD 100 million to expand its Africa operations over the next decade...
Shaping Africa's digital future - AfricaCom launches free headliner conference tracks with worldclass speaker lineup...
Twenty-nine (29) African entrepreneurs have completed the two-week eFounders Fellowship programme in China, an initiative run by Alibaba and the United Nations Conference on Trade and Development...
Gabriella Mulligan 6 Jul 2018
Remittance thought leaders to gather in Lagos, Nigeria, in October for Remittance Africa Expo 2018...
The Ivorian government has signed MOU with Visa with an aim to digitise government services and ensure financial services are accessible to more Ivorians...
An announcement you may have missed from Cannes Lions: There's a new cryptocurrency soon to be launched, but it won't be taking its name from any memes or computer jargon. Instead, it'll be launched by Senegalese musician Akon...
Andy Walker 28 Jun 2018
