Access Bank, MasterCard partner on cross border payments

The Nigerian Ministry of Information and National Orientation dismissed bribery allegations as Binance's well-coordinated public relations operation to repair its tarnished reputation.

The purchase price will be paid in the form of shares of Lesaka common stock  and $12.5 million in cash.

Cellulant and Google stated that the move aims to boost usage and downloads in a market where international card usage is limited.

The action, according to the company, marks a significant improvement in digital and financial inclusion.

Olugbenga Agboola has said that joining the group fulfils the fintech's desire to connect Africa to the global economy.

According to the partners, the deal will give more reliable and cost-effective digital transaction options to businesses and consumers across Africa.

AI tools can analyse data from client discussions, producing legal documents in simple language and at a fraction of the cost of what it would typically take to draft a contract

According to the companies, the partnership will drive growth of digital financial services, including mobile money transactions, and cross-border remittances.

The Central Bank imposed transactional limitations on electronic currency institutions and required them to classify their clients based on risk assessment.

I&M Bank in Kenya has made the move as the result of customer feedback and a response to the high cost of living.

The investment would help fintech Zeepay, which is present in 20 countries, to broaden its reach in new markets across the continent.

The cooperation is set to provide consumers with access to credit for larger ticket items and help retailers improve sales.