Flutterwave founder named vice chair of US-Africa Business Center’s board

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.

The fintech, which entered the Kenyan market in June last year, gained clearance yesterday and pledged to provide secure services while complying to the Central Bank's regulatory framework.

The $500 million project is expected to transform the overall landscape of financial technology and non-interest banking market in Nigeria.

Belong, a new wealth-building platform, launched yesterday after raising £2.95 million in pre-seed capital.

Nigeria authorities say a thorough investigation is ongoing to establish the circumstances that led to Nadeem Anjarwalla escape from lawful detention.

Overall fintech revenue growth increased by 21.8% year-on-year, with other key developments proving their worth.