EXCLUSIVE: SA payments industry shows cautious signs of good growth in 2023

Much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills says Chris Wood, Regional Managing Director, Southern Africa and PALOPS at Network International.
Chris Wood
4 hours ago

Kenya is Africa’s second most popular investment destination – start-up report

Research shows that between January 2015 and November 2022, 242 tech start-ups raised a combined US$1,281,918,200.

Kenyans to be fully charged for digital banking in 2023

Central Bank of Kenya halts COVID-19 waiver and reintroduces mobile money to bank transaction fees.

The rise of super apps and hybrid banking in Africa

Service providers like Nedbank are customising offerings as consumers emerge from COVID-19 with a preference for a hybrid approach to financial services.

African Fintechs call for comprehensive regional regulatory policies

Fintech described fastest growing start-up industry and could rake in US$30bn by 2025.

Mindex launches Mauritius’ first official VASP

Mindex says Digital Custodian Limited will be live and operational from Q1 2023.

Resilient Africa must leverage informal sector, demographics to attract start-up investment

Venture capitalists remain interested in the continent, despite challenges, but the onus is on Africa to do all it can to sustain investment.

Chipper Cash readies to acquire Zambia's Zoona

Deal will enable Chipper Cash to add new online services and a new agent network to its offerings.
21 Nov

Bank of Central African States cautions against cryptocurrency investment

BEAC Governor underlines organisation’s stance following extraordinary meeting of the Bank’s monetary policy committee.

Africa’s changing shopping trends allow e-tailers to gain long-term loyalty

Retailers that don’t prioritise the customer experience risk losing out in this new market warns Darijan Bošković, Sales Director: Africa at Infobip.

Stakeholders unite on service to boost Ethiopia’s e-payments ecosystem

Oromia Bank, EthSwitch and Mastercard have partnered to encourage user adoption and growth.

African Tech Voices: Regulation and regulatory compliance are critical if Africa is to reap the rewards of interoperability

Regulators can play an important role in providing a regulatory environment which fosters digital payments and interoperability within their domestic markets and across the continent says Patrick Gutmann, Managing Director at MFS Africa.
15 Nov

Super app Yassir to launch on-demand grocery delivery service in South Africa

North African start-up secures US$150-million in Series B funding to expand service.