Huawei unveils Non-Stop Banking initiative to spur innovation in Africa

Through the programme, the ICT vendor plans to facilitate ‘a digital future of non-stop services, non-stop development, and non-stop innovation’ for banks.
Samuel Mungadze

Botswana clamps down on unregistered crypto dealers

Botswana Non-Bank Financial Institutions Regulatory Authority has intensified pressure on rogue crypto players, shutting down unregistered entities.

Nigeria commits $618m for digital skills, job creation

I-DICE will support 451 tech start-ups, 226 creative enterprises and 75 enterprise support organisations, and the benefits to Nigeria’s economy are pegged at $6.4 billion.

Rwanda grants fintech Flutterwave two additional licences

Flutterwave can now offer deposit and withdrawal services, electronic funds transfer, as well as inbound and outbound remittance services to the 13.46 million people in Rwanda.

Ghana’s unpopular MoMo tax hits Botswana’s Letshego hard

Letshego Group’s mobile loan book decreased by 26% year-on-year , as result of an unpopular tax imposed on mobile money transfers in Ghana.
13 Mar

Zambia Mobile Money balloon as fintech adoption increase

Extensive adoption of digital financial services in Zambia presents important opportunities in the country, says the regulator.
10 Mar

Payment firm Network International bets on bullish Africa for growth.

The company is bullish about the growth potential in Africa and will soon deploy its ‘best-of-breed technology platform’ in a number of countries.

Fintech best practices and diaspora banking under spotlight at 2023 African Fintech Summit

Having secured licences in Egypt, Flutterwave named lead sponsor of the event in April and in November.

Telkom partners Clickatell to tap into SA’s burgeoning Fintech space

According to the companies, Telkom customers can easily and safely pay bills, recharge and purchase new service bundles in WhatsApp.

Fintech Cross Switch granted approval to operate in Ghana

The fintech will use its payment technology infrastructure to digitise merchant payments, collections and disbursements for ecommerce, and remittances.

These are the new coins Yellow Card added to its app

Customers can now trade over seven digital assets including: Bitcoin, Tether, Ethereum, USD Coin, Cardano, Solana and Celo Dollar.

Fintech Flutterwave brushes off $6m hack claim in Nigeria

Flutterwave identified an unusual trend of transactions on some users’ profiles, but denies a security breach took place and says no funds were lost.

Kenya digitises fund for women to drive financial inclusion

Digitising the Women Enterprise Fund is aimed at driving financial inclusion and empower women.