Micro-investment platforms grow in Nigeria

According to Alwyn Pretorius of Infinitus Reporting Solutions, while AI may impact the future of financial reporting, strong fundamentals will determine who will be ready when the time comes.

A new RMB report positions Namibia as the continent’s frontrunner in seamless, real-time digital transactions after becoming the only African nation to integrate India’s UPI at the government level.

The contest attracted hundreds of applications from eight of Absa priority markets namely Ghana, Kenya, Uganda, Zambia, Botswana, Mozambique, Seychelles, and Mauritius.

According to the government, more than 84% of adults now use formal financial services, primarily banking, mobile money, and digital finance solutions.

A tripartite collaboration is launching a service to empower MTN MoMo agents with instant access to short-term finance.

Africa’s digital commerce landscape continues to mature, but its cross-border payout infrastructure still lags behind the speed of domestic innovation, according to Apollo Eric, Founder and CEO of Bitlipa.

The fintech said the license supports its efforts to establish a compliant, secure, and trustworthy platform for its users.

Backed by a globally seasoned board and deep African expertise, the group aims to double its SME customer base and ignite the continent’s next fintech revolution.

Africa’s financial payments giant has fired its co-founder and CTO after sexually explicit old tweets and misconduct allegations resurfaced.

The Chinese Cross-Border Interbank Payment System is expected to simplify and accelerate the clearance of transactions between Africa and China.

Vodacom’s move to acquire more Safaricom shares could reshape East Africa’s mobile money landscape, giving the South African telco a firmer grip on M-Pesa and expanding its fintech influence across the region.