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MTN Uganda seeks approval to establish fintech firm

The telco's restructuring plans are in line with the Group's Ambition 2025 strategy, which seeks to unlock value, attract new investors, and ensure regulatory compliance by establishing independent fintech firms in Uganda, Ghana, and Nigeria.
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11 Jun

Mukuru to exit eSwatini market by end of June

Financial services provider Mukuru has declared that it will wind down operations in eSwatini by 30 June 2025, in partnership with the Central Bank.
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3 Jun

Jumia welcomes AXIAN Telecom as a new investor post-MTN era

Five years after MTN sold its stake, Jumia has attracted AXIAN Telecom as a new strategic partner with an 8% stake, indicating renewed trust in the e-commerce platform's turnaround efforts and future prospects.
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Mobile, Fintech units lift Econet in year-end results

Econet reorganised its mobile and fintech divisions significantly during the last year, which improved the company's performance.
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2 Jun

PalmPay becomes African fintech powerhouse in six years

PalmPay, a digital finance platform launched in 2019, has been ranked Africa’s fastest-growing financial services firm by the Financial Times, highlighting its rapid expansion and impact on financial inclusion.
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28 May

Africa cross-border payments set to hit $1 trillion by 2035

A new report by Oui Capital highlights how mobile wallets, crypto rails, and fintech APIs are transforming Africa’s cross-border payments, but warns that legacy systems and fragmented regulations still pose costly barriers to scale.
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28 May

UAE's the Binary Holdings enters Nigerian market

The company says the move paves the way for an important leap into the African market, where untapped opportunities for Web3 adoption are developing.
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23 May

MTN opens new era of tech partnership in Uganda

The telco and government are working to push forward the National Digital Transformation Roadmap.
3:50
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Yellow Card advocates for Stablecoin use in Africa

The fintech company says it is actively engaging with regulatory authorities and banks to ensure compliance and promote the benefits of Stablecoins.
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22 May

M-PESA boosts MSME lending with new credit options

The newly introduced credit products, which are available through the M-PESA Business App and USSD, aim to give accessible and flexible loan solutions.
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21 May

IsDB explores how fintech could spur inclusive growth in Islamic finance

The 19th IsDB Global Forum in Algiers showcased how emerging technologies like AI, fintech, and digital ID systems are reshaping Islamic finance.