Kenya’s GDP to grow by 4.7%, supported by digitisation
An economic outlook published by Mastercard has highlighted digital adoption and advances made by the East African country, which are helping to support strong economic growth.
Nixon Kanali
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Flutterwave gets Ghana approval to offer inward remittances
This development, according to the business, reinforces Flutterwave's aim to simplify payments across Africa.
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Remitly, Airtel Tanzania partner to simplify money transfers
The partnership allows Remitly users to send money straight to Airtel Tanzania wallets.
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Fintech LemFi gets additional remittances license in Kenya
The latest license will enable the fintech to provide remittance services in collaboration with Kenyan fintech Flex Money Transfer.
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Zimbabwe’s Innbucks to offer remittances from SA
Over the weekend, Innbucks advised customers that they may send money from South Africa through the Clicksendnow website.
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Mukuru launches Naira bank top-up feature in Nigeria
Naira bank top-up product enables consumers to avoid the sub-optimal process of converting received USD into Naira, says the firm.
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Calls for regulators to block MoneyGram acquisition
According to reports Western Union is in talks to buy rival firm, MoneyGram.
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Western Union partners Zimbabwe's EcoCash
Zimbabweans in diaspora will be able to use EcoCash for remittances.
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Mobile wallets popular for African remittances
WorldRemit says 82% of its transfers are received on Safaricom’s M-Pesa service.
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FNB unveils SA-Mozambique money transfer
Mozambican residents working in South Africa will be able to send money home.
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Bitcoin-compatible startup to rival M-Pesa in diaspora remittances
Kenyans living in diaspora will be able to send money in form of bitcoins.
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Equity Bank launches new diaspora remittance service
Businesses and individuals will be able to send money directly to an Equity Bank account.