Fintech use surges in Nigeria as volatility hits local currency
Between October and December 2022, the value of mobile-money transactions jumped by 25% to 2.5-trillion Naira.Tawanda Karombo
Local currency issues hamper Zimbabwe’s telecoms operators
Telecoms operators are struggling to access foreign currency to pay international vendors of equipment, licenses and other suppliers.
Dollarisation of mobile money transactions in Zimbabwe gains traction
EcoCash Holdings says this is driving up US dollar revenues for mobile money and Fintech companies in the southern African country.
Ivory Coast’s rural mobile money agents under threat
World Bank and CGAP concerned over financial storm brewing as Wave Mobile takes out rural mobile money agents.
StarLink relief for Zimbabwe’s frustrated internet users
ISPs brace for competition as users expect faster, more reliable internet connectivity later this year.
Vodafone gets the nod to dispose Ghanaian unit
National Communications Authority of Ghana has approved application by Vodafone Ghana to transfer a 70% stake to Telecel.
Regulation rocks Africa’s 5G readiness
Market wrangling and regulatory hold-ups hampering progress on the continent claims report.
Zimbabwe’s Tano Digital Solutions in recruitment drive
Latest development emerges after JSE-listed Altron sold businesses in Botswana and Mozambique.
Tighter global economy could force African start-ups to opt for M&A deals
Leaders at Africa-focused start-ups may have to reconsider exit M&A deals as VC funding slows.
DRC tax officials freeze Vodacom accounts, seal offices
Developments relate to a tax dispute dating back to 2021.
Interest in VoIP increases as Zimbabwe businesses lean on broadband
Latest data from telecommunications industry regulator reflects impact of stronger uptake of broadband.
Cash still king in Zimbabwe despite mobile money inroads
Despite increasing usage and uptake of mobile money and bank accounts in Zimbabwe, cash is still the most used medium of exchange.
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.