Malawi gains ground in Fintech adoption
Figures released by the Reserve Bank of Malawi reflect growth in both volume and value of digital transactions.
Michael Malakata
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1:40
Airtel Malawi partners Mukuru in mobile money transfer service
Mobile money users from Botswana, South Africa and Zimbabwe will be able to remit funds directly to Airtel money recipients in Malawi.
1:50
COVID-19 hits Malawi’s remittance market hard
Reserve Bank of Malawi cites economic crisis brought about by COVID-19.
2:20
7.9% increase in mobile banking subscribers in Malawi
Channel is most widely used, according to Central Bank report.
1:40
Malawi telcos scrap transaction fees
Companies respond to President’s directive issued last week.
1:30
Malawi’s govt orders reduction on mobile money fees
Authorities issue directive after country records 16 confirmed COVID-19 cases.
2:20
Malawi draws up new cyber security guidelines to protect finance
Country's Reserve Bank introduces new regulations finalised in October 2019.
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Malawi's Reserve Bank in showdown with FinTech over ecommerce
Finance institution disputes claims that it is side-lining FinTech firms in their attempt to connect to the country's digital finance system.
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Competition heats up in Malawi's mobile money market
MNOs alert users to new innovations as statistics reveal surge in consumer activity.