MTN Group pays more than $2 billion in taxes

While still functioning, the legacy system has limits, and as a result, the ministry will decommission the current legacy system and transition to the newly designed Trust System.

Interledger has partnered with Kanzu Finance, which provides microloans to Ugandan community-based financial groups.

This tax seeks to capitalise on the increasing expansion of electronic payments, which will exceed $619.70 billion in total transactions by 2024.

The resources will help the ADFI partnership catalyse digital financial solutions across Africa.

Alexander Hizikias, co-founder and CEO of eQup, describes fintechs as a movement that is transforming people's lives through increased financial inclusion.

The telco says its performance sharing scheme strengthens its commitment to personnel retention while encouraging collegial success.

The projected growth is due to rising internet penetration and financial inclusion in Africa, as the continent rapidly takes up digital transformation.

The Somali Instant Payment System is backed by the Central Bank and operates on Banking Payments Commerce's SmartVista platform.

The bilateral program addresses important difficulties for smallholder farmers by providing integrated digital solutions.

The company has prioritised promoting closer collaboration among financial institutions and enhancing digital payment infrastructure.

The business says its success in 2024 allows it to pay $139 million (UGX506 billion) in dividends to shareholders.