Stablecoins to transform Africa’s informal economy
Jonathan Katende believes that stablecoins provide a solid, dollar-backed alternative to volatile local currencies, as well as an entry point into the digital economy.
2:50
Shiga harnesses global regulation to drive Africa's blockchain tech
Shiga Digital says Dubai International Financial Centre Innovation will enable it to redefine how pan-African businesses access- and interact with modern financial services.
2:10
Capitec, Mama Money partner for affordable cross-border remittances in Africa
Migrants from several countries in Africa can access Mama Money’s remittance platform directly via their Capitec mobile banking app.
3:20
Resurgent Nigerian economy boosts MTN performance
MTN Nigeria said yesterday the current environment offers a stable platform for operational success and long-term investment.
1:20
Orange Money, JUMO join forces to expand microcredit services
With plans to launch in Burkina Faso initially, followed by Mali and Botswana, the alliance will enable the rollout of various credit products from different funders, creating a new microfinance marketplace for the unbanked.
1:50
Nigeria’s Dropin pushes Africa expansion plans
FasterCapital will arm Dropin ahead of a planned seed funding round with expertise, enabling the start-up to leverage the investor’s LaunchUp program to gain access to critical resources for their market expansion plans.
1:50
Bfree gets $3m to promote financial inclusion in Africa
The investment will support Bfree’s distressed loan portfolio financing in Africa, thereby improving the credit scores of the distressed borrowers.
2:30
Stanchion, Tai Fintech drive advanced issuer solutions in Kenya
The partnership with Tai Fintech supports Stanchion's strategy to extend access to its Payment Fabric tech, helping issuers in Kenya drive innovation and remain competitive.
2:10
Japanese start-up SORA eyes Africa’s health-tech
This comes as the company recently raised $4.8 million to advance climate and health solutions in the continent.
1:50
Mastercard, Octet Türkiye push flexible payments in MENA
According to MasterCard, the two organisations will develop an integrated solution capable of processing a wide range of corporate transactions.
2:10
Safaricom Ethiopia hits 10 million active customers
The telco said this milestone represents a significant step forward in the company's commitment to enabling Ethiopia's digital transformation.
2:20
I&M taps ThetaRay to combat financial crimes
The bank has been commended for setting a new standard in East Africa, for proving that AI-first compliance can be both a deterrent to financial crime and an enabler of growth.