Fintech
Kenya: KCB Bank Introduces Kenya’s First Platinum Multi-Currency Prepaid Card in Partnership with Compass Plus Technologies
KCB Bank Kenya has launched the country’s first platinum multi-currency prepaid card, developed in collaboration with Compass Plus Technologies, marking a significant advancement ...
Africa
Africa: PayAngel Secures Regulatory Milestone to Accelerate African Expansion
PayAngel, a leading remittance and payments provider, has strengthened its growth trajectory by securing an Enhanced Payment Service Provider (PSP) license from the ...
Fintech
Ghana’s President John Mahama Endorses Solana for Africa’s Fintech Growth
At the African Prosperity Dialogues Summit in Accra, Ghanaian President John Dramani Mahama expressed strong support for Solana, highlighting its potential to advance ...
Fintech
Nigeria: Flutterwave Partners with SMEDAN to Enhance Digital Payments for Nigerian MSMEs
African fintech leader Flutterwave has partnered with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to provide micro, small, and medium ...
Nigeria
Nigeria: CBN Intervenes with $360M to Stabilize Naira Amid FX Volatility
The Central Bank of Nigeria (CBN) injected $360 million into the foreign exchange (FX) market over five days, curbing pressure on the naira ...
Regulatory
South Africa to Raise VAT to 16% by 2026 to Strengthen Revenue Generation
South Africa’s Finance Minister, Enoch Godongwana, has announced a phased increase in the country’s value-added tax (VAT), outlining the measure during his 2025 ...
Nigeria
Nigeria: Access Bank’s Africa Trade Conference Paves the Way for Enhanced Intra-African Commerce
Access Bank PLC successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts ...
Innovation
South Africa to Scrap Luxury Tax on Smartphones to Promote Digital Inclusion
In a bid to make smartphones more affordable for low-income households, the South African government has announced plans to eliminate the luxury excise ...
Africa
Nilos Expands into West Africa to Transform Cross-Border B2B Payments
Global B2B payment platform Nilos is expanding its footprint into West Africa, targeting Ivory Coast, Senegal, Benin, and Togo. This strategic move aims ...
News
South African Major Banks to Boost Loss-Absorbing Capacity from 2026 – Fitch
South Africa’s systemically important banks (D-SIBs) are set to enhance their loss-absorbing capacity starting in 2026 by issuing new loss-absorbing debt (FLAC), according ...