Rwanda
When Digital Payment Goes Viral – Lessons from COVID-19’s Impact on Mobile Money in Rwanda
A new report released by Insight2Impact showed that Peer-to-Peer transfers grew from Rwf10.7billon ($11million) on March 15, when the lockdown began, to Rwf24billion ($25.6million) a ...
Regulatory
UGANDA: Bill to regulate mobile money transactions gets committee’s nod
The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda ...
Uganda
Ugandan fintech startup Eversend raises $706k in target-beating crowdfunding campaign
Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured EUR634,000 (US$706,000) in investment through a Seedrs ...
South Africa
South Africa Insurtech startup Inclusivity Solutions Raises $1.3m Funding
South African insurtech startup Inclusivity Solutions has raised US$1.3 million in the second tranche of its Series A funding round to help it ...
Nigeria
Telecommunications facilities now National Critical Infrastructure – ICT Minister
The Minister of ICT Pantami, in a statement, Tuesday said, the Nigerian telecommunications industry depends on a number of infrastructure that plays a ...
Africa
African ICT Foundation calls for partnership on Artificial Intelligence
The African ICT Foundation has called on institution, organization, startups and individuals who have expertise in the creation of intelligent drones, intelligent robots ...
Nigeria
ICT lifts Nigeria’s GDP by 14.07% in Q1 – NBS
Nigeria’s ICT sector has continued to impact tremendously on the Nations Gross Domestic Product (GDP) with a remarkable 14.07% contribution in the first quarter of ...
South Africa
How Lockdown has Highlighted the Benefits of Remote Banking in South Africa
The advantages of digital transacting over other modes of banking have been highlighted by the lockdown. Although remote banking has been gaining ground ...
Nigeria
Petroleum Regulatory Agency set to reduce petrol price across Nigeria
The Petroleum Products Pricing Regulatory Agency, PPPRA, has announced a new pump price band of N121.50 to N123.50 per litre for Premium Motor ...
Nigeria
Fintech start-up, Kiakia, launches P2P lending investment mobile app
KiaKia, one of Nigeria’s leading lending fintech companies, has launched the first lending investment mobile app in the country. The Android-based mobile app ...