Africa
LoftyInc Capital Secures $43M to Propel Growth of African Startups Beyond Early-Stage Funding
LoftyInc Capital, a leading early-stage investor in Africa, has successfully raised $43 million in the first close of its third fund, LoftyInc Alpha. ...
Fintech
Bank of Israel Reveals Potential Digital Shekel Design for Public Consultation
The Bank of Israel has unveiled a high-level design for a potential digital shekel (DS) and is inviting public feedback on its proposed ...
Fintech
Namibia Evaluates CBDC for Cross-Border Payments and Financial Inclusion
Namibia is actively exploring the potential introduction of a central bank digital currency (CBDC) to enhance cross-border payments and expand financial inclusion. The ...
Fintech
Nigeria to Roll Out Treasury Management & Revenue Assurance System (TMRAS) for Enhanced Revenue Collection
The Federal Government of Nigeria (FGN) is set to launch the Treasury Management & Revenue Assurance System (TMRAS), a new digital platform aimed ...
Fintech
Nigeria: Moniepoint Partners with Afrigopay to Expand Contactless Payments and Distribute 5 Million AfriGO Cards
Moniepoint Inc., a leading Nigerian fintech company, has partnered with Afrigopay Financial Services Limited (AFSL) to introduce tap-to-pay solutions and distribute 5 million ...
Fintech
Global: Mastercard Expands Middle East Presence Through Strategic Partnerships
Mastercard is strengthening its foothold in the Middle East through strategic collaborations with Emirates NBD, a leading financial institution in the MENAT (Middle ...
Fintech
Global: Visa Reports Surge in Tap to Phone Adoption
Visa’s Tap to Phone technology, which transforms smartphones into contactless payment terminals, has recorded a significant 200% increase in global usage over the ...
Fintech
Global: SEC Reverses Course on Crypto Enforcement, Signals Regulatory Shift
The U.S. Securities and Exchange Commission (SEC) has taken an unexpected step back in its aggressive enforcement actions against cryptocurrency firms, marking what ...
Africa
Ghana and Rwanda Strengthen Fintech Collaboration with Licence Passporting and Cross-Border Payments
The Bank of Ghana and the National Bank of Rwanda have formalized a strategic partnership aimed at advancing fintech integration through licence passporting ...
Fintech
Ghana Set to Launch e-Cedi in 2025, Aiming for Financial Inclusion and Digital Payment Efficiency
After years of development and delays, Ghana is finally preparing to roll out its central bank digital currency (CBDC), the e-Cedi, in 2025. ...
