Kenya
Value of agency banking in Kenya jumped up by 18.75% marking Sh900bn increase
The value of agency banking transactions jumped by 18.75 percent to Sh5.7 trillion in the year ended June 2020, new Central Bank of ...
Ghana
GHANA- expressPay Introduces Smart POS Devices
Leading financial technology company, expressPay, has introduced into the Ghanaian market, a smart Point of Sale (POS) device to enhance merchant payments. expressPay ...
Africa
Unpacking Africa’s Mobile Cybercrime Challenge
In mid-2020, Upstream’s Secure-D anti-fraud platform revealed that the total number of malicious mobile applications doubled in the first quarter of the year. The analysis ...
South Africa
SA fintech breaks the $2.5-billion disbursement mark in Africa and Asia
South African founded fintech startup, JUMO has dispersed over $2.5-billion in credit across six markets in Africa and Asia. In an official press release, Andrew ...
Kenya
O-CITY Drives Contactless Bus Payment Initiative in Kenya
O-CITY is driving contactless payments across bus services in Nairobi, Kenya. The pilot initiatve, designed to reduce the use of cash in response ...
Intelligence
Nigeria needs to spend $3 trillion in over 30 years to bridge infrastructural gap – Moody’s Report
Moody’s has revealed that Nigeria needs to spend about $3 trillion in over 30 years to bridge the infrastructural gap experienced in the ...
South Africa
50 large companies in South Africa commit to paying SMEs faster
In excess of 50 large companies in South Africa have formally committed to paying their small and medium sized businesses (SMEs) suppliers within ...
Nigeria
CBN, NDIC to set up bridge bank for struggling financial institutions
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have been empowered to set up a Banking Sector Resolution ...
Nigeria
Customers’ deposits with fintech firms to be insured – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) is fine-tuning its current regulatory framework towards protecting depositors from dangers that could arise from several emerging ...
Africa
8 African e-commerce startups selected for Facebook Accelerator
Eight African e-commerce startups have been invited to apply for a Facebook-run accelerator that will offer them access to mentorship and training as ...
