Mansa Launches Trade-Finance and Cross-Border Payments to Close the African Funding Gap

Posted on by kara | 3588 Views | 7 min read
Mansa

Mansa, a pioneering fintech firm providing liquidity for multinational exports and cross-border payments in emerging markets, today announced the launch of its first liquidity pool on Base. This marks a significant milestone in Mansa’s mission to democratise access to finance for businesses across Africa. Base is a secure, cost-effective Ethereum-equivalent Layer 2 blockchain developed by

African Development Bank Reaffirms Support for Liberia Under New Government

Posted on by kara | 21803 Views | 9 min read
African Development Bank

African Development Bank Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he engaged in high-level discussions with key stakeholders, including President Joseph Nyuma Boakai. Representing Liberia, The Gambia, Ghana, Sudan, and Sierra Leone at the Bank, Darkortey also met with Vice President Jeremiah Kpan Koung, Speaker of Parliament Jonathan

Africa Finance Corporation (AFC) Further Diversifies Shareholders With New Equity From Democratic Republic of Congo’s (DRC’s) Rawbank

Posted on by kara | 11230 Views | 12 min read
Africa Finance

Africa Finance Corporation (AFC), the continent’s foremost infrastructure solutions provider, has announced a new equity investment from Rawbank, one of the leading banking and financial institutions in the Democratic Republic of Congo (DRC). This equity infusion aligns with AFC’s strategy to mobilise African capital and diversify its capital base, reinforcing the Corporation’s mission to deliver

Mukuru Efforts to Drive Financial Inclusion Are a Vital Step in Journey to Gender Parity

Posted on by kara | 5866 Views | 21 min read
Mukuru

Women’s Month is a time to pay tribute to women in all sectors of society. It’s an opportunity to honour the incredible achievements of women and a time to focus on, and redouble, efforts at promoting the upliftment of women. While efforts to ensure that equal rights, equal access and equal opportunities for women, span

Common Monetary Area Countries Move to Regularise Electronic Funds Transfer Payments

Posted on by kara | 4035 Views | 12 min read

As of 30 September 2024, low-value electronic funds transfers (EFTs), debit and credit payments made between Common Monetary Area (CMA) countries, namely Eswatini, Lesotho, Namibia and South Africa, will be treated as cross-border transactions and subject to greater due diligence requirements. Previously, these low-value retail payments were treated as domestic payments, with the four CMA

Flutterwave Gains Ground in Ghana With Enhanced Payment Service Provider License

Posted on by kara | 8278 Views | 8 min read

Flutterwave, a leading payments technology company, has recently been granted a Payment Service Provider license (Enhanced Category) by the Bank of Ghana. The milestone marks a significant expansion of Flutterwave’s operations in Africa, enabling the company to offer a comprehensive suite of payment services directly within, and through Ghana. Ghana presents an exciting market for

Egyptian Fintech Dopay Raises $13.5 Million in Series a Extension Round

Posted on by kara | 7641 Views | 6 min read
Fintech

Dopay, a fintech platform focused on providing digital payroll and payment solutions to the unbanked and underbanked workforce in emerging markets, has successfully raised $13.5 million in a Series A extension round. The fresh capital, led by Argentem Creek Partners and with participation from existing investors, will fuel Dopay’s expansion in its home market, Egypt,

The Association of Fintechs in Kenya Partners With Africa Fintech Summit 2024

Posted on by kara | 9908 Views | 10 min read

The Association of Fintechs in Kenya (AFIK) is pleased to announce its strategic partnership with the Africa Fintech Summit (AFTS) 2024. This partnership aims to advance fintech innovation, foster growth, and create new opportunities for key players across Africa’s financial technology landscape. AFTS 2024, a premier event bringing together issues, entrepreneurs, and opportunities revolutionising finance

PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista

Posted on by kara | 12204 Views | 11 min read

PalmPay, a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion. The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology.

Ericsson and MTN Uganda Boost Financial Literacy for Women Entrepreneurs

Posted on by kara | 10183 Views | 12 min read

Ericsson and MTN provided free financial training to small- and medium-scale women entrepreneurs in Kampala, Uganda. The collaboration aimed to drive financial and gender inclusion and empower African women to reach their full potential. To celebrate International Women’s Day, the two companies launched a three-week training program for local female traders at one of the