Ugandan E-Commerce Platforms Power Recovery from COVID-19 Crisis

Partnerships with development agencies and government efforts to boost the digital economy are helping soften the economic blow of the pandemic David Akanshumbusha sells groceries at a stall in Nakawa market Read More →

United Bank for Africa Group Announces Global Management Appointments

The new CEOs will drive the Group’s strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone respectively United Bank for Africa Plc (UBA) (, the leading pan-African financial Read More →

MFS Africa Acquires Beyonic, Bringing Cross-Border Digital Payments to SMEs Throughout Africa and Beyond

Leading pan-African fintech’s historic tie-up with Beyonic will open up intra-Africa and global payment possibilities to SMEs, fintechs, and social impact organisations across the continent and around the Read More →

UnionPay International and eLipa Expand Online Payment Services to Support Consumers and Merchants

UnionPay International (UPI), the card scheme with the world’s largest cardholder base, has responded to the global fight against COVID-19 by working with its partners to increase consumer access to Read More →

Mastercard Champions Safe and Secure Payment Transactions in Middle East & Africa with Increase to Contactless Payment Limits

This initiative comes as global and regional health officials and governments recommend social distancing and encourage the use of contactless payments over cash transactions

Mastercard announced today that it Read More →

Mastercard Research Finds Pay on Demand Solutions Are Driving a New Wave of Digital and Financial Inclusion Across Africa Through Connectivity

Mastercard has released a white paper revealing that giving people the ability to pay only for what they use, as they need it, can lift millions of people across Africa Read More →

JUMO Secures US$55 Million from New and Existing Investors

JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, has announced the successful raise of US$55 million in debt and equity funding.  This will support JUMO’s expansion Read More →

MTN Launches Mobile Money API Hackathon

In pursuit of its goal to contribute to bridging the financial divide, MTN Group has granted third parties access to its Mobile Money (MoMo) Access Programming Interface (API) platform. The open Read More →

Cellulant Unveils Tingg, Africa’s First Payments Super App in 8 Countries

Cellulant, Africa’s leading financial technology company has announced the launch of Tingg, an all-in-one, multi-functional consumer super app that will include a wide array of payment, commerce and financial services Read More →

Orient Bank Uganda Limited Partners UnionPay for Card Acquiring Business

Orient Bank Uganda Limited and UnionPay International have announced recently that UnionPay Cards are now accepted at all ATMs and POS terminals of Orient Bank in Uganda. Orient Bank is Read More →

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