United Capital Expands into East Africa, Secures Licence to Operate in Rwanda and Ethiopia

Posted on by kara | 1340 Views | 17 min read
United Capital

United Capital, a leading pan-African investment banking and financial services group, has achieved a major milestone in its continental expansion strategy with the successful acquisition of investment banking licences in Ethiopia and Rwanda. With these approvals, United Capital becomes the first foreign institution licensed to provide investment banking services in Ethiopia, covering financial advisory services,

NIFC Certifies New Wave of Strategic Firms as Kenya Accelerates Its Rise as Africa’s Premier Financial Gateway

Posted on by kara | 1900 Views | 20 min read
NIFC

NIFC (Nairobi International Financial Centre) continues to strengthen Kenya’s position as Africa’s leading destination for global capital by certifying a new cohort of firms spanning digital finance, climate and carbon markets, artificial intelligence, investment management, healthcare, fintech and capital markets innovation. The latest certifications add to the NIFC’s rapidly expanding and increasingly diverse portfolio of

Absa Bank Kenya and Unilever Roll Out KES 4 billion SME Financing Programme to Boost Supply Chains and Inclusive Economic Growth

Posted on by kara | 3231 Views | 11 min read
AB

Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one of the most significant constraints facing distributors and retailers. The initiative is expected to strengthen Kenya’s consumer goods value chain while accelerating the growth of small and medium-sized enterprises (SMEs)

Yuno Partners with Onafriq to Unlock Pan-African Payments for Global Merchants

Posted on by kara | 8434 Views | 13 min read
Yuno

 Yuno, the global financial infrastructure platform, today announced a strategic partnership with Onafriq, the leading Pan-African payments network, to bring Africa’s most expansive payments infrastructure to merchants worldwide. Through this integration, Yuno’s clients gain instant access to Onafriq’s network spanning 43 African markets, nearly 1 billion mobile wallets, 500 million bank accounts, and 2,000 cross-border payment corridors — all through

Vodacom M-Pesa and PayPal Empower Tanzanians with Expanded Access to Global Digital Payments

Posted on by kara | 2982 Views | 10 min read
Vodacom

New integration enables customers to seamlessly link accounts and transfer funds between PayPal and M‑Pesa wallets through the M‑Pesa Super App Vodacom M‑Pesa Tanzania has announced a new partnership with PayPal that will enable customers in Tanzania to seamlessly transfer funds between their PayPal and M‑Pesa wallets through the M‑Pesa Super App; As part of

Temenos and Interswitch Partner to Scale Digital Banking Services Across Africa

Posted on by kara | 9995 Views | 9 min read
Temeno

Temenos, a global leader in banking technology, and Interswitch Group, a leading integrated payments and digital commerce company in Africa, today announced a collaboration, wherein Interswitch will adopt Temenos technology to enhance its digital banking capabilities, supporting its growth and expanding access to modern financial services across the continent. Interswitch will use Temenos solutions –

Africa’s Payments Paradox: Why Complexity is the Market’s Greatest Advantage

Posted on by kara | 6195 Views | 29 min read
African payments infrastructure and cross-border payment ecosystems

By Tim Davis, CEO, Cross Switch They are the kind of top-line statistics that would make any would-be payments provider excited about Africa, with a total continental population of roughly 1.6 billion people (around one-fifth of the world’s population). Mobile penetration levels vary geographically but can be reliably estimated at roughly 45–50%. And finally, a

Cross Switch Strengthens Senior Leadership Across The Board as Pan-African Expansion Accelerates

Posted on by kara | 6432 Views | 15 min read
Cross Switch

Cross Switch, the payment technology company driving digital transactions across emerging markets, has appointed four senior leaders since the turn of the year. Together, these arrivals deepen the company’s capabilities across technology, operations and regional growth. The appointments span the executive team and two key regional markets. Jacob Yermalitski, a co-founder, has been promoted to

UBX Tanzania Deepens Partnership with ACI Worldwide to Power the Next Phase of the Nation’s Digital Economy

Posted on by kara | 3290 Views | 8 min read
UBX

UBX Tanzania Limited has extended its long-standing partnership with ACI Worldwide, marking a significant milestone in a relationship that spans nearly two decades and focuses on strengthening infrastructure resilience, enhancing scalability, and enabling innovation to support Tanzania’s rapidly evolving digital economy. UBX currently powers the core payments infrastructure for 18 banks in Tanzania, supporting a

AfCFTA Secretariat and Ecobank Group Sign Landmark MoU to Accelerate Intra-African Trade and Empower SMEs

Posted on by kara | 4504 Views | 14 min read
AfCFTA

AfCFTA (The African Continental Free Trade Area) Secretariat and Ecobank Group today announced the signing of a Memorandum of Understanding (MoU) aimed at deepening economic integration across the continent and closing the trade finance gap. The Agreement seeks to expand access to trade and finance opportunities for African businesses, with particular focus on Small and