Leading African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations, and Daisy Shipwoni as Head of Marketing. In her new role, Isabella will be responsible for leading the core operational functions of DPO Pay, overseeing Customer Service, Fraud Prevention, Risk and Systems. Daisy will be responsible
Having recently attended the 10th Annual Southern African Postal Operators Association (SAPOA) Conference in Mauritius, Traderoot Africa CEO Louis Volschenk shares some insight into how national postal service operators in the region can utilise fintech to improve their services, offer new value-added service, and increase their revenues. In this blog post, Louis will explore how
While cash and mobile money remain the dominant payment methods in Africa, they come with significant challenges. Cash is inefficient, insecure, and expensive, while mobile money services often lack the necessary regulatory support to operate independently. However, key emerging trends in the sector are helping to drive meaningful financial inclusion across the continent, notes Mark
The GSMA’s State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected, with registered accounts, transaction values and deployments exceeding industry predictions. Mobile money services are growing faster than predicted around the globe, as digital services continue to rise in popularity, according to the GSMA’s annual ‘State
The Bank of Namibia (BoN), in its ongoing pursuit of digital transformation for the central bank and modernisation of the financial sector to achieve higher levels of financial inclusion, has concluded a visit to the Central Bank of Kenya (CBK). The visit aimed to enhance the Bank’s capacity to effectively manage financial risks emanating from
The payments market in Africa is experiencing rapid growth, mainly due to advancements in peer-to-peer (P2P) and consumer-to-business (C2B) payment solutions Cellulant (https://www.Cellulant.io), a leading payments technology company, aims to change how businesses in Africa make and receive payments by introducing online and offline payment solutions. The payments market in Africa is experiencing rapid growth,
Visa Foundation expects to commit more than $5 million to expand equitable access for women in Africa Today Visa Foundation announced that it expects to contribute $5 million in grants and impact investments in Africa that will support women’s participation in the digital economy. The Foundation investments were made in connection with United States Vice
With momentum building, EthSwitch joins hundreds of organizations that are already using Mastercard Send™ to speed up and improve fund transfers for billions of people in 100+ markets. EthSwitch will leverage Mastercard’s global network and digital payments capabilities to allow fast and secure transfer of funds. EthSwitch, Ethiopia’s national payment switch has signed a Memorandum
Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to “…reassess traditional product, service, and industry boundaries to create new sources of value.” The company has suggested that this could include exploring
First Bank of Nigeria Limited, Nigeria’s premier financial services institution, has announced a phased corporate name change of its subsidiaries in the United Kingdom and Sub-Saharan Africa. FBNBank UK, FBNBank Sierra Leone, FBNBank Gambia and FBNBank DRC are the first set of subsidiaries effecting the name alignment. They are now known and addressed as FirstBank
