Nedbank and Mastercard Sign 10-Year Deal to Transform Digital Payments in Southern Africa

Posted on by kara | 7578 Views | 9 min read
Nedban

Nedbank and Mastercard announced a landmark 10-year commercial agreement that expands their long-standing collaboration across Southern African. The agreement spans South Africa, Zimbabwe, Namibia, Eswatini, Lesotho and Mozambique, and will bring enhanced digital payment experiences to customers and businesses across the region. Under the agreement, the bank will leverage Mastercard’s global technology expertise and payments

Mambu Celebrates 15 Years of Powering Next Gen Banking

Posted on by kara | 7566 Views | 9 min read
Mamb

Mambu, the leading SaaS cloud banking platform, celebrates its 15th anniversary, celebrating a decade and a half of helping financial institutions launch and scale modern banking services around the world. Founded in 2010 by three university students, Mambu began with a simple idea. After a field trip to Mozambique exposed the limits of traditional banking

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Posted on by kara | 9427 Views | 7 min read
Pesalink

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This

Emirates Expands Payment Flexibility in Kenya Through Cellulant’s Split-Payment Solution

Posted on by kara | 13571 Views | 12 min read
Emirates

Emirates, the world’s largest international airline, has introduced a first-of-its-kind split-payment solution for travellers in Kenya, through a longstanding strategic partnership with Cellulant, Africa’s leading payments technology company. The split-payment capability, enabled by Tingg, Cellulant’s payment gateway, has debuted in Kenya and is expected to roll out to other African markets in the coming months.

Kenya’s Digital Payments Evolution and Mobile-Led Transformation Are Showing the Way

Posted on by kara | 17137 Views | 26 min read
Keny

In an earlier article, “Kenya’s Payments Evolution: What Banks and Fintechs Can Learn from M‑Pesa and Mobile Operators,” we explored how Kenya, often referred to as the “Silicon Savannah,” was emerging as a global leader in mobile-money innovation and digital financial inclusion. One of the key takeaways was that banks had an awful lot of

Ethiopia Central Bank Moves to Align Import Pricing With Customs Benchmarks

Posted on by kara | 12220 Views | 16 min read
Eth

Ethiopia’s National Bank of Ethiopia (NBE) has announced a new regulatory measure requiring commercial banks to apply indicative prices set by the Ethiopian Customs Commission when processing foreign exchange transactions related to selected imported goods. According to a statement issued by the central bank, the move is aimed at improving consistency, transparency, and data integrity

Stripe-Owned Nigerian Fintech, PayStack, Launches Holding Company, The Stack Group, as it Celebrates 10-Year Anniversary

Posted on by kara | 21355 Views | 15 min read
PAYS

Paystack, the payments company building technology for ambitious businesses across Africa, has announced the launch of The Stack Group (TSG), a new parent holding company that will bring together Paystack and a growing family of tech-focused brands under a single corporate umbrella. TSG has been established to aggregate and support a set of complementary businesses

KCB Group Plc Signs Agreement on Proposed Investment in Pesapal Limited

Posted on by kara | 11150 Views | 16 min read
KCB

KCB Group Plc today announced that it has entered into a definitive agreement to invest in Pesapal Limited (Pesapal), marking a significant milestone for the financial and digital payments landscape across Africa. The proposed investment is expected to accelerate commerce, expand financial inclusion, and help unlock new pathways to prosperity for businesses of all sizes

CRDB Bank Signs Three Landmark Partnerships to Advance Inclusive Finance and Sustainable Development across Africa

Posted on by kara | 9261 Views | 20 min read
CRDB

CRDB Bank has entered three landmark partnerships with leading development finance institutions, FinDev Canada, DEG (KfW Group, Germany), and Shelter Afrique Development Bank (ShafDB), marking a significant milestone in its transformation journey to advance inclusive and sustainable finance across Africa. The Memoranda of Understanding (MoUs) were signed during the CRDB Bank Investors and Partners Forum,

Stanbic East Africa Business Summit Opens in Kampala

Posted on by kara | 10865 Views | 15 min read
Stan

Over 400 business leaders, policymakers, investors, and regional integration experts have gathered in Kampala for the 3rd Stanbic East Africa Business Summit, a premier platform dedicated to unlocking East Africa’s full economic potential through trade, investment, and collaboration. Held under the theme “Connected & Resilient: Scaling East Africa’s Regional Advantage,” the two-day summit, hosted by