AfricaNenda CEO Calls for Instant Payment Infrastructure to Support Africa’s Industrial Transformation

Posted on by kara | 3163 Views | 5 min read
AfricaNenda

AfricaNenda Foundation Chief Executive Officer Dr Robert Ochola has called for the development of interoperable instant payment systems across the continent as a critical foundation for accelerating industrial transformation and strengthening intra-African trade. Speaking at the Ministerial Policy Dialogue on “Financing Africa’s Industrial Transformation in a Changing Global Environment” held in Abidjan, Côte d’Ivoire, Dr.

Guinea Unveils Instant Payment System

Posted on by kara | 7313 Views | 9 min read
Guinea

Guinea has launched NimbaPay, its national instant payment system, marking a step towards a more connected, inclusive and digitally enabled economy. According to the government, the initiative was developed by the Central Bank of the Republic of Guinea (BCRG) and implemented by Guinéenne de Monétique, enabling instant, secure and interoperable payments between participating financial institutions,

Lumepay Launches Institutional-Grade Cross-Border Payment Solutions for African Businesses

Posted on by kara | 5732 Views | 16 min read
Lumepay

Lumepay has officially brought its cross-border payment solutions to market, purpose-built for African SMEs, corporates, and financial institutions doing business and transacting globally. It arrives with a clear goal: to deliver end-to-end cross-border payment solutions powered by stable infrastructure, dependable rails, and deep, reliable liquidity – the foundation African businesses need to grow and connect

Financial Mail: Why the SARB is losing patience with South Africa’s banks

Posted on by kara | 7286 Views | 3 min read
SARB

Original article published by Financial Mail here: Author Tim Cohen The South African Reserve Bank (SARB) is considering making participation in the PayShap instant payment system mandatory for banks as part of its broader effort to accelerate digital payments and reduce the country’s reliance on cash. While PayShap has been available for more than three

Al Baraka Bank Egypt Opens Its Second Electronic Branch in Smouha, Aexandria

Posted on by kara | 4814 Views | 11 min read
Al Barak

Al Baraka Bank Egypt has announced the opening of its second electronic branch in the Smouha district of Alexandria Governorate, marking another step in the accelerated implementation of its digital transformation strategy and the expansion of its geographical presence beyond Greater Cairo. During this time, the bank continues its commitment to providing banking services that

enza Awarded Payment Service Provider (PSP) Enhanced Licence in Ghana

Posted on by kara | 7923 Views | 7 min read
enza

enza is delighted to announce that it has been awarded a Payment Service Provider Enhanced licence by the Central Bank of Ghana. The award of the PSP Enhanced licence marks an important milestone for enza, Ghana’s financial services sector, and the continued development of regulated digital payments infrastructure across Africa. The Bank of Ghana’s licensing and

Float, SA Fintech, Exports Card-Linked Instalment Innovation to the UK

Posted on by kara | 5096 Views | 10 min read
Float

Float, the card-linked instalment platform founded in South Africa, has expanded into the United Kingdom. The launch has been supported by the UK Government’s Global Entrepreneur Programme, which brings high-growth international businesses into the UK market. The South African fintech lets shoppers split any purchase into up to 24 interest- and fee-free monthly instalments, using

Kora Joins International Air Transport Association’s (IATA) Payment Network to Power Airline Payments Across Africa

Posted on by kara | 7476 Views | 8 min read
Kora

Kora, the payment infrastructure platform, has joined the International Air Transport Association’s IATA Financial Gateway (IFG), connecting global airlines to Africa’s payment ecosystem through a single, reliable infrastructure layer. IATA Financial Gateway is the airline industry’s dedicated payment orchestration and management platform. IFG brings together global, regional and local payment partners to provide airlines with

UBA UK Strengthens Ties Across Francophone West Africa

Posted on by kara | 7174 Views | 16 min read
UBA UK

UBA UK’s business development team recently completed a strategic visit across five Francophone African markets: Côte d’Ivoire, Senegal, Burkina Faso, Benin and Cameroon. The trip forms part of a broader, continent-wide effort to deepen relationships with the banks, institutions and corporates that connect African economies to global trade and capital flows. For UBA UK, Francophone

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

Posted on by kara | 3897 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,