Visa Forms New Egypt, Libya & Sudan Sub-Region to Accelerate Digital Payments Growth

Vi

Visa, a global leader in digital payments, has announced the creation of a new sub-region comprising Egypt, Libya, and Sudan as part of its strategic growth plans across North Africa. The move reflects the company’s continued commitment to supporting national government priorities around digital transformation, while deepening engagement with financial institutions, fintech innovators, and merchant

Bosta and Mastercard Announced Collaboration to Support SMEs and E-Commerce Growth in Egypt

Bosta

Bosta, a key enabler of e-commerce in Egypt, has announced a strategic collaboration with Mastercard aimed at supporting small and medium-sized enterprises (SMEs) through integrated solutions designed to accelerate e-commerce growth in line with evolving market needs. The partnership reflects the increasing importance of logistics and payment infrastructure in shaping a more efficient digital economy,

DisrupTech Ventures Invests in Morocco’s Chari to Expand Fintech Inclusion Across Africa

Disrup

DisrupTech Ventures, a leading early-stage fintech venture capital fund, has announced its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s fragmented retail sector into a nationwide fintech and commerce network. The investment marks DisrupTech’s first entry into the Moroccan market and its second investment in Africa outside of Egypt, reinforcing the fund’s

IFC Partners with Suez Canal Bank to Strengthen Egypt’s Financial Sector for SME Growth

IFC

IFC today announced a comprehensive financing package for Suez Canal Bank (SCB) designed to strengthen the bank’s capacity to expand lending to micro, small, and medium-sized enterprises (MSMEs) across Egypt. This strategic partnership aims not only to support business growth but also to create thousands of new jobs, promote economic stability, and help narrow the

SPAYZ.io to Roll Out Payment Solutions in Key African Markets

Spay

SPAYZ.io, a leading provider of innovative payment solutions, has announced its strategic expansion into three new African markets – South Africa, Egypt, and Cameroon. This marks another major step in the fintech company’s mission to transform digital commerce across Africa’s emerging economies by delivering tailored, localised payment solutions that address unique market needs. Over the

Bank of Algeria Joins PAPSS Ahead of IATF 2025

Bank of Algeria

Bank of Algeria has officially joined the Pan-African Payment and Settlement System (PAPSS), marking a major milestone in Africa’s journey toward seamless financial integration. PAPSS, an initiative launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, is designed to facilitate

Cross Switch Launches New Identity to Power Payments Across Emerging Markets

This article was originally published on the Cross Switch website here. Cross Switch, a global payment orchestration platform built for the unique needs of emerging markets, has unveiled a refreshed brand and newly redesigned website that reflect its continued growth and expanding presence across Africa and other high-growth regions. This announcement builds on recent momentum,

Mastercard and enza Collaborate to Enable Fintech Innovation Across Africa

Mastercard

Mastercard and enza, a payment solutions company, have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report by the European Investment Bank, the number

EGBANK and Mastercard Collaborate to Expand Digital Payments and Premium Offerings

EGBANK

EGBANK has joined forces with Mastercard to drive financial accessibility, expand digital payment adoption and introduce affluent new segments to the bank’s card portfolio. The collaboration aims to strengthen EGBANK’s strategy and reinforce its commitment to delivering a convenient, seamless and secure payment experience. Mastercard will support EGBANK in developing its portfolio of debit, credit,

Jumia Launches Buy Now, Pay Later in Algeria, Partnership with Diar Dzair

Jumia

Jumia, Africa’s leading e-commerce platform, has teamed up with Algerian finance provider Diar Dzair to roll out Buy Now, Pay Later (BNPL) services for customers across Algeria. This strategic collaboration is designed to make online shopping even more accessible, offering shoppers the flexibility to split their payments while encouraging greater use of digital financial services.