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Eastern Africa

Visa and Uber to Offer a Seamless Payment Experience in a Multi-Year African Partnership

Uber and Visa have announced a strategic agreement that aims to grow digital commerce across Africa, with the first launch in Nigeria last month the new promotion will now be Read More →

M2M, Key to Unlocking Economic Inclusivity and Innovation in Africa

As more financial service providers adopt machine-to-machine (M2M) solutions, it is becoming ever more apparent that these solutions are vital to economic inclusivity and innovation on the African continent. This Read More →

CBK Grants Authority to Société Générale of France to Open Representative Office in Kenya.

The Central Bank of Kenya (CBK) announces the granting of authority to Société Générale (SG) of France to open a Representative Office in Kenya. The authority was granted pursuant to Read More →

SWIFT’s Messaging Traffic Grows by 20.1% in East Africa

Data from SWIFT shows that FIN traffic growth in East Africa has outperformed the total growth of SWIFT globally. In the year to date, total message traffic volumes grew by Read More →

Central Bank of Kenya Issues Guidance Note on Cybersecurity

The leveraging on technology by banks exposes them to increased cyber risks. In this regard, the Central Bank of Kenya (CBK) has issued a Guidance Note on Cybersecurity that outlines Read More →

UnionPay International Collaborates with the Largest Commercial Bank in Kenya to Enhance Payment Innovation

UnionPay International announced that it has deepened its cooperation with Kenya Commercial Bank (KCB), the largest bank in Kenya. First, the two will jointly issue the first UnionPay card with Read More →

TerraPay Launches International Mobile Money Transfers to Uganda

TerraPay, the world’s first mobile payments switch, announced that it has successfully obtained an approval from Bank of Uganda to facilitate International money transfers to mobile wallets in the country. Read More →

UBA Introduces First Mastercard Debit Card in Mozambique

United Bank for Africa Mozambique (UBA) announced the launch of the first Mastercard debit card in Mozambique to financially empower its citizens. Focused on displacing cash, the electronic payment solution Read More →

mHITs Australia Launches a New Way to Send Money to Zimbabwe Using Mobile Money

mHITs (pronounced Em-HITS), the leading Australian FinTech mobile remittance pioneer, has announced a new and very affordable way to transfer money from Australia to Zimbabwe using mobile money.  The Australian mHITs Read More →

Commercial Bank of Ethiopia Expands ATM Network to Improve Channel Management

NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of Read More →

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