Equity Group Acquires 91.93% of Cogebanque in Rwanda

Equity Group Holdings Plc enters into a binding term sheet with the Government of Rwanda, Rwanda Social Security Board, and other investors to acquire 91.93% of the issued share capital of Compagnie Générale de Banque (Cogebanque) PLC Ltd. Cogebanque is a public limited company licensed by the central bank of Rwanda (BNR) to provide banking

dLocal Granted Payment Service Licenses for Kenya and Rwanda

dLocal’s ability to directly process local payments will enable international merchants to accept payments, regardless of the platform, benefiting buyers and sellers dLocal Limited (NASDAQ: DLO, “dLocal”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, today announced the Central Bank of Kenya and the National Bank

Four Ecobank Affiliates Named Best Trade Finance Provider by Global Finance Magazine

Ecobank Burkina Faso, Ecobank Côte d’Ivoire, Ecobank Ghana and Ecobank Rwanda all scoop awards Lomé, 20 March 2023 – Four affiliates of the leading pan-African banking Group, Ecobank Group, have won the coveted ‘Best Trade Finance Provider 2023’ Award in their respective countries. The affiliates, specifically Ecobank Burkina Faso, Côte d’Ivoire, Ghana and Rwanda received this

Ukheshe Takes a Fresh, Dynamic Approach to its African Growth

The adage ‘jack of all trades, master of none’ is apt for enterprises considering expansion into new African markets. Anthony Karingi, Vice President of Business Development – East Africa at leading fintech enablement partner Ukheshe, says the company is taking a collaborative approach to its regional expansion strategy – and is already reaping the benefits.

Leaf Wallet App Rebranded to BOSS Money as Part of Expansion Across Africa

BOSS Money Customers across Africa will be able to Receive Money Transfers Directly into their Boss Money Wallet from Family and Friends in the U.S.  IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that it is rebranding its Africa-based Leaf Wallet app to IDT’s flagship financial services brand,

Equity Group Returns to Growth

As the global economy continues to recover from the COVID-19 pandemic crisis, Equity Group has eased its defensive strategy that had been deployed during the economic uncertainty and returned to its growth strategy. The defensive strategy involved internally generated cash being retained, while forgoing dividend payouts for two consecutive years to build capital buffers. This

Cellulant has Partnered with NALA to Power Low-Cost Cross-Border Payments from the UK and USA into Africa

NALA provides an app for Africans living in the United Kingdom and the United States to send money to the continent seamlessly. NALA, a Tanzania based Fintech company, has teamed up with Cellulant (www.Cellulant.io), a Pan-African Payments Company, to power remittance payments from the United Kingdom and United States into Kenya, Uganda, Rwanda, Tanzania and

Visa, Bantu Collaborate to Foster Financial Inclusion in Africa, Other Economies

Visa, the world leader in digital payments, is collaborating with the Bantu Blockchain Foundation (Bantu), custodians of the Bantu Blockchain Network infrastructure, to connect its digital asset-linked Visa cards to the Bantu Network Token (XBN), a utility token developed by Bantu to facilitate fast and secure transactions on the Bantu blockchain. This integration is expected to directly

Rwanda’s Largest Bank Completes Core Modernization with Temenos

Bank of Kigali goes live on Temenos platform to power faster, smarter digital banking while scaling to one million retail and SME customers in Rwanda Temenos, the banking software company, has announced that Bank of Kigali Plc, Rwanda’s largest bank by assets and market share, has gone live on Temenos. Replacing its core banking system

Global Fintech Platform Thunes Partners with M-Pesa Tanzania to Enable Instant Money Transfers to Bank Accounts in Kenya and Rwanda

Thunes, a global leader in cross-border payments, announced the launch of a new service corridor for users of M-Pesa Tanzania, enabling Tanzanians to seamlessly move money from their M-Pesa mobile wallets directly to any bank account in Kenya and Rwanda. Thunes and M-Pesa Tanzania have been working together since 2018, with M-Pesa Tanzania using Thunes’ cross-border payments network to