The COVID-19 pandemic threw the world into disarray, but in Africa, life continues: Farmers farm, merchants sell, people apply for capital to create jobs and improve livelihoods, and a heightened need for access to healthcare underpins it all. But on a continent with widespread inequality, where over half of the population is still excluded from
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
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
aYo, a provider of micro hospital and life insurance cover for underserved communities in Africa, has slashed claims processing time and costs thanks to claims automation built on Hyland’s Alfresco Process Automation platform. Hyland is a leading content services provider that enables thousands of organisations to deliver better experiences to their customers. aYo already has
Centenary Bank, Uganda’s leading commercial microfinance bank has unveiled the new Mastercard Platinum Debit Card targeting all customers who want to enjoy a smart convenience lifestyle, especially its those in the high net worth category who shop online and travel frequently. While addressing the media, Centenary Bank’s Managing Director Mr. Fabian Kasi revealed that the
It’s a major concern for banking customers worldwide in this time of a global pandemic – how can they access their daily banking needs without touching surfaces such as ATMs? CR2 (www.CR2.com) enables you to respond to these concerns and allow your banking customers to withdraw cash without physically touching the ATM, by simply
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave Standard Bank, Africa’s largest bank by assets, has partnered with Flutterwave, Africa’s leading payments technology company, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. Flutterwave and Standard Bank
IPT Africa launched at the recent Africa Fintech Festival (AFF) as it seeks to position itself as the platform for Frictionless African Payments. IPT Africa launched at the recent Africa Fintech festival as it seeks to position itself as the platform for Frictionless African payments, delivering a continent -wide, multi-channel payment platform tailored to the
81% of women entrepreneurs across the Middle East and Africa have a digital business presence according to Mastercard MEA SME Confidence Index Latest research by Mastercard highlights high digitalization among women-owned businesses as opportunity for broader SME recovery and digital economy growth Despite the gender gap and social challenges, entrepreneurial women across the world and
Irish FinTech, Pipit Global Partners with Pan-African Fintech Cellulant to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana According to reports by the BBC, about 8 million Africans live abroad. That number is projected
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