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
Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital to protect Africa’s biodiversity. Moody’s awarded the transaction its highest possible sustainability quality score, SQS1 Excellent. The bond will support African farmers, sustainable agriculture businesses and water systems, protecting
Interswitch has unveiled its tailored Digital Forecourt suite, an integrated digital retail ecosystem designed to seamlessly connect payments, operations, and customer experiences within modern fuel retail environments. The unveiling took place at the NNPC Retail Business Transformation Summit held this May at the Petroleum Technology Development Fund (PTDF), Abuja, where Interswitch participated as Headline Technology
By Tim Davis, CEO, Cross Switch They are the kind of top-line statistics that would make any would-be payments provider excited about Africa, with a total continental population of roughly 1.6 billion people (around one-fifth of the world’s population). Mobile penetration levels vary geographically but can be reliably estimated at roughly 45–50%. And finally, a
Yuno, the global financial infrastructure platform, today announced a strategic partnership with Flutterwave Inc, Africa’s leading payment technology company, to streamline payments for businesses expanding into Africa. Through a single API integration, Yuno merchants can now activate Flutterwave’s comprehensive local payment methods, including cards, mobile money, and bank transfers across key African markets instantly, eliminating
For many African financial institutions, card management is still treated as a back-office issuing function: produce cards, manage BINs, process transactions, and handle settlement. That view is becoming outdated. In today’s market, modern card management is no longer only about debit, credit or prepaid cards. It is becoming the foundation layer for digital-first experiences such
Andoh Obed Mensah, the newly appointed Country Manager of the African Development Bank Group for Sierra Leone, presented his Letters of Credence to the Deputy Minister of Foreign Affairs and International Cooperation, Francess Piagie Alghali, at a ceremony held on 22 March in Freetown. Welcoming the new Country Manager, Deputy Minister Alghali underscored the strong,
PAPSS – the Pan-African Payment and Settlement System is a centralised Financial Market Infrastructure that enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. The organisation collaborates with African central banks to offer payment and settlement solutions that commercial banks and licensed payment service
Absa Group and Thunes have announced the launch of Absa Global Pay, a digital remittance solution enabling Absa customers to send money internationally via the Absa Banking App or Absa Online platform. According to the official press release, the service launched on 3 March 2026, with an initial release covering six countries, including the UK,
Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering in Africa, bringing scalable, cloud-native infrastructure to
