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African Development Bank Group Approves $6.6 Million Grant to Strengthen Somalia’s Financial Architecture for Growth
African Development Bank Group has approved a $6.6 million grant to assist the Federal Government of Somalia (FGS) in enhancing state capacity to develop its financial infrastructure, promoting inclusive and
Discovery Bank Grows to One Million Clients Two Years Ahead of Plan
Discovery Bank, today, announced that is has reached the milestone of acquiring its first one million clients. This follows the Bank’s announcement earlier this year that it had over two
FCMB Nigeria Drives Growth and Loyalty Through Conversational Banking With Infobip
FCMB Client Background First City Monument Bank (FCMB) is a full-service banking institution headquartered in Lagos, Nigeria offering market-proven solutions that drive digital transformation in the banking sector. FCMB offers
Omnisient, the SA-Founded Fintech, Secures $7.5m Investment From Arise.
The South African fintech start-up, Omnisient, has received a $7.5 million investment from Arise, advancing financial inclusion in Africa. Founded in December 2019, Omnisient is a privacy-preserving data collaboration and
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Credit du Maroc and Mastercard Sign Strategic Partnership to Advance Digital Transformation in Morocco
Credit du Maroc and Mastercard have signed a strategic partnership agreement to bring new technologies to the market, contribute to advancing the bank’s digital transformation, and provide personalized solutions to
Top Eight Steps to Strengthening Sa’s Path to Overcome Greylisting – RelyComply
South Africa’s greylisting by the Financial Action Task Force (FATF) in early 2023 has created significant economic challenges. The development tarnishes the country’s reputation, causes delays and higher costs in
The role of financial services in achieving financial inclusion in Rwanda and beyond – Network International and I&M Bank (Rwanda) Plc
By Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing, Network International and Benjamin Mutimura, CEO, I&M Bank (Rwanda) Plc. The momentum of financial inclusion programmes
Purpose-Driven Banking: How Meaningful Financial Inclusion Can Unlock Sustainable Growth – Ecentric
By Rory Bosman, Executive for Sales & Marketing at Ecentric Tough economic conditions may well force financial institutions into a type of survival mode where the priority and focus is
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Interswitch Partners With Elie Technologies for Contactless Payments
Interswitch East Africa (Kenya) Limited has partnered with Elie Technologies to unveil a contactless payment solution for merchants and customers in Kenya. The solution, dubbed Tumatap, will enable Micro, Small,
Nigerian Fintech Grey Partners dLocal to Drive Expansion Into New Emerging Markets
Nigerian fintech startup Grey has partnered leading cross-border payment platform dLocal to drive expansion into new emerging markets. Launched in 2021 by Idorenyin Obong and Femi Aghedo, Grey offers an
MDP Takes Center Stage as Payments Enabler Africa Sponsor at Africa Fintech Summit Nairobi 2024
MDP, a leading payments technology provider in the Middle East and Africa, is gearing up to make its mark at the 12th edition of the Africa Fintech Summit, taking place
Equity Bank (Kenya) Limited Announces New Appointment
Equity Bank (Kenya) Limited, a subsidiary of Equity Group Holdings Plc, is one of the leading banks in Kenya. Equity Group Holdings Plc. is a Pan-African financial services holding company
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PalmPay Rolls Out USSD Service to Empower Users with Enhanced Financial Access and Account Security
PalmPay, a leading financial platform with over 30 million users in Nigeria, has launched its USSD code service. This new feature allows Nigerians to manage their finances without needing internet
Paymob Extends Series B to USD $72 Million as It Maintains Profitable Growth in Its Core Market
Paymob, MENA’s leading financial services enabler, announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million. The funding was led by
Interswitch Partners With Elie Technologies for Contactless Payments
Interswitch East Africa (Kenya) Limited has partnered with Elie Technologies to unveil a contactless payment solution for merchants and customers in Kenya. The solution, dubbed Tumatap, will enable Micro, Small,
MoData – Lusis Payments Partnership Brings Transformative TANGO Payments Platform to Africa
MoData, a leading provider of payment solutions, has been appointed as Lusis Payments’ Africa partner to bring the TANGO payment platform to Africa. Twenty-five leading international banks and BankservAfrica have
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