Africa

Science & Technology

Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa

Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.

News

Mastercard and KaiOS to Deliver Affordable Payment Acceptance Devices to African SMEs

Mastercard latest collaboration aims to enable businesses to leverage digital tools more easily, promoting financial inclusion by using affordable mobile devices powered by KaiOS.

Finance & Economics

JPMorgan Seeks to Expand in Africa and Scandinavia

JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.

News

Yellow Card & Fireblocks to Streamline Cross-Border Payments in Africa

Pan-African fintech and stablecoin platform Yellow Card integrates Fireblocks wallet to improve cross-border transactions for both businesses and individuals in Africa.

Articles

Leading Fintech Companies in Tanzania

Tanzania’s fintech sector is experiencing a rapid advancement, driven by a combination of increasing mobile phone penetration, the introduction of innovative financial tools, and a regulatory environment that is supportive of these endeavors.

Blockchain & Crypto

Africa’s Participation in Global Blockchain VC Deals Hits New Record

Africa’s emerging influence in the global blockchain industry is reflected in the continent’s highest-ever share of blockchain venture capital (VC) rounds on record.

News

VC Breega Hits First Close of $75 Million Africa Fund

The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.

Finance & Economics

Ethiopia Intends to Allow Foreign Lenders to Acquire Local Banks

Ethiopia’s Council of Ministers has approved a bill according to which foreign financial institutions are granted the right to acquire stakes in the banks of this African country.

News

Mastercard and African Development Bank Group Collaborate to Provide Digital Identities

Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.

Finance & Economics

OpenseedVC Reaches First Close of $10m Fund for Early Stage Startups across Africa and Europe

Female-led OpenseedVC has reached the first close of its $10 million angel-style early-stage fund, hoping to reach the final close within a year.

Fintech & Ecommerce

Norrsken22 Bets on Africa’s Fintech Boom

African technology companies and startups are becoming increasingly attractive to international investors, which is why ignoring them falls into the category of inappropriate and short-sighted decisions.

News

Ethiopian Eco Startup Kubik Gets Fresh Funding for Pan-African Growth

Kubik is turning plastic waste into eco-friendly interlocking building materials like bricks, columns, beams and jambs.

Blockchain & Crypto

Why Is Crypto Betting Growing in Africa?

With over 1.2 billion citizens, the African continent is seeing quick growth in both cryptocurrency services and online betting resources. When two of these segments collide, crypto betting emerges as a new popular way for African gamblers to earn money and test their luck.

Articles

Where to Buy Crypto in Nigeria 2024

One of the world’s most crypto-keen countries, Nigeria offers its citizens a vast choice of cryptocurrency trading platforms. This article will help you navigate the complex landscape of cryptocurrency companies and startups operating in Nigeria and choose the best service provider according to your needs.

Events

14th Africa Bank 4.0 Summit – Pan Africa

29th & 30th of May 2024 #africanbanksummit Event Link: https://www.biiafricabanksummit.com Event Registration: https://www.biiafricabanksummit.com/register/ Download Event Agenda: https://www.biiafricabanksummit.com/download-agenda/ The 14th Africa Bank 4.0 Summit – Pan Africa is a prestigious international gathering that brings together key stakeholders in the banking and financial industry to explore the latest trends, innovations, and strategies shaping the future of banking in the African region. CONFEX: 29th & […]

Events

11th Edition Connected Banking Summit – East Africa Innovation & Excellence Awards 2024

Crafting the Future of Banking with Inclusion & Digital Evolution The 11th Edition of the Connected Banking Summit– East Africa in Nairobi, Kenya, on March 6th, 2024, is set to bring together global executives, experts, and leaders. Get ready for a gathering of minds in the banking industry!

Welcome to PaySpace Magazine, the ultimate destination for staying informed about the most recent financial and payments news from Africa. Our news platform is designed to provide comprehensive coverage of the ever-changing African market, offering valuable insights into crucial areas such as banking, fintech, mobile payments, and more. Explore our content to access the latest trends and innovations, as well as exciting opportunities that are shaping the financial industry in Africa. Join us on this journey as we delve deep into the dynamic landscape of African finance, bringing you all the essential information in one convenient place.