Africa - page 8

13th Africa Bank 4.0 Summit – West Africa Concludes with Resounding Success
Fintech & Ecommerce

13th Africa Bank 4.0 Summit – West Africa Concludes with Resounding Success

Lagos, Nigeria – October 13, 2023 – The 13th Africa Bank 4.0 Summit – West Africa, presented by ICPS an HPS company, recently took place from October 10th to 12th, 2023 at EKO Hotels and Suites in Lagos, Nigeria. The event brought together leading experts, innovators, and influencers from the banking, fintech and payments sector, […]

E-KYC Surges in Africa
Science & Technology

E-KYC Surges in Africa

Innovative e-KYC verification solutions are growing in Africa, just as businesses across the continent are increasingly moving online.

Mobile Money Increases Financial Inclusion in Tanzania: Report
Fintech & Ecommerce

Mobile Money Increases Financial Inclusion in Tanzania: Report

A consumer survey on Tanzanian financial needs and preferences revealed that formal financial inclusion in the country has increased considerably over the past six years

Roam Introduces EV Bus to Transform Public Transport in Kenya
Science & Technology

Roam Introduces EV Bus to Transform Public Transport in Kenya

Roam’s new shuttle EV bus model Move continues to push for the adoption of electric vehicles in Kenya.

Safaricom Launches Mobile Money Service in Ethiopia
Fintech & Ecommerce

Safaricom Launches Mobile Money Service in Ethiopia

Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.

Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business
Fintech & Ecommerce

Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business

Africa’s largest mobile network operator MTN has sold a minority stake in its fintech arm to the payment giant Mastercard to support the acceleration and growth of the business’s payments and remittance services.

Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers
Fintech & Ecommerce

Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers

The funding round led by Mubadala and BlackRock brought African-born, global mobility fintech Moove $76M to accelerate its expansion

Airtel Africa and Mastercard Launch New Remittance Transfer Service
Fintech & Ecommerce

Airtel Africa and Mastercard Launch New Remittance Transfer Service

The new service can potentially benefit 100 million mobile phone users across the continent

Flutterwave scandal
Fintech & Ecommerce

Flutterwave scandal

Nigerian fintech unicorn, Flutterwave, valued at over $3 billion, has faced a range of scandals lately. Let’s shed some light on the skeletons in the closet of one of the most successful African industry players to date.

Google Cloud & Moniepoint to Serve Underbanked Businesses in Nigeria
Fintech & Ecommerce

Google Cloud & Moniepoint to Serve Underbanked Businesses in Nigeria

Africa-focused business banking platform Moniepoint will make financial services more accessible to SMEs even in remote regions of Nigeria with the help of Google Cloud and its scalable infrastructure

Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
Fintech & Ecommerce

Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End

By the end of this year, up to 20 countries can join the pan-African payment system.

Visa Launches Africa Fintech Accelerator
Fintech & Ecommerce

Visa Launches Africa Fintech Accelerator

The new Visa initiative will support up to 40 Africa’s fintech start-ups and entrepreneurs each year, with training, connections, technology, and investment opportunities

Meta to Appeal Kenya’s Court Decision
Society & Lifestyle

Meta to Appeal Kenya’s Court Decision

Meta plans to appeal the Kenyan court’s decision, according to which the company received the status of an employer of moderators of content published on the platforms of the technology giant in sub-Saharan Africa.

Unlimit Expands to Kenya
Fintech & Ecommerce

Unlimit Expands to Kenya

Fintech Unlimit (previously known as Unlimint) expanded its services to the Kenyan market, upon securing a Central Bank of Kenya licence

Helium Health Gets $30 Million
Fintech & Ecommerce

Helium Health Gets $30 Million

The African startup Helium Health announced the attraction of investment funds in the amount of $30 million following the results of the Series B financing round.

Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
Blockchain & Crypto

Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa

The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network

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.