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As regulators turn sights on fintech, a Nigerian startup is first to secure credit rating
Indeed, payment startups facilitating online transactions in key African economies are increasingly getting validation with global payment giants including Mastercard, Stripe and Visa paying closer attention and investing in Nigerian fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance, startups
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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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East Africa region slips in financial inclusion
Globally, Uganda and Kenya have dropped sharply among the 55 surveyed countries, the report shows.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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12 social enterprises share $2m Google Impact Challenge prize
Google has announced winners of the maiden edition of its Google Impact Challenge in Nigeria, where 12 non-profits and social enterprises shared $2m in grant funding.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Rwanda, The Emerging Economy To Watch
The statistics explain why Rwanda has become Africa’s poster child for progress. The country has reduced reliance on donations and currently, domestically funds about 84% of the budget up from about 36% two decades ago.
- Region
- Sub-Saharan Africa
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Airtel is banking on its 40 million subscribers to operate the largest and secure mobile money platform in Nigeria
Airtel says it is banking on it over 40 million customers and its retail footprint across major regions in Nigeria to drive financial inclusion.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Uber, JUMO partner to roll out vehicle finance platform
According to a statement released by JUMO, the product has been successfully piloted in Kenya, with the intention to expand the offering across Sub-Saharan Africa in 2019.
- Region
- Sub-Saharan Africa
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Kenya’s M-Pesa mobile money service now works with China’s WeChat Pay
Tens of millions of people using Kenya’s dominant mobile money service M-Pesa will now be able to transfer cash to over a billion active users of China’s digital payment system WeChat Pay.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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