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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Arrest of Binance Executives Shakes up Nigeria’s Crypto Ecosystem, Again
The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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The Carrier Also Signs Deal with World Bank to Boost Its Mobile Money Offer in the Region
Orange Middle East and Africa (OMEA) has signed an agreement with Microsoft to support 15,000 small to medium enterprises across 17 countries in Africa and the Middle East in adopting Microsoft solutions.
- Categories
- Technology, Telecommunications
- Region
- Global
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South Africa’s Hohm Energy Raises $8 Million to Drive Solar Revolution
Hohm Energy will accelerate the adoption of rooftop solar in South Africa by investing in its new cutting-edge climate fintech strategy.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Nigerian Fintech Mamamoni, Dedicated to Women Empowerment, Receives €250,000 to Expand Agent Network
The investment is particularly aimed towards expanding its network of female agents, a task in which the VFD Microfinance Bank will provide assistance.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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The Next Frontier in Inclusive Fintech: The Value of Client-Centric Impact Measurement
Fintech is projected to be a $1.5 trillion industry by 2030, and Latin America and the Caribbean is a crucial focal point for the sector. But Carla Grados-Villamar at 60 Decibels points out that while fintechs are boosting financial access in the region, this does not guarantee improved living standards. She discusses how 60 Decibels has helped Galgo, a Chile-based fintech that facilitates financial access through motorcycle loans, to better understand its customers' experiences — and explores how this learning process reveals the importance of client-centric impact measurement in the broader fintech sector.
- Categories
- Finance, Transportation
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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