The West African Monetary Institute (WAMI) and EMTECH SOLUTIONS Inc. today announced a strategic partnership to modernize country-level and regional regulatory sandboxes, enabling the harmonization of heterogeneous Fintech regulatory policies and frameworks across the West African Monetary Zone (WAMZ).
The...
Ghanaian insurtech start-up, Figtech Limited, is poised to boost insurance penetration in Ghana and beyond on the back of its innovative MyFIG app designed to be a one-stop-shop for various insurance services in the country.MyFIG is a centralized digital...
eTranzact, a Nigerian payment service provider, has announced a profit of ₦1.17 billion ($1.5 million) after taxes in 2022.
The new record—-a 157.81% increase compared to the year 2021—was disclosed in the company’s 19th annual general meeting last Thursday.
According to...
The Kenyan government's US$346 million Hustler Fund launched in November 2022 has to give loans to small Kenyan businesses that don’t have access to credit through traditional means, has reportedly suffered a significant setback in the form of non-performing...
Ghana placed second behind Côte d’Ivoire in Africa in terms of growth of mobile money services, according to the 2023 Oxford Economics Africa Report titled “The Africa Risk-Reward Index”.Ghana's impressive performance is in spite of the Electronic Transfer Levy...
MFS Africa, Africa’s largest digital payments network, is thrilled to unveil its new identity: Onafriq.
A statement from the company said "This rebranding is not just a name change but a reflection of the company's evolution and its vision...
The African Continental Free Trade Area (AfCFTA) is offering the biggest sign of hope for Africa to bring significant economic and social gains for the African people.Although its implementation has been slow, AfCFTA if fully implemented could lead to...
Bitcoin is flirting with a winning run last seen a year ago, aided by the record-breaking debut of US exchange-traded funds for the token.The digital asset rose about 1% to US$48,436 as of 9.50am on Monday in Singapore, poised...
The Nigerian Safety Investigation Bureau (NSIB) has said it received the preliminary report from the U.S. National Transportation Safety Board (NTSB) regarding the helicopter crash that claimed the life of Dr Herbert Wigwe, former Group CEO Access Bank and...
MTN Group announces the appointment of Ali Monzer as Chief Executive Officer of MTN South Sudan, effective 1 April 2024. Ali succeeds Gordian Kyomukama, who will retire after a distinguished career with MTN.Ali brings over 23 years of telecommunications...