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PayU launches operations in Kenya

PayU launches operations in Kenya

June 12, 2019 • East Africa, FinanceComments (0)

  PayU has been a licensed operator in Kenya since February 2019 and launched payment services for the region. Kenya, as the power hub for East Africa is superbly positioned for expansion into the rest of Africa. “Kenya is a powerful and growing market, ideally suited for investment and expansion for high-velocity merchants.” says Corrie [&hellip...

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WorldRemit launches new product for business payments to South Africa

WorldRemit launches new product for business payments to South Africa

June 12, 2019 • Finance, Southern Africa, Top Stories, West AfricaComments (0)

Digital money transfer company WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to pay their employees and contractors in 140 countries worldwide, including fast-growing markets such as Ghana,...

MTN launches Africa's first AI service for Mobile Money

MTN launches Africa’s first AI service for Mobile Money

June 7, 2019 • Finance, Top Stories, West AfricaComments (0)

MTN Group is proud to announce the launch of Africa’s first Mobile Money (MoMo) artificial intelligence service or “chatbot”. The chatbot went live in Ivory Coast in May and will be rolled out across MTN’s MoMo footprint in the next...

SMEs can free up cash flow through invoice discounts

SMEs can free up cash flow through invoice discounts

June 3, 2019 • Finance, StartupsComments Off on SMEs can free up cash flow through invoice discounts

Small business owners who are experiencing cash flow challenges should consider improving efficiencies in their payments collection and processing methods to free up working capital. Vaughan David, CEO of Business Savings and Cash Investments at FNB says that...

MTN, Barclays to broaden financial inclusion in Zambia

MTN, Barclays to broaden financial inclusion in Zambia

May 30, 2019 • Finance, Mobile and Telecoms, Southern Africa, Top StoriesComments Off on MTN, Barclays to broaden financial inclusion in Zambia

MTN Zambia, Barclays Zambia and JUMO have announced the commercial launch of KASAKA – a unique, short term mobile saving product. This interest-bearing savings account is available to all MTN Mobile Money users through Barclays Zambia. KASAKA, the next step...

How to buy Bitcoin with iTunes gift cards in Nigeria

How to buy Bitcoin with iTunes gift cards in Nigeria

May 29, 2019 • Finance, SponsoredComments Off on How to buy Bitcoin with iTunes gift cards in Nigeria

iTunes gift card market is one of the top online investments that many Nigerian youths involved in as they regularly trade these gift cards for fiat currencies on different trading platforms. However, one phenomenon that has begun to trend that has turned to...

Financial trading via apps – what you need to know

Financial trading via apps – what you need to know

May 28, 2019 • FinanceComments Off on Financial trading via apps – what you need to know

Whether you are interested in stocks and shares or you want to make a killing in cryptocurrencies, it has never been easier to make trades and reap the rewards. There was a time when it was impossible for anyone but stockbrokers to trade, but thanks to online...

Wari customers can now request financial services on WhatsApp

Wari customers can now request financial services on WhatsApp

May 23, 2019 • Finance, Top StoriesComments Off on Wari customers can now request financial services on WhatsApp

Digital platform offering financial services in Africa, Wari has integrated with the WhatsApp Business solution to enable customers to request its financial services around the world on WhatsApp. The introduction of MyWari on WhatsApp provides customers the...

Paxful launches wallet App

Paxful launches wallet App

May 23, 2019 • FinanceComments Off on Paxful launches wallet App

Paxful, peer-to-peer bitcoin marketplace, has announced the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download...

Standard Bank Wealth introduces new integrated digital solutions

Standard Bank Wealth introduces new integrated digital solutions

May 14, 2019 • Digital Transformation, Finance, Top StoriesComments Off on Standard Bank Wealth introduces new integrated digital solutions

Standard Bank has recently launched short-term insurance chatbot together with new online functionality for wealth clients in a move to becoming the leading integrated financial services organisation in, for and across Africa. Deepesh Thomas has been...

South African Reserve Bank currency mobile app receives global recognition

South African Reserve Bank currency mobile app receives global recognition

May 3, 2019 • Finance, Southern Africa, Top StoriesComments Off on South African Reserve Bank currency mobile app receives global recognition

A mobile app developed for the Reserve Bank has won an International Association of Currency Affairs Award. Shortlisted amongst digital banking platforms from the Bank of Canada and the Reserve Bank of Australia, the South African Reserve Bank (SARB) currency...

Public agency launches new digital platform in Senegal

May 2, 2019 • Finance, Top Stories, West AfricaComments Off on Public agency launches new digital platform in Senegal

The Agency for Universal Health Coverage in Senegal has launched a new digital platform, sunucmu.com. The platform is the first of its kind to have been fully designed and developed by a public agency on a global scale. L’Agence de Couverture Maladie...

Fintech-a potential driver of African economies

Fintech a potential driver of African economies

May 2, 2019 • FinanceComments Off on Fintech a potential driver of African economies

A report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region’s economic performance. The regions include; East Africa, Central and West Africa, Franc Zone, Northern Africa and Southern...

Load shedding slowing down tech adoption for South Africa's SMEs

Xero fuels small business growth in South Africa with finance options

May 1, 2019 • Finance, Startups, Top StoriesComments Off on Xero fuels small business growth in South Africa with finance options

Xero announced new agreements with a group of South Africa’s new digital lenders: Bridgement, Retail Capital and Lulalend. These finance providers will improve South African small businesses’ access to much-needed funding – and in so doing, help...

LG announces Q1 2019 financial results

LG announces Q1 2019 financial results

May 1, 2019 • Finance, Top StoriesComments Off on LG announces Q1 2019 financial results

LG Electronics has announced the consolidated sales of KRW 14.92 trillion (USD 13.27 billion) and operating profit of KRW 900.6 billion (USD 801.25 million) for the first quarter of 2019. Although overall first-quarter revenues and operating income declined...

Standard Bank selects Microsoft to drive digital transformation

Standard Bank selects Microsoft to drive digital transformation

April 30, 2019 • Digital Transformation, Finance, Southern Africa, Top StoriesComments Off on Standard Bank selects Microsoft to drive digital transformation

Standard Bank Group and Microsoft announced a new strategic partnership that will help to transform the bank’s technology estate and internal corporate functions, enabling the bank to accelerate its digital transformation journey significantly improving its...