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Mastercard africa

Company News

Mastercard & Ecobank Partner to Get More African Farmers Connected

Luis Monzon -
America's Mastercard and Togo's Ecobank Group yesterday announced a new partnership to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard’s Farm Pass – a digital platform that makes it safer and easier for farmers to sell their...
Company News

Nigerian Unicorn OPay Signs Deal with Mastercard

Luis Monzon -
Mastercard and Nigeria-based fintech unicorn OPay today announced a strategic partnership to extend the service's offerings across more of the Middle East and Africa. The collaboration enables OPay consumers and merchants in the region - including Algeria, Morocco, Egypt, Nigeria,...
People

Mastercard Appoints New Country Manager for South Africa

Luis Monzon -
Mastercard has appointed Gabriel Swanepoel as the new Country Manager for Mastercard in South Africa. This serves as a promotion from his current role as the VP of Business Integration for Mastercard, Southern Africa. As country manager, Swanepoel is responsible...
East Africa

SME-in-a-Box: Mastercard’s New Payment Solution for Zambian Businesses

Luis Monzon -
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises (SMEs) to safely make and receive digital payments through various online channels. The solution called “SME-in-a-Box”...
East Africa

Visa Launches its First Card Payment Service in Somalia

Luis Monzon -
Visa has announced a new partnership with the International Bank of Somalia (IBS Bank) to launch Somalia's first Visa card payment services in the country. According to Tech Cabal, Somalia has been making significant headways into "reawakening" its financial entities....
Mobile and Telecoms

Mastercard and Zamtel Partner to Drive Financial Inclusion in Zambia

Luis Monzon -
Today Zamtel, a government-owned telecommunication service provider in Zambia, and Mastercard have announced a strategic partnership that will enable Zamtel Mobile Money customers – even those without bank accounts - to make safe and seamless digital payments on the...
Company News

Mastercard’s Girls4Tech Programme Reaches 1 Million Milestone

Jenna Delport -
Mastercard has revealed that its science, technology, engineering and mathematics (STEM) programme, Girls4Tech, has reached its initial goal of educating one million girls. The programme has a new and inspiring ambition to reach five million girls by 2025.  The programme, which...
Company News

Mastercard and Zimswitch Partner to Transform Payments Sector in Zimbabwe

Jenna Delport -
Mastercard and Zimswitch have partnered in an attempt to modernise Zimbabwe's payment infrastructure - something that the companies believe will support the country's Reserve Bank’s vision of an interoperable payment system that supports inclusive economic growth and boosts the...
East Africa

Mastercard and DPO Partner to Help African Businesses Move Online

Jenna Delport -
African digital payments company, DPO Group, has launched an e-commerce store that is powered by Mastercard’s payments gateway technology. Through this platform, DPO hopes merchants across Africa will be able to swiftly move their businesses online and continue to...
FinTech

Ukheshe is Transforming Africa’s Cashless Environment

Luis Monzon -
While significant measures have been put in place to combat the spread of Coronavirus disease (COVID-19), South African banks are turning to cashless transactions. Mobile money transfers, online, debit and credit card transactions are being encouraged as opposed to...
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Latest News

FinTechStaff Writer -

Africa’s digital payments projected to reach $1.5 trillion by 2030

Africa’s digital payments economy is on a rapid growth trajectory, projected to reach $1.5 trillion by 2030, according to...
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