Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
digital finance
-
BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
-
CryptocurrencyFinance & ServicesRegulationSecurityTechnologyWestern Africa
SEC Raises Alarm over $2.1bn Suspicious Crypto Deals in West Africa
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has raised concern over the sharp rise in suspicious cryptocurrency-related transactions across West Africa. Speaking at the …
-
BusinessDigital EconomyEastern AfricaFinance & ServicesTechnologyTelecommunications
M-Pesa’s Market Share Drops as Airtel Money Gains Ground
Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
-
EconomyFinance & ServicesGOVERNMENTPoliciesTechnology
FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
-
AfricaBusinessDevelopmentEconomyInfrastructureInnovationPolitics
Leaders Call for African Solutions, Stronger Infrastructure
African business and political leaders have said the continent must invest more in local innovation, reliable infrastructure and cross-sector partnerships to drive long-term economic growth. The call was made at …
-
AfricaAFRICA NEWSBusinessBusiness and EconomyCryptocurrencyEconomyFinance & ServicesFintechNigeria
Africa Records 100 Million Crypto Users, Nigeria Tops Chart
Africa’s digital revolution is accelerating as cryptocurrency adoption surges across the continent, with a recent report revealing that over 100 million Africans are now using crypto assets—and Nigeria leads the …