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Press Release: WorldRemit Partners with Wizall Money to Launch its First Mobile Money Transfer Service to Senegal
Using the WorldRemit app, customers in over 50 countries can now send money instantly to over 60,000 Wizall Money mobile accounts in Senegal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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How Mobile Money Is Taking Over the Finance Sector in Ghana, Records Massive Growth in 2019
Ghana Interbank Payments and Settlements System report has shown that the movement of funds from bank accounts into mobile money wallets or accounts recorded 1224% growth in 2019.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Booster Teams to Breach the Rural Frontier of Digital Financial Services (DFS) in Uganda
In the context of rural digital finance, the concept of a “booster team” is a dedicated team that supports one or several organizations to distribute their products and services to the last mile population.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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African Fintech Firm Flutterwave Raises $35M, Partners With Worldpay
With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Bamboo Capital Exits Accion Microfinance Bank
Bamboo Capital Partners, an impact investing platform, has successfully exited its indirect stake in one of the leading microfinance banks in Nigeria, Accion Microfinance Bank (Accion MfB).
- Region
- Sub-Saharan Africa
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Migrant Returnees Turn to Mobile Money in Sudan
Sudan presents a complex and diverse migration profile as a source, transit and destination country at the centre of multiple migration routes and is host to several migrant populations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, migrants
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Internet and Social Media Shutdowns Cost African Economies Over $2 Billion in 2019
Shutting down internet and social media access—an increasingly popular choice for governments on the continent in response to protests and dissent—came at a cost of $2.1 billion last year.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Fintech Startups Are Making It Easier for Nigerian Millennials to Invest in US Stocks
Beyond payments and digital banks, there’s a growing crop of “wealthtech” or wealth management startups offering investment opportunities to willing users in Nigeria
- Categories
- Finance
- Region
- Sub-Saharan Africa
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