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Africa Roundup: Paga goes global and 4 startups raise $99M in VC
Paga looks to go head to head with regional and global payment players, such as PayPal, Alipay, and Safaricom according to Oviosu.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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Ahead of Traditional Banking: How Africa Employs Blockchain For Financial Inclusion
On September 27, at the 73rd Session of the U.N. General Assembly (UNGA), Sierra Leone’s president Julius Maada Bio made an announcement where he declared that his country had set a new goal to create a national, blockchain-based credit bureau to “radically transform” the country’s financial inclusion landscape.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Zimbabwe unveils new mobile money tax
Zimbabwe changed the way it taxes mobile money from a fixed fee to a percentage of the value of each transaction, as the state eyes a greater share of the proceeds from use of the burgeoning technology.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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How a Ugandan prince and a crypto startup are planning an African revolution
Crypto and blockchain enthusiasts have been railing for years against the centralized world of banks, but many have been doing so from the privileged vantage point of developed countries. But what if blockchain technology turned out to be most revolutionary in emerging economies?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Sierra Leone, United Nations to Develop Blockchain Digital ID System
The UN Capital Development Fund (UNDCF) and the UN Development Programme (UNDP) have entered into a partnership with Kiva, a technology nonprofit. Kiva will lend its institutional protocol of the same name to implement the “Credit Bureau Of The Future.”
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Safaricom, Telkom Integrate Mpesa and T-kash Services
The country's mobile money transfer platform is set for a new frontier after the announcement of an integration of Safaricom's and Telkom's services.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Press release: CGAP Launches Photo and Video Contest Theme for 2018: Financial Inclusion in Africa
This year CGAP is looking for original and compelling photographs and short videos that tell the story of how financial services empower poor people and communities in Africa. The region is a center for financial innovation -- home to M-Pesa, the mobile money service launched a decade ago now replicated across markets worldwide; host to vibrant FinTech and e-commerce companies; and to a growing off-grid sector that leverages digital finance.
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN Uganda and Mastercard diversify mobile money service
The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide its customers access to products and services previously a preserve of physical credit card holders while diversifying its mobile money portfolio.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
