3+ day, 5+ hour ago   (883+ words) Fido, an Accra-based fintech, has secured a $200,000 grant from the United Nations Capital Development Fund (UNCDF) to expand its digital lending, savings, and financial literacy products for women- and youth-led small businesses in Ghana. The programme is expected to help…...

3+ day, 7+ hour ago   (1010+ words) For four years, the Pan-African Payment and Settlement System (PAPSS) has been building the plumbing for a more connected African economy. Since launching in January 2022, the payment network says it currently connects 30 African countries, 24 central banks, about 200 financial institutions and…...

4+ day, 3+ hour ago   (397+ words) The Ghanaian subsidiary of Uruguayan payments company dLocal has secured an Enhanced Payment Service Provider (EPSP) licence from the Bank of Ghana, allowing it to operate more of its payments business locally. Ghana’s mobile money market processed GH¢4.54 trillion ($397 billion)…...

5+ day, 22+ hour ago   (646+ words) Botswana has a phone in almost every hand, but millions of adults remain outside the formal banking system The country has mobile penetration of about 166%, equivalent to roughly 4.2 million connections for a population of 2.5 million. Yet an estimated 38% of adults…...

1+ week, 3+ day ago   (456+ words) Capitec, South Africa’s largest digital bank, is about to get a second venue for investors to trade its shares, but the bigger story is what the company has become since it started as a lender 25 years ago. On Monday, September…...

1+ week, 5+ day ago   (1017+ words) It’s often easier to send money from Lagos to London than from Lagos to Accra. A parent in Ghana may need to pay their child’s university fees in Nigeria. A business owner in Kenya may need to settle a supplier…...

1+ week, 4+ day ago   (599+ words) Cash still dominates everyday payments in South Africa, making it a challenging market for MoMo, MTN’s mobile-money and digital financial services platform. But as the country overhauls its payments infrastructure and opens the market to more competition, the company sees…...

1+ week, 6+ day ago   (625+ words) Allawee, a Nigerian card-issuing fintech, will close its business and personal account services on December 1, 2026, after Paystack acquired the company in 2025 in a deal that was not publicly announced, according to emails sent to Allawee customers. In two emails seen…...

2+ week, 3+ day ago   (255+ words) TechCabal Tyms partners with Seedstars to bring AI-Native accounting to emerging market entrepreneurs [Lagos, 26th August, 2026] — Tyms Inc., the AI-native accounting platform behind Adam, today announced a partnership with Seedstars, the global platform investing in and supporting entrepreneurship in emerging markets....

2+ week, 4+ day ago   (1744+ words) The technology was not the problem. For Peter Otobong and his team at Fraqtion Finance, the idea was simple enough: allow people to pool money to finance real-world trade, such as a Chinese company buying lithium from Nigeria. The software…...