Fintech
Finance Sectors

Kora Unveils ₦200 Million Endowment Fund to Propel Educational Opportunities at Covenant University

Kora, a pioneering force in the financial technology landscape, has launched an ambitious ₦200 million student endowment fund at Covenant University, aimed at empowering deserving students through financial aid. This initiative aligns with Kora’s overarching mission to drive educational accessibility and talent development in Africa, setting the stage for long-term socioeconomic impact across the continent. […]

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ICT Sectors

Huawei to Launch Data Centre in Nigeria to Boost Compliance with Data Protection Regulations

Huawei Technologies, a global leader in information and communication technology (ICT) infrastructure, is preparing to establish a data centre in Nigeria, marking a significant move to comply with the country’s data storage regulations. The new facility, referred to as a “cloud site,” is expected to go live on October 31, 2024, and will provide data […]

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Fintech Investors

TOP 5 FINTECH INVESTORS FUELING INNOVATION ACROSS AFRICA 

Africa’s fintech ecosystem has seen a surge in investment over the last few years, driven by a combination of technological advancements, a young population, and rising demand for financial inclusion. As a result, several key investors have stepped forward to fuel this growth, helping fintech startups scale rapidly and expand their reach across the continent.  […]

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Fintech News

Kenyan Tech CEO Loses Appeal Against Flutterwave in $900,000 Lawsuit, Awarded $2,500 for Emotional Distress

In a legal battle that has captured the attention of Africa’s tech and fintech industries, Clara Wanjiku Odero, a prominent Kenyan tech founder and CEO of Softbank-backed Credrails, lost her appeal against Flutterwave, one of Africa’s largest Fintech Giants. The case, centered on claims of emotional distress and reputational damage, culminated in a much smaller […]

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Innovation Technology

Vertiv Leads Innovation at Connected Africa Summit as Rohan Patil Receives Recognition for Shaping Africa’s Digital Future

Rohan Patil, the regional manager for East Africa at Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, was personally recognized at the Connected Africa Summit held in Nairobi, Kenya. Patil’s involvement in a high-level panel discussion and his contributions towards shaping Africa’s digital transformation earned him special acknowledgement during the event. The […]

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Business News Fintech

Kora and Pyvio Partner to Streamline B2B Payments in Africa

In a move set to revolutionise B2B payments across the African continent, Kora, a leading pan-African payment infrastructure, has announced a strategic partnership with Hong Kong-based fintech company Pyvio. The collaboration aims to simplify cross-border payment processes for Chinese e-commerce and media companies operating in Africa, allowing them to navigate the often complex regulatory frameworks […]

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Finance Fintech

Kopo Kopo Unveils New Leadership Team to Accelerate Innovation and Growth

Kopo Kopo, a leading player in the mobile money and fintech space, has announced a new leadership team as it prepares for its next phase of growth. The strategic appointments reflect the company’s commitment to innovation and its mission to deliver cutting-edge financial solutions to businesses in Kenya and beyond. Dennis Ondeng, who has been […]

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Business News Fintech

TOP 7 WOMEN CHANGING THE FACE OF FINTECH IN AFRICA 

Fintech in Africa is a rapidly growing sector, transforming the continent’s economic landscape by offering solutions that bridge gaps in traditional banking systems. With its unique ability to provide accessible financial services, fintech has fueled innovation in how Africans transact, save, and invest. It is not just reshaping banking, but also bringing financial inclusion to […]

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Fintech News

PalmPay Introduces USSD Service to Expand Financial Inclusion

News Highlights PalmPay, a leading financial technology platform with over 30 million registered users, has launched its USSD code service to enhance financial access across Nigeria. The USSD feature allows users without smartphones or internet connectivity to perform banking transactions by simply dialing 861 from their mobile phones. This move is aimed at further expanding […]

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Fintech Market

DigiTax Expands to Zambia, Appoints Gilbert Lungu as Country Manager

DigiTax, a leading eTims tax compliance solution provider based in Kenya and owned by Namiri Technology, has officially launched its operations in Zambia. This expansion follows the Zambian government’s recent adoption of electronic invoicing regulations, which aim to streamline tax compliance and enhance revenue collection. To spearhead its operations in Zambia, DigiTax has appointed Gilbert […]

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