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By Hennie de Villiers Africa’s population is projected to exceed 1.7 billion by 2030, one of the youngest and mobile-first populations on the planet, making the continent fertile ground for the reimagining of financial services. But Africa also sits at a crossroads: an accelerating trajectory of digital innovation challenged by deep digital divides, including access and infrastructure, […]
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Partnership combines Mastercard’s global payments network with Smile ID’s capabilities to combat fraud and expand financial inclusion across Africa. From left to right: Selin Bahadirli, executive vice president, services, Eastern Europe, Middle East and Africa at Mastercard, Mark Straub, CEO Smile ID, Dennis Gamiello executive vice president, and global head of identity at Mastercard Nairobi, […]
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Onafriq, Africa’s largest digital payments network, today announced a strategic partnership with Visa to launch Visa Pay, a cloud-native Payments-as-a-Service platform designed to expand digital financial access across the Democratic Republic of Congo (DRC). Through this partnership, consumers in the DRC will be able to conveniently fund their Visa Pay wallets directly from mobile money […]
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Author: Mladen Čolić, Sales Vice President: Fintech Africa at TransUnion Africa is fast emerging as the world’s next frontier for growth. By 2050, more than one in four people on the planet will be African, according to the United Nations Economic Commission for Africa. With the youngest population globally, the continent is increasingly recognised as a […]
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For the first time, merchants and acquirers in Eastern Europe, Middle East, and Africa (EEMEA) can now leverage USDC across Mastercard’s global payments network and benefit from its trusted technology, reach and scale As stablecoins continue to solve real-world challenges and improve efficiencies across a range of use-cases, Mastercard and Circle are deepening their longstanding […]
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New BCG and QED report reveals the fintech industry’s strongest fundamentals to date—poised for its next wave of disruption through breakthrough technologies, disciplined growth, and new market penetration Global fintech is entering a new era of maturity and momentum. According to a new report from Boston Consulting Group (BCG) and QED Investors, Fintech’s Next Chapter: Scaled Winners and Emerging […]
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Africa’s leading payments technology company, Flutterwave, has recently announced the launch of its referral program through Send App, its cross-border remittance product. The integration of Swap into Send App has empowered users to effortlessly convert Nigerian Naira (NGN) to foreign currencies, facilitating smooth cross-border money transfers. Remittances are a critical engine for Africa’s projected $1.5 trillion digital […]
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Payments, people and strategy are key to opening up new ways of transacting in South Africa South Africa’s payment ecosystem is a tangle of legacy banks, fintechs, telcos and card schemes, all jostling for a slice of the transaction pie. It’s a space where smart and ingenious capture customer attention, and where people need to […]
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Zambia’s financial sector is undergoing a meaningful digital shift. Nearly 70% of adults now access payment services – including bank accounts, mobile money and microfinance – marking steady progress toward a more integrated and inclusive payments ecosystem. With the government’s eGov modernisation efforts gaining momentum, the foundations are in place for connected, future-ready infrastructure. As […]
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Fixed Wireless Access (FWA) continues to grow in appeal to communications service providers (CSPs) around the world, with the ability to offer speed-based tariff plans – enhanced by 5G capabilities – proving particularly attractive, the June 2025 Ericsson (NASDAQ: ERIC) Mobility Report shows. FWA is projected to account for more than 35 percent of new […]
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