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How Fintechs And Institutions Can Bridge The Usage Gap In Sub-Saharan Africa

By Drisha Kirkman, Head of Programme Management and Sustainability at Paymentology Sub-Saharan Africa is experiencing a paradox in its financial transformation. Mobile network coverage now extends to 84% of the population, yet only 25% are actively connected, leaving a 59% usage gap.  While the connectivity infrastructure is largely in place, hundreds of millions remain disconnected from the digital financial tools with […]

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How Errandpay Is Driving Financial Inclusion Across Sub-Saharan Africa By Powering Fintechs, MFBs And MFIs

Many financial organisations believe that Fintechs, Microfinance Banks (MFBs), and Microfinance Institutions (MFIs) are seventh heavens in the global effort to alleviate poverty in Sub-Saharan Africa. Unfortunately, this impression is very far from reality.  Filtering through the World Bank’s 2021 report on Financial Inclusion, Digital Payments, and Resilience in the Age of COVID-19, one would […]

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Fintechs Are Set To Transform Cross-Border Payments In Africa

For centuries people have crossed borders to live, work, and trade. While cross-border payment systems are crucial for financial inclusion and growth in a globalised economy, cost and efficiency challenges remain, particularly in Africa. Mark Dankworth, President Business Development Africa at leading pan-African fintech enablement partner, Ukheshe Technologies says fintechs are at the forefront of improving cross-border payments […]

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Fintechs, SMEs And Digitization In Africa – Ghana Leads The Charge

Eric Osiakwan Three leading Ghanaian fintechs; Hubtel, ExpressPay and IT Consortium joined forces to build Ghana government’s portal https://www.ghana.gov.gh – a digital services and payment platform for Small Medium Enterprises (SMEs), Startups and citizens to access government services at the click of a button. Despite being competitors, these tech ventures saw the need to collaborate […]

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african startups

Must-watch Startups in Africa’s Fintech Space in 2021

Building a fintech startup is the trend in Africa, and there seems to be a new financial product every month. But after seeing clones after clones of savings apps, it’s refreshing to see people building in other areas. More than $1.07 billion flowed into Africa’s startups in 2020, with the fintech sector accounting for the […]

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Fintechs In Search of Skilled Leaders in Africa

There is a massive demand for senior leaders in burgeoning African fintech sector. With the rapid and sustained growth of the fintech sector in East Africa, in particular in Kenya, there has been a sharp rise in demand for skilled leaders to fill positions, and companies are looking globally – and to South Africa specifically […]

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