Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya
According to stories, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, lately visited Kenya the place he sought to persuade the nation’s...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
United States-based customers of Strike, a digital funds platform constructed on Bitcoin’s Lightning Network, can now switch funds immediately and at a low price to...
Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations
The Bank of Ghana has stated the anticipated implementation of the central financial institution digital foreign money is not going to disrupt or negatively influence...
Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked
Between 2011 and 2021, the share of the world’s grownup inhabitants that had financial institution accounts rose from 51% to 76%, the findings of the...
Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker
The CEO of certainly one of Kenya’s greatest lenders has argued there’s a chance cryptocurrencies will complement cellular cash in Africa however first, there’s a...
Report: Africa Fintech Startups Raised $2 Billion in 2021
Africa’s fintech startups are reported to have raised $2 billion previously 12 months alone. This quantity dwarfs the $231 million that was raised within the...
Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022
In his Africa crypto market predictions for 2022, Marius Reitz, the overall supervisor for Luno in Africa, has predicted that Kenya will scale up the...
Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions
The Ghanaian authorities’s proposal to introduce a 1.75% levy on digital transactions was just lately rejected by a minority of lawmakers who insist the brand...
Remittances to Africa Set to Drop by 5.4 % to $41 Billion — Covid-19 Pandemic and High Sending Costs Blamed
According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to...
Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion
Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations...