Content tagged with FinTech

posted in March 2024

10 items

Interview: JUMO's Joe Mucheru on AI's role in fintech

Connecting Africa Video
3/28/2024

JUMO President Joe Mucheru joined Connecting Africa Editor Paula Gilbert for a video interview to talk about the fintech company's work across Africa and how it's using artificial intelligence (AI) to provide credit to millions of Africans.

Africa to lead MFS growth in next five years – Ericsson and Juniper Research

Paula Gilbert
3/27/2024

A new report from Ericsson and Juniper Research predicts that almost half of all African mobile subscribers will use mobile financial services (MFS) by 2029 and African MFS transaction values will grow by 114% in the next five years.

MTN grows revenue, but naira slump pulls profit down

Paula Gilbert
3/25/2024

Pan-African telecoms operator MTN Group has reported a major drop in full-year profit as a sharp devaluation in the Nigerian naira pushed down the group's results.

West Africa has become mobile money powerhouse – GSMA

Paula Gilbert
3/20/2024

The GSMA's new 2024 State of the Industry Report on Mobile Money shows that in 2023, over a third of new mobile money accounts globally were from West Africa and the region has doubled its overall number of mobile money accounts over the past ten years.

Kuda secures licenses in Tanzania and Canada

Matshepo Sehloho
3/19/2024

Nigerian digital bank Kuda has secured payment licenses in Canada and Tanzania, allowing it to offer remittance and multi-currency wallet services.

African governments must be enablers of innovation

Matshepo Sehloho
3/14/2024

Panelists at the Africa eGovernance Conference (AfreGov) urged African governments to become enablers and create environments that allow citizens to participate in the digital economy.

Kenya's central bank grants 19 digital lenders licenses

Matshepo Sehloho
3/7/2024

The Central Bank of Kenya (CBK) has licensed a further 19 digital lenders, bringing up the total number of licensed Digital Credit Providers to 51 in the East African country.

Connecting Africa Podcast: S3 Ep. 1 – Trending topics in 2024

Paula Gilbert
3/5/2024

The Connecting Africa Podcast is back for season three. In this episode, we discuss startups and companies making their mark across emerging trends like social commerce, AI and smartphone affordability, and we venture into the hot topic of climate tech.

Mastercard, MTN Group launch virtual MoMo card for 13 African markets

Paula Gilbert
3/4/2024

MTN Group and Mastercard have launched a prepaid virtual bank card and a physical Mastercard companion card for MTN Mobile Money (MoMo) users across 13 markets in Africa.

MWC 2024: African telco deals

Paula Gilbert
3/1/2024

Connecting Africa has compiled a list of all the major deals that African operators announced at MWC 2024 in Barcelona, Spain.

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VC investment into South African ICT startups rises

Venture capital (VC) investment for startups in South Africa reached $178.8 million in 2023, with investments in the ICT sector almost doubling compared to 2022, according to a new report from SAVCA and VS Nova.

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Connecting Africa Podcast: S3 Ep. 4 – Africa's future as a tech talent powerhouse

In this episode, Utiva CEO Eyitayo Ogunmola returns to the podcast to talk about Africa's opportunity to become a tech talent powerhouse. The discussion covers upskilling African talent for the global job market and how outsourcing local tech professionals can provide opportunities for the youth, with a focus on growing female talent.

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Leadership Lessons: Networking towards career advancement

By Nollie Maoto

Nollie Maoto, First Rand Group's compliance chief data and analytics officer and Africa Tech Festival Leadership Council member, reflects on the importance of networking for career growth especially for African women in data analytics.

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Leadership Lessons: The importance of mentorship for career growth

By Nollie Maoto

Nollie Maoto, First Rand Group's compliance chief data and analytics officer and Africa Tech Festival Leadership Council member, reflects on the importance of mentorship for career growth for African women in data analytics.

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