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MTN SA launches MoMo business wallet, remittance service
MTN's Mobile Money platform (MoMo) has announced more services in South Africa including a business wallet, a streamlined payments feature and international remittances.
Interview: Telekom Networks Malawi CTO Lloyd Gowera on network expansion and 5G
Telekom Networks Malawi CTO Lloyd Gowera spoke to Connecting Africa at the NOVACOM Digital Transformation Strategy Summit about the operator's network expansion strategy for 4G and plans for commercial 5G rollout for both the enterprise and consumer markets.
More African SMEs embracing digital payments – Mastercard
Africa's small and medium enterprises (SMEs) are embracing the use of digital payments according to the latest Mastercard SME Confidence Index.
Interoperability key for mobile financial inclusion – AfricaNenda
AfricaNenda Deputy CEO Sabine Mensah believes that increased interoperability in Africa's fintech sector and more policy harmonization will aid financial inclusion.
Kenyan President pitches Silicon Savannah investment to Silicon Valley
Kenyan President William Ruto met several American tech CEOs during a US-Kenya business roadshow last week to pitch Kenya as an investment destination.
African fintechs raised $2.7B since 2021 – Disrupt Africa
Disrupt Africa's 'Finnovating for Africa' 2023 report found that the number of African fintech startups grew 17.7% over the past two years and they raised more than $2.7 billion in funding.
Connecting Africa Podcast S2 Ep. 10 – Financial inclusion reality check
On the final podcast episode for season two, hosts Tobi Lafinhan, Paula Gilbert and Matshepo Sehloho discuss financial inclusion in Africa and whether fintech services like mobile money are making the impact they promise.
Safaricom launches M-Pesa in Ethiopia
Mobile financial services platform M-Pesa is now officially live in Ethiopia, three months after Safaricom Ethiopia was given a license to operate mobile money in the country.
Mastercard to buy stake in MTN's $5.2B fintech business
MTN Group announced that Mastercard plans to become a minority investor in its fintech business, which the pan-African telco values at $5.2 billion.
Connecting Africa Podcast S2 Ep. 9 – Financial literacy & wealth creation
The Connecting Africa Podcast team spoke to Bamboo co-founder and CEO Richmond Bassey about his fintech app, which is giving Africans global investment opportunities and promoting financial literacy to help grow the wealth of the continent and its people.
Vodacom Q1 revenue jumps 37% on back of Egypt deal, weak rand
Vodacom Group revenue increased almost 37% to US$2 billion for the first quarter of the financial year, due to its addition of Vodafone Egypt and the rand's recent depreciation.
BOSS Money expands into Francophone Africa
Money transfer and remittance service BOSS Money is expanding into Senegal, Côte d'Ivoire, Cameroon, and the DRC.
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Interview: Juliet Ehimuan on Africa's next wave of innovation
Juliet Ehimuan, founder and CEO of Beyond Limits Africa and ex-MD of Google West Africa, spoke to Connecting Africa about the next wave of innovation in Africa and the continent's digital future.
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InDrive enters Zimbabwe's Bulawayo
Ride-sharing platform InDrive is expanding its services to Zimbabwean city of Bulawayo after successfully introducing its services in the capital of Harare in May this year.
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Industry announcements
- Nominations open for Africa Tech Festival Awards 2023
Johannesburg, Thursday, August 24, 2023 - Cybertech Africa: The pan-African event for innovation and networking
Kigali, Rwanda, Wednesday, May 17, 2023
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By Digital Solutions GroupAfrica Tech Perspectives
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The 100 most influential African leaders in 2023
A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.
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Deep dive into East Africa's tech startup ecosystem
New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.
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Challenges and opportunities for women's tech careers
A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.
Upcoming events
Nextv Series Africa
October 4-5, 2023Hotel Sky Sandton, Johannesburg
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023CTICC, Cape Town
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Omdia View: August 2023
By Omdia AnalystsHighlights in August 2023 in the Middle East and Africa included a commercial 5G launch from Ethio Telecom and the signing of a virtual wheeling agreement between Vodacom South Africa and Eskom – that and more in this month's Omdia View.
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Omdia View: February 2023
By Omdia AnalystsIn February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.
