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FinTech

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Mastercard, Onafriq partner to bring secure payments for SMEs

Global payments firm Mastercard and pan-African payments company Onafriq have partnered to bring secure payments to consumers and small and medium enterprises (SME) across the continent.

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I&M offers free mobile money transfers to SMEs in Kenya

Pan-African banking group I&M is offering free M-Pesa and Airtel Money transfers to solo business owners.

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Connecting Africa Podcast: S3 Ep. 2 – Nigeria's king of micro-payments

On this episode, we speak to Touch and Pay Technologies Co-Founder and Chief Growth Officer Michael Oluwole about how the startup is digitizing and processing micro-transactions in Nigeria's transport sector and his aspirations to grow the service across the continent.

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Paymentology looks to strengthen its African roots

Global issuer-processor Paymentology's CEO Jeff Parker spoke to Connecting Africa about the company's African roots and aspirations to work with more banks, fintechs and enterprises both on the continent and globally.

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

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.

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

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.

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MTN grows revenue, but naira slump pulls profit down

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.

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West Africa has become mobile money powerhouse – GSMA

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.

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Kuda secures licenses in Tanzania and Canada

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

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African governments must be enablers of innovation

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.

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Kenya's central bank grants 19 digital lenders licenses

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.

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

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Innovation hub

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Four agritech startups to watch in 2024

Connecting Africa has compiled a list of four agritech startups that are making a difference in the communities they serve.

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Paymentology looks to strengthen its African roots

Global issuer-processor Paymentology's CEO Jeff Parker spoke to Connecting Africa about the company's African roots and aspirations to work with more banks, fintechs and enterprises both on the continent and globally.

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Upcoming events

Africa Tech Festival 2024
November 11-14, 2024
Cape Town, South Africa
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Africa Tech Perspectives

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Uber's Marjorie Saint-Lot on inclusion and sustainability in Africa

Uber's Country Manager for Ghana and Cote d'Ivoire, Marjorie Saint-Lot, shares how the ride-hailing company is approaching public-private partnerships, environmentally friendly initiatives and gender inclusion in Africa.

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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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Guest Perspectives

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Omdia View: February 2024

By Omdia Analysts

Highlights in February 2024 in the Middle East and Africa included 5G launches in Senegal and 5G trials in Egypt as well as Kenya's first 5G MVNO. Airtel also launched a new wholesale connectivity business while MTN and Huawei are planning a joint Innovation Technology Lab in South Africa – that and more in this month's Omdia View.

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Omdia View: January 2024

By Omdia Analysts

Highlights in January 2024 in the Middle East and Africa included a $200 million fintech deal between MTN and Mastercard as well as 5G network trials by Telecom Egypt – that and more in this month's Omdia View.

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