Success in the digital payment space will hinge on the ability of new players and incumbents to converge the physical and digital experience into a seamless continuum for the customer. Extending the digital solution to a cash-based customer requires a “phygital” approach, writes Juan Seco, Chief Growth Officer at Mukuru.
M-KOPA announced the release of its 2021 Impact Report. As a mission-driven company, M-KOPA’s tremendous growth is rooted in commitment to both commercial and social goals. The report presents findings on M-KOPA’s smartphone, solar and cash loan customers across Kenya, Uganda, Nigeria and Ghana. While much of the impact has been realised in East Africa, M-KOPA recorded […]
Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]
77% of respondents in the GCC access digital banking services at least once a week 44% are willing to switch to a different bank due to poor customer relations 31% perceive their bank’s current offering of access to online banking services as weak Consumer appetite for digital banking services continues to grow in the countries […]
by Johan Burger Introduction Africa is a bit of an anomaly as far as agriculture is concerned. On the one hand, it has 65% of the world’s available uncultivated arable land, and it has the potential to feed the world. However, a country such as the Democratic Republic of the Congo (DRC), which has the […]
On March 29, 2023, two early-stage African companies took first place in the finals of the world’s largest independent start-up competition. The rise of the African techpreneur on the global stage was evident in the announcement of the overall winners of the 2022 Global Startups Awards (GSA), considered the world’s gold standard for startups. The […]
African PE (Private equity) firms raised less than $20bn in the decade to 2018, equivalent to just 2.5 per cent of the capital raised by the world’s emerging markets, according to a Preqin report. Moreover, most of that African capital was invested into the relatively advanced economies of South Africa and North Africa, with very […]
The piece, “The Rise of Fintech Innovation in SA: Going Beyond Payments to Transform Access and Opportunities for Startups,” discusses how fintech solutions have revolutionized how these businesses operate, providing access to affordable financial services, business management tools, and support.
This article offers valuable insights into the growing fintech ecosystem in South Africa and its potential to drive economic growth.
With Zambia having recently commemorated Farmer’s Day and the contributions and work made by farmers in the agricultural sector in the country, Hollard has highlighted the importance of ensuring the sustainability of farming in the country, by providing adequate disaster risk financing mechanisms as a means to protect farmers against natural and man-made disasters.
Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued pivotal role in fostering economic resilience and sustainable growth across key sectors of the economy.