Africa’s remittance networks could become the foundation for a much broader financial ecosystem connecting diaspora communities, businesses, payments, trade and investment across Africa, Europe and North America.
Category: Finance
Finance insights covering banking, fintech, investment, financial services and market developments shaping Africa’s economy.
Southern African Fraud Prevention Service Prevents R7.44 Billion in Potential Fraud Losses
The Southern African Fraud Prevention Service saved its Members more than R7.44 billion in potential fraud losses in 2025, as rising vishing, identity theft, document forgery and money mule networks highlight the growing threat of organised financial fraud across Southern Africa.
What happens when financial inclusion outpaces financial literacy?
Kenya has made remarkable progress in financial inclusion, but access to financial services is not the same as financial understanding. Christine Wachira examines why financial literacy, consumer protection and practical money skills must keep pace with the country’s rapidly digitising financial system, particularly for young people.
Prepay Services Appoints Peter Cox as Group Non-Executive Chairman Ahead of South Africa Launch
Prepay Services has appointed payments veteran Peter Cox as Group Non-Executive Chairman as the fintech prepares for its commercial launch in South Africa and wider expansion across Africa.
South Africa’s Crypto Rules Could Change How Regional Remittances Are Settled
South Africa’s proposed crypto rules could allow authorised providers to use crypto behind the scenes to settle selected regional remittances.
South African Farmers Receive First Carbon Revenues from Grassland Restoration Project
South African farming communities have received their first carbon revenue payments from the GRASS project, showing how carbon finance can create new income opportunities while supporting regenerative agriculture and climate resilience.
Africa’s Digital Banking Revolution: How Mobile-First Fintech Platforms Could Shape the Future of Finance
Africa’s fintech revolution is entering a new phase. From M-Pesa and mobile payments to AI-powered banking platforms, digital finance is reshaping how individuals and businesses access financial services across the continent.
In a World Remade by Force, Africa Must Bet on UN Tax Rules
As UN negotiations on a global Convention on International Tax Cooperation resume, economist Léonce Ndikumana argues that Africa must push for fairer international tax rules to curb illicit financial flows, reduce capital flight, strengthen tax transparency, and secure sustainable revenue. The article explores how global conflicts, debt pressures, and outdated tax systems undermine Africa’s economic resilience, while outlining key reforms that could reshape international taxation and support long-term development.
South Africa has too many ways to pay and not enough ways for consumers to understand them. Will these make Cards extinct?
South Africa’s payments landscape is evolving rapidly, with digital wallets, PayShap, QR codes, Buy Now Pay Later (BNPL), and instant bank transfers expanding consumer choice. However, widespread adoption remains constrained by limited consumer education, trust, and operational complexity for merchants. This article explores why payment cards continue to dominate despite the rise of alternative payment methods and explains what the industry must do to drive meaningful digital payment adoption.
The Risk Problem with Investors Treating African Energy as One Market
Africa’s energy sector offers major investment opportunities, but treating the continent as a single market can lead to costly mistakes. This analysis explains why investors need jurisdiction-specific risk management, highlighting how regulatory frameworks, currency volatility, infrastructure constraints, and political conditions differ across African countries. It explores practical strategies for managing long-term energy investment risks and financing renewable energy projects.