Nikki Kettles, Licences and Payments Regulation Executive at Mukuru, discusses how regulatory barriers often limit fintech innovation and hinder access to financial services for these communities. She highlights the importance of collaboration between fintechs and regulators in overcoming barriers to innovation and expanding access to financial services for underserved communities. Mukuru’s success in holding 49 licenses across 15 countries underscores its deep commitment to working closely with regulators while expanding financial access.
Category: Finance
Finance insights covering banking, fintech, investment, financial services and market developments shaping Africa’s economy.
African companies must recognise strategic M&A as the most viable exit strategy, says investment bank CEO
Victor Basta, CEO of investment bank DAI Magister, discusses the ways in which African CEOs can maximise valuations by ensuring they are bought (not sold). This includes leveraging increased interest from overseas acquirers, ensuring buyers possess the financial capacity to meet expected asking prices and stress-testing business plans to stand up to buyer due diligence.
Remain vigilant in the face of increased banking scams urges the SAFPS
The end of the year is fast approaching, and with it, the festive season and general anticipation for that hard-earned vacation that many South Africans work so hard for during the year. While this is a time of good cheer and increased shopping activity to prepare for the December break, it is also a busy time for scammers who want to take advantage of this activity. Many South Africans have recently contacted a popular Johannesburg radio station reporting increased attempts at banking fraud, with scammers sometimes becoming increasingly aggressive and convincing.
Tapping into India and Africa’s strengths to drive a financial revolution
Vinesh Kassen, Head of India Client Coverage at Absa CIB, explores how successful digitisation projects have revolutionised the way that India and Africa interact with financial services, and why leveraging both regions’ capabilities will help deepen ties.
Problems And Prospects Of Family Businesses: Trusts, ESG, NextGen, And What Is Needed For Success
Interview with Faizal Bhana, Director, Middle East, Africa and India, Jersey Finance, delves into the evolving landscape of family businesses and how they navigate the diminishing trust advantage amid rising ESG (Environmental, Social, and Governance) demands and NextGen aspirations.
ShafDB signs MOU with CPF Group to scale up development of affordable housing
The agreement seeks to provide a platform for intervention across the affordable housing value chain.
Insurance has a crucial role to play in driving the sustainability of farming and give impetus to Zambia’s socio-economic development
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.
APA Insurance and Hollard International commence collaborative operations
Collaborative effort to drive change in East Africa’s Insurance market
Global African Hydrogen Summit Channelling Capital Towards Critical Sectors For Sustainable Development
With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. Southern Africa, with its abundant renewable resources, is poised to become a leading exporter of green energy.
Millennials will drive the growth of insurance in Africa
The insurance industry in Africa is undergoing significant transformation, marked by evolving consumer needs, technological advancements, and shifting demographics. Among the most influential demographic groups driving this change is the Millennials generation, born between 1982 and 1994. According to market research firm, IMARC Group, the African insurance industry is expected to grow by 6.3% between 2024 and 2032, after reaching US$ 87.4 billion by 2023.