Kenya has given its central bank greater control over foreign stablecoins as East Africa moves towards more integrated cross-border payments. EBC Financial Group’s David Precious explains what the new rules could mean for businesses and regulators.
Category: Finance
Finance insights covering banking, fintech, investment, financial services and market developments shaping Africa’s economy.
Ericsson and FIS Partner to Simplify Wallet-Led Digital Financial Services
Ericsson and FIS are planning a pre-integrated platform that combines digital-wallet infrastructure with payments and issuing capabilities.
From Remittances to Financial Connectivity: Africa’s Next Cross-Border Opportunity
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.
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.