Tag: Fintech Africa

Morocco commits $8.6B to expand telecoms, boost 5G access nationwide
BusinessTechnology

Morocco commits $8.6 billion to boost telecom sector, expand 5G access

Morocco is ramping up investment in its telecom sector, committing $8.6 billion to expand high-speed internet and roll out 5G, part of a broader push to strengthen its digital economy and attract investment. The plan reflects a wider shift across Africa, where governments are upgrading networks to support growing demand for data, digital services and online business.  The North African…

Oluwatosin Alao Oluwatosin Alao
EIB Global invests $46M in Speedinvest fund to back African tech startups
BusinessTechnology

EIB Global invests $46 million in African tech fund to boost startups

Africa’s startup scene is attracting renewed investor interest as demand grows for digital services across the continent. From payments to healthcare, young companies are stepping in to fill gaps in fast-changing economies.  That shift is drawing support from global institutions. EIB Global has committed $46 million to an Africa-focused venture capital fund managed by Speedinvest, adding fresh backing for early-…

Oluwatosin Alao Oluwatosin Alao
Visa and Bank of Abyssinia expand partnership to boost digital payments
BusinessTechnology

Visa teams with Bank of Abyssinia to drive Africa digital finance

Global payments company Visa Inc. is deepening its presence in East Africa with a renewed agreement with Bank of Abyssinia, a move aimed at widening access to digital payments in Ethiopia.  The deal comes at a time when Ethiopia’s financial system is changing quickly. More people are using smartphones, regulators are opening the sector, and businesses are looking for faster,…

Oluwatosin Alao Oluwatosin Alao
Hot NewsTechnology

Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million digital wallet users and mobile transactions rising sharply.

Omokolade Ajayi Omokolade Ajayi
Africa's Fintech
Hot NewsTechnology

Africa’s fintech surge: Mobile banking draws billions in global investment

Africa’s fintech boom, powered by mobile banking and billion-dollar investments, is driving unprecedented financial inclusion and innovation across the continent.

Feyisayo Ajayi Feyisayo Ajayi
Africa's Fintech
BusinessHot News

Africa’s fintech surge: Mobile banking draws billions in global investment

Mobile-first fintech is reshaping Africa’s economy, expanding access, drawing billions in funding, and driving inclusive financial innovation.

Mary Akomolafe Mary Akomolafe