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EthSwitch and the Commercial Bank of Ethiopia (CBE) have held discussions on strengthening collaboration to expand the adoption of instant digital payments and integrate them into everyday transactions across Ethiopia. The meeting, held at EthSwitch’s headquarters, focused on increasing the use of EthioPay Instant Payment services among individuals, businesses and public institutions. The proposed collaboration […]
Mobile money transactions in Ghana reached GH¢518.8 billion in August 2026, reflecting continued growth in the country’s digital payments ecosystem. According to the Bank of Ghana’s September 2026 Summary of Economic and Financial Data, the value of mobile money transactions increased from GH¢509.4 billion in July and was 46.5% higher than the GH¢354.1 billion recorded […]
The Lagos State Lotteries and Gaming Authority (LSLGA), in collaboration with the Federation of State Gaming Regulators of Nigeria (FSGRN), has declared Stake.com’s gaming operations unlawful in Lagos State and across the Federation’s 24 member States. Stake.com is not licensed by the LSLGA or by any FSGRN member State. The company has also failed to […]
Botswana has a phone in almost every hand, but millions of adults still lack access to the formal banking system. Mobile penetration is about 166%, equivalent to roughly 4.2 million connections for a population of 2.5 million. Yet an estimated 38% of adults remain unbanked. Turning that connectivity into a financial tool is where Mukuru […]
SBC Summit will explore how the gambling industry is putting digital assets and blockchain technology into practice with the introduction of a dedicated ‘Crypto & Blockchain’ conference track. Taking place on Thursday, 1 October 2026, at the Feira Internacional de Lisboa, the track will bring together operators, payments leaders, fintech specialists, blockchain professionals and Web3 experts to […]
Technology Localization A European product designed for European connectivity cannot simply be transplanted into Africa and called local. This is where B2B gaming suppliers, fintechs and technology companies need to rethink approach. A platform may have impressive architecture, sophisticated APIs and world -class functionality but can it operate effectively when connectivity is inconsistent, smartphones are […]
Africa fintech story is no longer just about mobile money. The continent is rapidly evolving into a hub for digital lending, embedded finance, cross-border payments, wealth management and financial infrastructure. While mobile money laid the foundation for financial inclusion by bringing millions of previously unbanked people into the formal financial system, the industry has now […]
MPesa Ethiopia has launched a new cardless ATM cash withdrawal service in partnership with Bank of Abyssinia, enabling customers to withdraw cash from supported ATMs without the need for a physical bank card. The new service, which is accessible through the MPesa Super App, allows users to initiate a withdrawal, authorize the transaction and collect […]
African digital payments company SeerBit has integrated PayPal into its platform, enabling merchants in its operating markets to receive payments from international customers directly through its service. The integration is designed to facilitate cross-border transactions and expand the payment options available to businesses selling products and services to customers outside their local markets. With the […]
Ivorian fintech Djamo is preparing a $40 million Series C funding round to support its financial inclusion operations and accelerate expansion across West Africa following its entry into Senegal. Founded in 2020 by co-founders Hassan Bourgi and Regis Bamba, Djamo now has 2 million users. The company offers bank-backed credit cards, mobile loans, and remittance […]
