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Safaricom is experiencing rapid growth in Ethiopia, with its flagship mobile money platform, M-PESA, reaching 5.2 million active users, a 258.5% year-on-year increase in the quarter ended December 2025. The surge follows M-PESA’s integration with EthSwitch in October 2025, a move that has significantly expanded interoperability and accelerated adoption across Ethiopia’s digital payments ecosystem. According […]
The Federal High Court of Ethiopia has issued a ruling to fully release the bank accounts of Kacha Digital Financial Services S.C., a leading fintech company and the country’s first privately licensed mobile money operator. The decision marks a significant development for the company and the broader digital financial services sector. In its ruling, the […]
Mobile money transactions in Ghana reached GH¢447.4 billion in February 2026, reinforcing the channel’s role as the country’s leading digital payment platform and a major driver of financial inclusion. The Bank of Ghana’s Summary of Economic and Financial Data (17 March 2026) shows the February 2026 value rose sharply from GH¢316.2 billion in February 2025, […]
PrideBet has launched in Zimbabwe, marking a key step in the company’s expansion across Africa’s fast-growing digital gaming and betting markets. PrideBet’s entry reflects a focus on high‑growth markets. Rising smartphone adoption, improved digital infrastructure and a young, tech‑savvy population are boosting demand for online betting in Zimbabwe. The country’s gaming sector has gained momentum […]
betPawa has launched a mobile-money solution that delivers instant match bonuses to football and basketball players across African leagues through its Locker Room Bonus programme. The initiative tackles a common problem in many African sports: payment delays that can stretch weeks or even months after matches. With the Locker Room Bonus, athletes receive cash rewards […]
Angola has introduced a tax exemption for transactions conducted through authorized mobile payment and instant transfer platforms, effective January 1, 2026. This initiative aims to reduce transaction costs and enhance the efficiency of digital payments, particularly benefiting the country’s regulated gambling industry by making deposits and withdrawals faster and more affordable. The reform encourages gambling […]
Airtel Nigeria financial arm, SmartCash Payment Service Bank (PSB), has reached a significant milestone of nearly three million active users. The company defines an active user as someone who has transacted within the last 30 days. This is a much stricter standard than the six-month window many traditional banks use. Usage metrics over 60 and […]
In a region where over half of adults were unbanked as recently as 2021 (World Bank Global Findex), where the naira has significantly lost value in recent years, and where 60 million people gamble daily, the traditional rules of online gambling no longer apply. Shuffle.com a crypto-native casino operates without a bank account, credit card, […]
A mobile money vendor in Chingola, Obby Chishala, has been arrested for fabricating a story about being robbed to conceal his misuse of customer funds, shedding light on the growing concerns surrounding financial ethics in Zambia’s rapidly evolving digital payment landscape. According to Pathias Siandenge, the 37-year-old Copperbelt Police Chief, reported to the police that […]
Yonna Group, through its fintech subsidiary Yonna Wallet, has signed a landmark partnership with the Government of The Gambia, represented by the Accountant General’s Department, to digitalize government payments nationwide. The service is now live on the Yonna Wallet app, allowing Gambians to pay for business registration, licenses, rates and other government services securely and […]
