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30-10-2014 22:52:00 | by: Administrator | hits: 13810045 | Tags:

NASCU and Mastercard announce landmark agreement to drive financial inclusion in Zambia
20-11-2018 | 11:19:00
NASCU and Mastercard today announced a landmark agreement to drive financial inclusion by extending formal financial products and services to undeserved members of cooperatives.
[South Africa] Fintech company Sureswipe acquires Humble Till
20-11-2018 | 10:11:00
Sureswipe has acquired a 50.1% majority stake in the Point of Sale software company Humble Till, a move which will enhance Sureswipe’s offering to small and medium-sized businesses using card payment solutions in-store.
Morocco creates mobile money service “m-wallet”
19-11-2018 | 07:49:00
Moroccans can now use their mobile phones to send or receive money and pay for services.
Black Friday alert: Popular online fashion shops among top targets for data stealing malware in 2018
15-11-2018 | 17:25:00
As the big annual holiday shopping season gets underway, new Kaspersky Lab research shows that banking Trojans are actively targeting online users of popular consumer brands, stealing credentials and other information through these sites.
Technology gives Kenyan farmers access to transparent marketplace
13-11-2018 | 10:56:00
Twiga Foods, a Kenyan mobile phone platform that sells bananas and other produce from small-scale farmers to local vendors and markets is offering local farmers access to a transparent marketplace.
There are business opportunities in China, South African companies
13-11-2018 | 06:59:00
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
[Nigeria] Mobile money transactions hit N1.2trn in 9 months
08-11-2018 | 09:07:00
Statistics released by the Nigeria Interbank settlement System showed that despite the concerns over slow growth of the electronic payment system, mobile money is gaining traction in Nigeria.
Zara grows African footprint with new online platform
08-11-2018 | 06:35:09
Spanish fashion retailer Zara has launched online sales through a dedicated worldwide online platform bringing its fashions to customers in 106 new markets.
Rwanda, Alibaba partner to launch electronic world trade platform hub
01-11-2018 | 07:27:50
Rwandan President Paul Kagame and Alibaba Group Executive Chairman Jack Ma have witnessed the signing of three Memoranda of Understanding between the Rwandan Government and Alibaba establishing an electronic world trade platform hub in Rwanda.
[Sudan] MTN rewards its operations for their commitment to social good
30-10-2018 | 10:12:00
MTN Group has announced its Sudan operation as the winner of this year’s 21 Days of Y’ello Care employee volunteerism programme. The programme, which ran for 21 days in June, saw over 9000 employees across the company’s footprint dedicating their time and efforts to uplifting local communities.
Amazon Web Services to open data centers in South Africa
29-10-2018 | 05:35:00
Amazon Web Services (AWS), an Amazon.com company, has announced that it will open an infrastructure region in South Africa in the first half of 2020.
Digital technology accelerating cybercrimes in Africa
24-10-2018 | 06:16:00
Cybercrime has become one of the biggest threat to most organisations and businesses in Africa. The threat has continued to accelerate especially due to the power of digital technology and cybercriminals becoming more sophisticated.
Mastercard reinforces commitment to drive digital growth in Zimbabwe
22-10-2018 | 11:22:00
Mastercard President and CEO, Ajay Banga, this week visited Zimbabwe to show Mastercard's support for the country's drive to create a new wave of digital payments and inclusive growth.
[Column] Hannalie Marsh: Payments in Africa drives innovation
18-10-2018 | 11:03:00
There is a great demand in Africa for cross-border payments and a need to regulate the payment industry on the continent while at the same time opening it up to include non-banks.
Jumia Kenya set to grow vendor base by 50% in 2019
17-10-2018 | 04:23:00
Jumia plans to grow its vendor base from the current 10,000 to 15,000 by 2019. The e-commerce leader made this announcement during Jumia Black Friday launch event held at Movenpick Hotel in Westlands, Nairobi.
Mall for Africa to sell cars from United States to buyers in Nigeria
16-10-2018 | 06:13:00
E-commerce platform Mall for Africa has announced that it will add cars from the United States to its list of items for sale.
Senegal leaps from piggy banks to electronic wallets
12-10-2018 | 13:12:00
Since the launch of the first mobile money service in Senegal in 2010, the market for digital financial services (DFS) there has boomed.
GloCash eases money transfer in Africa with BETA version
12-10-2018 | 06:27:05
The GloCash payment app, which is designed to make it much easier for Africans to send and receive cash, is now on BETA and available for limited download to Android devices.
Kenya Postal Corporation seeks partnership with Amazon
11-10-2018 | 07:18:00
Kenya’s postal service provider the Kenya Postal Corporation of Kenya is eyeing a deal with American e-commerce company Amazon that will see it become their official logistics in the country.
Burkina Faso, Senegal and Togo tap into e-commerce opportunities
08-10-2018 | 13:22:00
Burkina Faso, Senegal and Togo need far-reaching reforms of their infrastructure and legal systems to benefit from e-commerce, new studies of the West African countries by UNCTAD have revealed.
Net1 partners with Zapper to deploy QR payment tech across Africa
08-10-2018 | 07:37:00
Provider of secure payment technology Net 1 UEPS Technologies, Inc. has entered into a strategic relationship with Zapper, South African QR payments technology company with more than a million customers.
[SA Business Week] Key sectors appointments and a busy air route
05-10-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
[South Africa] Mastercard, EasyPay introduce app to ease bill payments
01-10-2018 | 07:42:23
South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard.
Jumia and Amadeus partner to launch first Flight Marketplace in Africa
27-09-2018 | 09:15:04
Jumia has partnered with Amadeus, a leading travel technology company to launch the first flight marketplace in Africa.
Moneytrans and Remitly set to expand to Sub Saharan Africa
20-09-2018 | 11:15:31
Moneytrans and Remitly, the largest independent digital remittance company in North America, have entered into a global co-operation agreement.
[South Africa] Wala wins Zambezi Prize for micropayments platform
20-09-2018 | 07:44:00
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
OLX Group invests ZAR 1.4 billion in South Africa’s Webuycars
19-09-2018 | 08:46:00
Naspers’ Classifieds business, OLX Group, has announced an investment of ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars.
MallforAfrica invests in Chinese brands
19-09-2018 | 08:39:09
MallforAfrica (MFA), Africa's largest e-commerce platform, has announced its customers will now be able to purchase products from the most sought-after Chinese brands.
[South Africa] Naspers to separately list as MultiChoice Group on JSE
19-09-2018 | 07:40:00
Naspers has announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange (JSE) and simultaneously to unbundle the shares in this business to its shareholders.
[Nigeria] Access Bank, WorldRemit in instant money transfers deal
19-09-2018 | 06:12:00
International digital money transfer service WorldRemit has partnered with Access Bank for instant money transfers to Access Bank accounts in Nigeria.
Ethiopian Airlines adds Alipay to its mobile payment platform
18-09-2018 | 06:08:00
Ethiopian Airlines has partnered with CellPoint Mobile to accept payments via Alipay – China's leading alternative payment method (APM), in the mobile app of Ethiopian Airlines.
Vibrant mobile money market drives Somalia’s economy
13-09-2018 | 13:32:44
Somalia’s economy is projected to grow at an annual rate of 3–4 percent, according to the third Somalia Economic Update (SEU) published by the World Bank.
Nedbank, Mastercard unveil payment system for South Africa businesses
12-09-2018 | 11:08:00
Nedbank has partnered with Mastercard to launch Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs.
Kenyan new online retailer Hashmart bets big on electronics
12-09-2018 | 05:51:52
Hashmart Kenya, which specializes in electronics says it is positioning itself to give established players in e-commerce segment a run for their money.
Comsol and Samsung lead SA into a brave new era of 5G
11-09-2018 | 13:12:00
Comsol Networks, a leading provider of enterprise-grade wireless infrastructure, and Samsung South Africa have lit up Vilakazi Street in Soweto with a live 5G pilot network.
Kasha, Rwanda’s online health and beauty store launches in Kenya
05-09-2018 | 06:52:00
Rwanda Based women health and personal care e-commerce and mobile platform Kasha, has launched its operations in Kenya.
WorldRemit launches digital money transfer service within Africa
04-09-2018 | 08:49:09
International money transfer company WorldRemit has launched a new digital service within Africa, making it easier to send and receive money across the continent.
Xpress Money augments its presence in the African remittance market
03-09-2018 | 06:59:46
The potent forces of globalization and migration make the global economy a formidable entity. Migration is integral as it helps boost the economy of the host country while simultaneously bolstering the economy of the origin country through remittances.
[Zimbabwe] EcoCash and Mastercard launch Scan & Pay payment platform
30-08-2018 | 14:18:00
EcoCash and Mastercard have announced the launch of EcoCash Scan & Pay, a simple, secure and instant mobile payments solution for consumers and merchants.
[Nigeria] Mobile payments record 4.1% growth in three months
30-08-2018 | 12:40:41
From April to June, a total of 20.7 million transactions were carried out in the country through the mobile payment platforms.
[Nigeria] Azimo partners with Interswitch for cross-border payments
30-08-2018 | 12:22:18
European digital money transfer Azimo has announced a partnership with African payments firm Interswitch Group.
[Nigeria] Startup Paystack, gets $8m funding from Stripe, Visa, others
30-08-2018 | 08:22:00
Paystack, a Nigeria-based startup providing payments tools to businesses in Africa, has raised $8 million in Series A funding.
Jumia Food launches online pre-payments in Kenya and Uganda
29-08-2018 | 09:24:50
Online food delivering company Jumia Food has announced the launch of online pre-payments for its customers in Kenya and Uganda.
SARS is Going After Potential Crypto Tax Evaders in South Africa
23-08-2018 | 13:06:49
In a bid to identify tax evaders, the South African Revenue Service (SARS) is actively working towards identifying and tracking various transactions carried out by cryptocurrency traders.
[Botswana] Farmers blockchain platform set to revolutionise FMS
23-08-2018 | 09:22:56
Plaas, a farmers blockchain platform is set to revolutionize Farmers Management System (FMS) in Africa.
Samsung launches Samsung Pay in South Africa
23-08-2018 | 06:31:03
Samsung Electronics Co., Ltd. has announced that its mobile payment service, Samsung Pay, has launched in South Africa.
[South Africa] Mastercard uses Samsung Pay to promote digital payments
22-08-2018 | 07:01:02
Mastercard is working with participating banks in South Africa to enable Mastercard cardholders to make quick, secure and convenient in-store payments from their mobile devices using Samsung Pay.
Alibaba offers e-commerce training to Rwandan universities
21-08-2018 | 12:27:59
In its quest to train the next generation of global entrepreneurs Alibaba Business School has unveiled a program tailored to educators in Rwanda.
[Kenya] Apptivate Africa targets more companies with e-lunch scheme
17-08-2018 | 06:15:00
Europe’s transformative digital lunch scheme provider is looking to sign in more companies across Africa after a successful two-year test run in Kenya.
Five steps for online startups to take advantage of Black Friday
16-08-2018 | 11:48:00
According to Google Trends last year, South Africa registered the largest ‘Black Friday’ search interest of any country, even ahead of the US where the retail mega-event was conceived.
[Nigeria] Fintech startup secures $13M Series A
16-08-2018 | 10:38:00
Mines, a Nigerian fintech startup re-inventing credit in emerging markets, has closed a Series A round of $13M led by The Rise Fund, a global fund managed by TPG Growth.
[South Africa] Mastercard and Zapper unveil Masterpass digital payment
15-08-2018 | 07:36:00
South Africans can now use Masterpass, a global digital payment service by Mastercard, to pay for goods and services at over 20,000 Zapper merchants in South Africa using their smartphones.
 [Africa Tech Week] African Startups shortlisted for major awards
09-08-2018 | 10:09:00
This has been perhaps one of the busiest weeks for African startups seeking funding to improve the operations or products.
[Cameroon] Bolloré Transport inks deal with Jumia to boost e-commerce
08-08-2018 | 08:58:34
Bolloré Transport & Logistics has signed an agreement with Jumia, a company specialising in e-commerce, and the Cameroon Customs to facilitate e-commerce in Cameroon and contribute to its development.
United Bank for Africa's Leo launched on WhatsApp
07-08-2018 | 15:34:00
Pan-African Financial Institution, United Bank for Africa (UBA) who recently clinched the Euromoney awards as the Best Digital Bank in Africa, is once again asserting itself as a pace setter, moving in leaps and bounds in unchartered territory.
[Nigeria Business Week] Courting economic expansion one deal at a time
03-08-2018 | 21:15:00
International organisations have shown an increased interest in the Nigerian economy since the stablization of the dollar and the exit from the recent crisis that befell the country.
Wirecard launches fully digital payment product in South Africa
03-08-2018 | 09:21:00
Wirecard, the global innovation company in digital financial technology has launched secureEFT in South Africa.
Small merchants can drive financial inclusion in Africa, Mastercard
02-08-2018 | 10:47:10
Enabling higher levels of financial inclusion across Africa means banks and payments companies must drive solutions allowing small and informal merchants to accept digital payments at lower cost.
Kenya Pipeline Company migrates to new e-procurement platform
02-08-2018 | 06:43:00
The Kenya Pipeline Company (KPC) has completed the migration of its manual procurement to the new Supplier Relationship Management (SRM) platform.
[Tanzania] Puma Energy introduces Masterpass QR payment solution
24-07-2018 | 09:57:37
Mastercard has partnered with Selcom to enable local businesses and merchants to accept interoperable digital payments, many for the first time.
UAE Exchange rebrands its Uganda operations as Unimoni
20-07-2018 | 06:44:45
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, has announced the rebranding of its Uganda operations as “Unimoni”.
Online financial transactions in Africa to grow to $3billion by 2020
19-07-2018 | 12:59:08
Close to $100m of fundraising has been injected already in 2018 into Africa’s bourgeoning fintech and mobile payments sector.
Diamond Trust Bank Uganda launches Mastercard premium card solutions
18-07-2018 | 08:43:00
Diamond Trust Bank Uganda (DTB) has announced that it will be offering Mastercard’s premium card payment solutions in the country, which includes the Mastercard Gold Debit Card and Platinum Credit Card.
Afrimart, Pan African pioneer B2B e-commerce platform launched
17-07-2018 | 11:36:56
Pan-Africa’s pioneer Business to Business (B2B) e-commerce platform for made in Africa products, AFRIMART, has officially been launched.
DHL partners MallforAfrica for African-Made products marketplace site
16-07-2018 | 08:35:00
DHL, the world’s leading international express services provider, today announced its partnership with e-commerce giant, MallforAfrica’s new platform, Marketplace Africa, to help online retailers bring African-made products to the US and global market.
WatchBox enters South African market
12-07-2018 | 06:34:00
WatchBox, the global ecommerce platform for the buying, selling, and trading of pre-owned luxury timepieces has announced its expansion into South Africa through a strategic partnership with Topwatch.
GIMAC and TerraPay to grow remittances in Central African states
11-07-2018 | 10:59:00
GIMAC, the regional electronic money transfer platform of Central Africa and TerraPay, the world’s first mobile payments switch have signed a partnership to strengthen the remittances ecosystem in CEMAC region.
[South Africa] Walletdoc launches secure virtual invoicing method
10-07-2018 | 10:12:00
walletdoc, a South African fintech startup, has launched a new way for businesses to collect more money from customers using easy and secure online credit and debit card payments on invoices and statements.
Western Union opens office in Ivory Coast
09-07-2018 | 13:38:00
Western Union, a leader in global cross-border, cross-currency money movement, announced today the opening of an office in Ivory Coast.
Mint enters Africa digital payment processing contract with Mastercard
06-07-2018 | 13:57:09
The Mint Corporation’s subsidiary, Mint Gateway for Electronic Payment Services LLC, has entered into a payment processing services agreement for the processing of Mastercard branded payroll cards in an African based payroll card program.
Mastercard and Selcom collaborate to turn Tanzanian economy cashless
26-06-2018 | 08:55:00
Mastercard and Selcom have expanded their collaboration by signing a seven year strategic partnership agreement to introduce a variety of payment solutions in the country, thus supporting Tanzania’s goal of becoming a cashless economy.
RS Components launches e-commerce platform for Sub-Saharan Africa
22-06-2018 | 11:07:00
RS Components has launched the Africa e commerce site to meet the requirements of a growing continent with demand from various industries.
Online platform launched to support Africa Free Trade Agreement
20-06-2018 | 10:34:00
The African Trade Policy Centre (ATPC) has launched its knowledge platform coming after the historic signing of the African Continental Free Trade Agreement (AfCFTA).
[Nigeria] Union Bank receives PCI DSS recertification
12-06-2018 | 10:02:24
Union Bank announces its attainment of the Payment Card Industry Data Security Standard version 3.2 recertification and the International Organisation for Standardisation ISO/IEC 27001:2013 certification.
Salah Goss to lead Mastercard Labs for Financial Inclusion in Kenya
12-06-2018 | 06:18:00
Mastercard has announced that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya
Cameroon to boost e-commerce with new Commonwealth strategy
07-06-2018 | 12:00:00
Businesses in Cameroon are poised to take advantage of new proposals to boost their digital economy.
First Bank Nigeria, WorldRemit in digital money transfer partnership
06-06-2018 | 06:10:00
Digital money transfer service WorldRemit has joined forces with First Bank of Nigeria Limited (FirstBank) for instant money transfers to First Bank accounts in Nigeria.
Mastercard announces plans for contactless payments in Africa
04-06-2018 | 09:26:52
Mastercard has announced an initiative to create greater payment consistency by making “tap and go” standard in the next five years.
[Cameroon] Ministry of Secondary Education adopts MTN Mobile Money
04-06-2018 | 09:17:00
MTN announces the signature of a Memorandum of Understanding with the Ministry of Secondary Education for the use of its Mobile Money solution for the payment of school fees and related charges in Cameroonian secondary schools.
OROBO allows cross border remittances in West and East Africa
01-06-2018 | 06:49:00
OROBO, the newly-launched money transfer platform from Saana Holdings, is opening up cross- border remittance and bill-payments into Nigeria, Ghana, Kenya, Serria-Leone and supporting financial inclusion in West Africa.
[Tanzania] Tigo Pesa Masterpass QR payments solution goes live
31-05-2018 | 08:34:00
Mastercard and Tigo have announced that Tanzanian’s can now use their Tigo Pesa app to make quick, easy and secure payments with Masterpass QR.
[Column] Llewellyn le Hané: The speed of Technology- Bucks have become bits and bytes
30-05-2018 | 08:27:50
Technology is becoming increasingly safe, online shopping is not a rarity anymore, even here in Namibia.
Ecobank named Africa’s best and most innovative retail bank
29-05-2018 | 06:02:00
Ecobank has won two major awards at the African Banker’s prestigious ceremony held at the Paradise Hotel in Busan, South Korea.
Clothing and electronics top products bought online in Africa, report
25-05-2018 | 09:41:38
The latest report Africa B2C E-Commerce Market 2018, cites sources indicating that online retail sales in the continent are prepared for rapid expansion in the next five years.
[South Africa] DSV ByBox relaunches as DSV Locker to sate growing demand for digitally supported parcel services
23-05-2018 | 08:33:00
The growth of e-commerce has fueled an increased demand for easy and safe parcel delivery in South Africa.
Mastercard, IFC partnership reaches 7.2 million new digital financial service users in Sub Saharan Africa
17-05-2018 | 15:13:05
IFC, a member of the World Bank Group, together with the Mastercard Foundation have released a new report documenting the transformation underway in financial inclusion in Sub-Saharan Africa.
Mastercard, IFC partnership reaches 7.2 million new digital financial service users in Sub Saharan Africa
17-05-2018 | 09:04:00
IFC, a member of the World Bank Group, together with the Mastercard Foundation have released a new report documenting the transformation underway in financial inclusion in Sub-Saharan Africa.
Mastercard survey reveals significant cost savings for African firms switching from daily cash allowance to corporate cards
15-05-2018 | 11:52:00
A recent survey by Mastercard, a leading technology company in the global payments industry, revealed that organizations that switch from Per Diems to corporate card programs benefit from more efficient operational procedures.
TPG Growth acquires stake at Cellulant for $47.5 million
15-05-2018 | 07:08:23
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has signed an agreement to acquire a stake in Cellulant, a digital payments provider that reaches 40 million people across 11 African countries.
[South Africa] Mastercard and Zapper partner to drive digital payments interoperability
14-05-2018 | 07:39:00
South Africans can now use Masterpass, a global digital payment service by Mastercard, to pay for goods and services at over 20,000 Zapper merchants in South Africa using their smartphones.
Perpetual Communications and Annecto in new deal to expand telecom business in Nigeria
09-05-2018 | 06:56:33
Annecto Telecom and Perpetual Communications, a telecommunications company in Nigeria have announced that PCL has selected Annecto Telecom to provide voice, data, SMS and VAS aggregation services in Nigeria.
African Startups wanted for Tech Platform
08-05-2018 | 14:56:00
Africa Business Communities is lauching a Tech Platform and is looking for African Startups for both Interviews and Columnists
Kenya's mobile money payments hit Sh3.7trn in 12 months
07-05-2018 | 12:54:00
Cash transacted via mobile phones hit Sh3.7 trillion in the 12 months through March. This was helped by rising uptake of mobile loans, amidst concern that a lot of the advances go into the fast-growing gambling industry.
[Kenya] Mobile money payments hit Sh3.7trn in 12 months
03-05-2018 | 07:40:00
Cash transacted via mobile phones hit Sh3.7 trillion in the 12 months through March. This was helped by rising uptake of mobile loans, amidst concern that a lot of the advances go into the fast-growing gambling industry.
MTN and Ecobank form task teams for targeted African expansion
01-05-2018 | 06:35:00
MTN and Ecobank are to form task teams to identify the most appropriate financial services products for each of the 13 African markets they plan to target jointly.
Central Bank of Nigeria limits USSD transactions to N100,000 per day
30-04-2018 | 13:15:00
Effective June 2018, bank customers will not be able to use Unstructured Supplementary Service Data (USSD) channel to conduct transactions more than N100, 000 per day.
Lonestar Cell MTN and Youtap launch Momo Pay in Liberia
26-04-2018 | 06:41:00
Momo Pay enables Lonestar Cell MTN customers to 'tap and pay' for goods and services instantly and securely with their mobile phone at the point of sale.
Lonestar Cell MTN and Youtap launch Momo Pay in Liberia
26-04-2018 | 06:24:56
Mobile network operator Lonestar Cell MTN and Youtap have launched Momo Pay, a contactless mobile payment service for Lonestar Cell MTN Mobile Money users in Liberia.
[South Africa] HPS increases Africa presence with Johannesburg office
24-04-2018 | 06:45:10
HPS, a multinational company and provider of electronic payment solutions has increased its presence within Africa with a new office in Johannesburg, South Africa.
Sky.Garden partners with Interswitch to launch Instant mobile money seller payment options for its vendors
20-04-2018 | 11:11:22
eCommerce company Sky.Garden has made groundbreaking implementations to its payments module to ensure real-time payments to their sellers after signing a deal with digital payments firm Interswitch.