tagresults

30-10-2014 22:52:00 | by: Administrator | hits: 12730155 | Tags:

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.
[Kenya] Mobile commerce deals pass $10b mark
17-04-2018 | 09:09:34
The value of mobile commerce transactions in Kenya has passed the Ksh1 trillion ($10 billion) mark for the first time.
[Nigeria] Konga and Yudala merge e-commerce operations
16-04-2018 | 09:50:00
Konga, Nigerian online mall and Yudala, African composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.
Tigo Tanzania achieves global mobile money certification
16-04-2018 | 06:30:00
Tigo Tanzania’s mobile financial services business, Tigo Pesa, has received the GSMA Mobile Money Certification, recognizing Tigo’s ability to deliver safe, transparent, reliable and more resilient services that promote consumer rights and prevent malicious transactions.
Diamond Trust Bank partners with WorldRemit to launch instant money transfers to Kenya
13-04-2018 | 13:04:00
Global digital money transfer service WorldRemit has joined forces with Diamond Trust Bank Kenya Limited (DTB) to further expand money transfer in the region.
PayGate rebrands, extends reach into Africa
12-04-2018 | 06:43:12
In a further move to optimize its service offering, DPO Group, Direct Pay Online, will be rolling up its Southern African payment service providers (PSP’s) group into the consolidated brand of DPO PayGate.
WorldRemit partners with Lebara to connect new customers to its money transfer service to Africa
10-04-2018 | 10:24:00
Lebara and WorldRemit, two leading brands serving international residents, have entered into a strategic partnership making WorldRemit the exclusive global money transfer partner of Lebara.
$1 billion in transactions processed on Ecobank Mobile App in Africa in 18 months
10-04-2018 | 06:56:00
The Ecobank Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago.
[Nigeria] Fintech startup Zoto grows transaction base by 56%
09-04-2018 | 11:21:00
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year.
[Kenya] Safaricom partners with Paypal and Transferto to allow transfer of funds to and from MPESA
09-04-2018 | 09:20:00
Safaricom, PayPal and TransferTo have announced a collaboration on a new service that will allow movement of funds between M-PESA and PayPal accounts, a huge boost to international eCommerce.
South Africa, Kenya and Morocco drive Africa online retail sales, yStats.com report
06-04-2018 | 11:37:51
Online retail sales in Africa accounted for less than one per cent of the global total last year, even though some nations have already undergone a rapid growth period.
[Interview] Shane Leahy, CEO, Tola Mobile
05-04-2018 | 13:06:28
Tola Mobile has positioned itself as a one stop shop for merchants to connect with different types of mobile wallets, offering an easy process to take payments from across several markets and industries.
Mall for Africa launches affiliate program in Africa
05-04-2018 | 07:04:00
Mall for Africa, the e-commerce and m-commerce platform, announced today the launch of its affiliate program. Those who refer traffic to the Mall for Africa website will receive an affiliate fee every time one of their readers makes a purchase.
[Interview] Peter-John Woest, Sales Manager, CAD4Africa, South Africa
03-04-2018 | 12:56:00
Peter-John Woest is Sales Manager in the South African eCommerce site, CAD4Africa, a provider of design technology that is now expanding into Nigeria and Kenya.
[Column] Vahid Monadjem: Mobile money partnerships present an opportunity for banks in emerging markets
27-03-2018 | 08:31:00
Over the past decade, mobile money adoption has skyrocketed - a phenomenon that has primarily been driven by growth in sub-Saharan Africa.
SimbaPay partners with Interswitch to launch Pan-Africa remittances chatbot
26-03-2018 | 10:32:55
SimbaPay, a London based digital money transfer provider, has launched an Artificial Intelligence powered chatbot service which now makes International Money Transfer remittance possible with only an SMS.
CAD4Africa launches Nigeria and Kenya eCommerce sites
26-03-2018 | 07:00:00
CAD4Africa is South Africa's largest CAD (Computer Aided Design) software eCommerce site that is disrupting traditonal reseller model in CAD industry.
Bitpesa, the holy grail of Africa’s cryptocurrency
23-03-2018 | 09:45:00
BitPesa, a cryptocurrency based money transfer platform in Africa has redefined buying and selling of frontier currencies in the continent.
Ghanaian Government reschedules mobile money interoperability to May
22-03-2018 | 12:02:00
The Ghanaian Government has disclosed that it will roll out the mobile money interoperability system in May this year.
[Column] Jens Ischebeck: How East African students can pay for online courses
22-03-2018 | 09:25:00
With developing technology that has promoted reliable and stable internet connectivity among east African countries, students from the region can now take their courses in the comfort of their homes.
Amanbo bridges trade gap between Africa and China
20-03-2018 | 06:30:00
An e-commerce platform has been linking African manufacturers with Chinese customers, and vice versa, for the past few years.
[Nigeria] LoyalBonus launches loyalty reward to customers on each purchase
20-03-2018 | 05:43:00
Loyalbonus a leading e-commerce company in Nigeria, has launched a loyalty reward bonus to both new and existing customers of the company’s marketplace.
Nigerians prefer mobiles phones to computers in online shopping, Jumia report
16-03-2018 | 13:12:24
A recent report on the Nigerian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed an 11% increase in the number of Nigerians who visited the Jumia Website via their mobile phones, 79% in 2017 versus 71% in 2016.
Zensar and Microsoft extend digital, cloud and big data partnership in South Africa
16-03-2018 | 10:29:00
Zensar, a digital solutions and technology services company has announced an extension of its managed partner relationship with Microsoft in South Africa.
African businesses should embrace cross-border e-commerce, DHL report
16-03-2018 | 06:04:53
Cross border e-commerce continues to provide significant growth opportunities for retailers and manufacturers with an international online product offering.