Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition
Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition
December 19, 2024  |  Acquisitions

PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense...

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  VISA

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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Mastercard Launches Tokenized Card-Based Bill Pay Solution
Mastercard Launches Tokenized Card-Based Bill Pay Solution
October 28, 2024  |  Mastercard

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally,...

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Visa and littlefish Team to Help Africa’s MSMEs Go Digital
Visa and littlefish Team to Help Africa’s MSMEs Go Digital
October 17, 2024  |  Digital Payments

Visa is teaming with littlefish, an omnichannel platform that helps financial institutions serve small businesses. The  partnership will support micro, small and medium-sized businesses (MSMEs)...

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Mastercard, Amazon Team to Digitize Payment Acceptance in MENA, S. Africa
Mastercard, Amazon Team to Digitize Payment Acceptance in MENA, S. Africa
September 30, 2024  |  Digital Payments

Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East.  The partnership between Mastercard and Amazon Payment Services, announced Monday...

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JPMorgan Aims to Expand in Africa and Scandinavia
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024  |  Banking

America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand...

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AI’s Language Leaps May Speak to Business Frontier’s Shift
AI’s Language Leaps May Speak to Business Frontier’s Shift
September 12, 2024  |  artificial intelligence

New research is shedding light on how artificial intelligence language models handle multiple languages, a capability with potential implications for global commerce. African tech firms...

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Report: Democratic Republic of the Congo Cancels Digital Identity Project
Report: Democratic Republic of the Congo Cancels Digital Identity Project
September 03, 2024  |  Digital Identity

The Democratic Republic of the Congo has reportedly canceled what would have been one of the most expensive digital identity projects ever executed. The country canceled...

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Nala Raises $40 Million to Expand Consumer Business Beyond Africa
Nala Raises $40 Million to Expand Consumer Business Beyond Africa
July 12, 2024  |  Investments

Nala raised $40 million in a Series A funding round to expand its consumer business beyond Africa and to build its B2B payment platform for Africa....

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