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)

From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
January 27, 2022  |  Global Payments

For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. According to data PYMNTS gathered on cross-border remittances, of the 70% of...

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Afreximbank’s Payment System Goes Live With 12 African Banks
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022  |  Cross-border Payments

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more...

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EMEA Daily: Google, Big Tech Firms Face New EU Regulations, UK Meal Kit Service Gousto Grabs $150M in Funding
EMEA Daily: Google, Big Tech Firms Face New EU Regulations, UK Meal Kit Service Gousto...
January 07, 2022  |  International

In today’s top Europe, Middle East and Africa news, Telkom, the South African wireless provider, has launched an app for its mobile money product, and...

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3 Telco-Driven Apps To Watch in Emerging Markets in 2022
3 Telco-Driven Apps To Watch in Emerging Markets in 2022
January 05, 2022  |  International

Super apps like China’s WeChat have become intrinsic to consumers’ lives, moving beyond messaging apps to cater to a wide array of digital service needs...

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Kenya’s Supply Chain Financing FinTech IMFact Nets $4M
Kenya’s Supply Chain Financing FinTech IMFact Nets $4M
December 27, 2021  |  Investments

Kenyan FinTech company IMFact, which uses supply chain financing to provide working capital to microbusinesses and small- to medium-sized businesses (SMBs), has received an investment...

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Airtel Payments Bank Crests 1B in Transaction Volume
Airtel Payments Bank Crests 1B in Transaction Volume
December 26, 2021  |  Digital-First Banking

Airtel Payments Bank now has over one billion transactions on its platform during September quarter 2021-2022, sources say. This represents around 61% of its year-over-year...

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Nigerian Mobility Tech Startup Metro Africa Xpress Nets $31M for Expansion
Nigerian Mobility Tech Startup Metro Africa Xpress Nets $31M for Expansion
December 22, 2021  |  Investments

Metro Africa Express (MAX), a Nigerian mobility tech startup, has raised $31 million in a Series B funding round and is looking to enter more...

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Car Loans Marketplace Advances Automotive Commerce Across Africa
Car Loans Marketplace Advances Automotive Commerce Across Africa
December 08, 2021  |  Loans

Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in...

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Blockchain Technology Could Solve Many Challenges in Africa’s Payments Space
Blockchain Technology Could Solve Many Challenges in Africa’s Payments Space
December 06, 2021  |  Blockchain

Over the past year, Africa has been widely reported as the next crypto frontier, helped by an under-developed infrastructure and a heavily fragmented digital payments...

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