MTN Rwanda reported a 14.9% growth in Mobile Money users, reaching 4.4 million in H1 2023, alongside increased service revenue and mobile subscribers. However, profits fell by 43.2% due to currency depreciation and reduced voice call revenue, amid ongoing economic challenges.

The Central Bank of Nigeria has lifted restrictions on 440 individuals and companies previously banned due to their involvement in fintech and forex activities. This follows the unfreezing of accounts for 18 firms tied to concerns over currency manipulation and crypto trading.

Google will require loan apps in Kenya to provide proof of licensing to remain on its Playstore, targeting unregulated operations. This policy aims to protect consumers amid rising complaints about data handling and improper loan practices.

Kenya's Data Protection Commissioner urges caution among citizens regarding the WorldCoin program, which collects sensitive personal data. With 350,000 Kenyans registered for free tokens, officials emphasize understanding data usage before participation.

Chipper Cash plans to acquire Zambian financial services company Zoona to expand its operations across Africa. The merger aims to enhance payment and remittance services, benefiting from Zoona's extensive agent network and complementary products.

VISA opened its first innovation studio in Nairobi, Kenya, focused on advancing digital payments in Sub-Saharan Africa. The studio aims to develop tailored payment solutions and explore emerging technologies, supporting local businesses and partnerships.

DLM Trust refuted claims of a partnership with Patricia Technologies, terminating their escrow agreement due to breaches. Patricia insists its repayment plan will proceed despite this dispute, as customer frustration grows over access to funds after a previous hack.

The financial sector is undergoing a pivotal transformation. While digital financial services have revolutionized accessibility and convenience, they have also introduced challenges such as regulatory uncertainty, inefficiencies in cross-border transactions, fraud risks, and high costs that still li

Visa has unveiled its latest initiative, the Visa Africa Fintech Accelerator program, aimed at supporting and empowering Africa’s expanding startup ecosystem.
According to the fintech giant, the program offers expertise, connections, technology, and investment funding to enable the growth and

Welcome to the wild world of DeFi, where liquidity is the lifeblood, and Uniswap V3 is the latest evolution in decentralized trading.
If you’ve ever dipped your toes into the DeFi pool, you know it can be a bit overwhelming. But with Uniswap V3, you’re about to become the Michael Phelps of liquidit