Browsing Tag
mobile money
20 posts
Future of Digital Payments in Africa: Trends, Risks, and Growth
Africa’s digital payments future is being shaped by mobile money, interoperable infrastructure, cross-border rails, and SME-first innovation. The biggest winners will be platforms that make payments faster, cheaper, and easier across fragmented markets.
Latest Fintech Trends in Africa: 2026 Growth & Risks Explained
This article maps the latest fintech trends in Africa for 2026, covering payments, embedded finance, AI-driven credit, BNPL, regulatory shifts, and what founders, SMEs, and investors need to do to win in the market.
How Does Mobile Money Work in West Africa: A Practical Guide
This article explains how mobile money works in West Africa, covering wallets, agent networks, transaction flows, key players, risks, regulation, and business opportunities. It offers practical tips for users, merchants, and entrepreneurs.
CBN to restrict accounts without BVN or NIN from withdrawing
Directing all commercial banks to electronically verify and link BVN or NIN to accounts and wallets by January 31, 2024, the CBN specified that this rule applies to different levels of accounts
37% of Nigerians lost money from an incident involving digital payments
According to the Kaspersky Digital Payment Survey, 37% of respondents from Nigeria experienced financial losses associated with threats…
Mobile money taxation could hamper financial inclusion gains in Africa
In an increasingly digital economy, accelerated by the Covid-19 pandemic, there has been greater collaboration between the private…
Why card and mobile money interoperability are critical to empowering African consumers and entrepreneurs
By Dare Okoudjou, Founder and CEO, MFS Africa When I founded MFS Africa more than a decade ago,…
Global mobile money industry nears one billionth account mark
In 2018, there were more than 866 million registered mobile money accounts in 90 countries, according to the…
WorldRemit and Huawei announce Africa-wide partnership on mobile money
Leading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners…
Youtap partners with Matchmove to provide mobile money solutions
Youtap and MatchMove have announced a partnership that will provide Youtap’s customers in Africa and Asia with an off-the-shelf open-loop payment…