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

Jumia Counting On Services To Rebound From 70 Pct. Shares Drop

Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020  |  Cross-border Payments

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a...

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Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
Western Union, Bharti Airtel Team For Real-Time Payments Across Africa, India
January 22, 2020  |  Partnerships

Western Union is partnering with global telecommunications firm Bharti Airtel for global money transfers across emerging markets in Africa and India, Western Union announced on...

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Newly Funded Flutterwave Becomes WorldPay’s First African Partner
Newly Funded Flutterwave Becomes WorldPay’s First African Partner
January 21, 2020  |  Investments

Silicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on...

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Goldman Gets Green Light To Operate Bank In South Africa
Goldman Gets Green Light To Operate Bank In South Africa
January 20, 2020  |  Cross-border Payments

As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg...

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TerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
TerraPay/UBA Linkup Enables Real-Time Money Transfers Throughout Africa
December 19, 2019  |  Partnerships

Mobile-first international payment network TerraPay is partnering with UBA Group, a leading pan-African financial services company, to offer real-time money transfer services to existing customers in...

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African FinTech Chipper Cash Gets $6M To Enter New Markets
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019  |  Investments

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6...

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Top News In Payments: ECB To Discuss Central Bank Crypto; Token Launches M10 Networks For ‘Bank-Grade’ Digital Money Rail
Top News In Payments: ECB To Discuss Central Bank Crypto; Token Launches M10 Networks For...
December 11, 2019  |  News

In today’s top news, policymakers at the European Central Bank (ECB) will meet to discuss the pros and cons of launching their own electronic currency....

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Visa, MFS Africa Team To Take Mobile Wallets Cross-Border
Visa, MFS Africa Team To Take Mobile Wallets Cross-Border
December 11, 2019  |  VISA

Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many...

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