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

How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
July 06, 2023  |  Digital Payments

In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a...

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Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

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Visa Launches Africa FinTech Accelerator for Startups
Visa Launches Africa FinTech Accelerator for Startups
June 14, 2023  |  Startups

Visa has launched a program to help promote Africa’s growing startup community. The company’s Africa FinTech Accelerator, announced Wednesday (June 14) will help up to...

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Flutterwave Taps Token.io to Add Pay-by-Bank Capabilities
Flutterwave Taps Token.io to Add Pay-by-Bank Capabilities
June 06, 2023  |  Payment Methods

African FinTech Flutterwave has begun offering pay-by-bank transfers through a partnership with Token.io. “Our partnership with Token.io will make it even faster and easier for...

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Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
May 19, 2023  |  Investments

Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi...

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M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
May 15, 2023  |  Investments

M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to...

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Wasoko Expands African B2B eCommerce Marketplace Into Zambia
Wasoko Expands African B2B eCommerce Marketplace Into Zambia
May 11, 2023  |  eCommerce

B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable...

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Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
Digital Escrow Helps Africa’s SMBs Bridge Trade Trust Deficit
May 10, 2023  |  Cross-border Payments

An estimated $5 billion is lost annually in intra-African trade. And apart from the high trade costs associated with operating in a highly fragmented region,...

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Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
Is M-Pesa Missing Link to Accelerating Kenya’s Real-Time Payments Adoption?
May 05, 2023  |  Real-Time Payments

Kenya is known as the home of mobile payment system M-Pesa, and it is also one of the few African countries to have made significant...

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