BankingTechnology

Africa Leads the Global Mobile Money Revolution with $1.1 Trillion in Transactions

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April 24, 2025
Africa has solidified its position as the world leader in mobile money adoption, boasting an impressive 1.1 billion mobile money accounts and facilitating $1.1 trillion in transactions annually. This milestone highlights the continent’s innovation in leveraging mobile technology to drive financial inclusion and economic growth. The remarkable growth of mobile money in Africa is fueled by the…
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Market

Dangote wants improved free trade in Africa

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May 2, 2023
A statement said Dangote who was  represented by the Group Executive Director/Group Chief Risk Officer, Dangote Industries Limited, Dr. Adenike Fajemirokun, said this while speaking in Lagos at the launch of a special publication ‘The world ahead 2023’ by The Economist…
BankingFintech

Visa promises to invest $1 billion in Africa's payment system over the next five years.

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December 17, 2022
Visa has committed to spending $1 billion over the following five years to improve Africa’s payment environment. The international payment company made the investment announcement on Wednesday during the US-Africa Business Forum. The investment will, in the company’s words, “seek to advance resilient, innovative, and inclusive economies across the continent” and…
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Business RanksRanks & Rate

12 of Africa’s fastest-growing companies

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May 5, 2022
*According to FT, because many fast-growing companies are privately held and do not publicly disclose detailed financial data, a ranking such as this can never claim to be complete The inaugural Financial Times (FT) annual ranking of Africa’s Fastest Growing Companies released today, ranks 12 tech companies among top 75 fastest growing companies in Africa. The ranking according to FT, offers a…
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