A technology that allows users to make financial transactions using their mobile devices, facilitating easier access to financial services.
Ugandan fintech MAM Telecom lands $250,000 grant
MAM Telecom Ltd has secured a $250,000 grant from a South African businessman. The funding will be used for regulatory licensing and hiring technical staff.
Kenya Cyber Threats Hit 11 Billion as DDoS Attacks Double
Kenya recorded 11.12 billion cyber threat events between July 2025 and June 2026, a 29% increase from the previous year. DDoS attacks saw a dramatic rise of 114.3%, increasing from 33.7 million to around 72 million events.
Airtel Money’s London IPO faces a smaller raise after investor feedback
Airtel Money is seeking to raise at least $800 million through a London IPO, down from an earlier target of $1.5 billion to $2 billion. The IPO could launch as soon as the week of September 21, although final terms are yet to be confirmed.
PawaPay crosses 3 billion transactions on Africa’s mobile money rails
PawaPay processed three billion mobile money transactions, reaching its latest billion in less than nine months. The company doubled its daily transaction volume to five million payments.
Transforming global finance – leveraging African innovation to power emerging market economies
African fintech companies are expanding into global economies like Brazil, India, Mexico, and China. Stablecoins are enabling faster, cheaper, and more secure cross-border transactions.
