Nigeria Central Bank Rolls Out New Digital Platform to Unlock $1B Monthly Remittances
CBN launched the NRBVN platform to help Nigerians abroad obtain BVNs remotely. The initiative aims to boost monthly diaspora remittances to $1 billion.
Uber pilots two wheeler service in Johannesburg, eyes untapped South African market
Uber is piloting Uber Moto in Johannesburg to target the two-wheeler market. The initiative aims to solve first- and last-mile transportation gaps in South Africa.
Google for Startups Accelerator Africa Opens Applications for 2025 AI-Focused Cohort
Google for Startups Accelerator Africa is open for applications for its 2025 cohort. The program supports Seed to Series A tech startups across Africa leveraging AI.
Mobile Money Transaction Values Hit $1.68 trillion
The mobile money industry exceeded two billion registered accounts and over 500 million active monthly users for the first time in 2024. Mobile money users conducted approximately 108 billion transactions in 2024, totaling more than $1.68 trillion in value.
Stablecoins Are the Future of Financial Inclusion, Says to D24 Fintech Group
Stablecoins account for approximately 43% of cryptocurrency transactions in Sub-Saharan Africa. Global currency devaluations are impacting financial well-being, leading individuals to seek alternatives.
