The Real Test for Mobile Finance in Africa
Africa's youth are influencing innovation in financial services through mobile technology. Nearly 30% of adults in developing economies remain unbanked, with financial exclusion affecting women and rural populations.
Fintech Duo Collaborate to Tackle Remittance Costs in Africa
Sub-Saharan Africa has the highest remittance costs globally, averaging 8.72% for sending $200 in 2022. 52% of adults in sub-Saharan Africa lack access to formal financial services.
Moroccan AgriTech Startup Sand to Green Secures $50K Grant to Boost Sustainable Farming Expansion
Sand to Green secured a $50,000 grant at the DeepTech Summit 2025. The grant will support the company's expansion plans across Africa, the Middle East, and Southern Europe.
How is Fintech Shaping SA’s Digital Payment Infrastructure?
Fintech is transitioning from a payment facilitator to a crucial infrastructure provider for commerce and financial inclusion. South Africa has a banking penetration of around 80%, yet credit card ownership ranges between 8 and 19%.
Nigeria’s inflation eases to 23.71%, reducing possible rate hike
Nigeria's consumer price inflation decelerated to 23.71% year-on-year in April. Food prices like maize, wheat, and yam contributed to the decline in inflation.
