The Backend: Why your refunds take forever and how Recital is fixing it
Recital aims to automate the reconciliation process for failed bank transfers, reducing time and errors. The platform's automated reconciliation engine can check against multiple sources, cutting down operational time by 93%.
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.
Naira Boost, improved revenue drives IHS Towers to profitability since 2021
IHS Towers recorded a profit of $30.7 million in Q1 2025, ending a streak of losses since 2021. The company had a $1.5 billion loss in Q1 2024, showcasing a significant turnaround.
Students heave sigh of relief following MTN’s come back to Kogi
MTN Nigeria restored network services in Kogi State after a two-week shutdown. The shutdown was due to a tax and regulatory dispute with the Kogi State Government.
Airtel Mobile Commerce Debuts a New Payment Solution
Airtel Money GlobalPay Card launched to connect customers with global online marketplaces. Collaboration with Mastercard to empower 150 million mobile users in Africa.
