Ripple targets Africa’s cross border payments market through Chipper Cash deal
Ripple partners with Chipper Cash to launch XRP payments for 5 million users in Africa, targeting $2.2 trillion remittance ...
Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa
Djamo, which serves over 1 million users in Francophone Africa, has raised $17 million to scale digital banking services ...
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South Africa 2025 budget deadlock: Can Treasury guarantee the payment of social grants?
Although the financial year starts on 1 April, the department noted that the Appropriation Bill is always passed later ...
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PAPSS African Payment System Debuts in Rwanda, Kenya
This week, the Pan-African Payment and Settlement System (PAPSS) was launched in Kenya and Rwanda. Launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union ...
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Africa’s mobile payment boom demands robust security to safeguard growth
By the end of 2025, mobile payments in Africa are projected to surpass $20n, fuelled by cross-border remittances, e-commerce and even the explosive growth of mobile gaming. In South Africa alone, over ...
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Role of private-sector in building robust payment ecosystems in Africa
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Get this delivered to your inbox, and more info about ...
Spotify royalty payouts to Nigerian, South African artists boom in 2024
Audio streaming giant Spotify's royalty payments to artists from Nigeria and South Africa - its two biggest African markets - ...