FinTech

  • President John Mahama

    Ghana’s Pres. John Mahama’s Twitter Account Hacked

    Ghana’s President John Mahama’s Twitter (X.com) account was hacked. Here’s a deep dive into the Solana Africa scam. In a shocking turn, Ghana’s President John Dramani Mahama’s official X (formerly Twitter) account was hacked, promoting a fraudulent post about a fake meme coin called Solana Africa. This incident, which...
  • Taskwit WorkForward Forum: Shaping the Future of Work

    Taskwit WorkForward Forum: Shaping the Future of Work.

    The nature of work is evolving rapidly, and staying ahead requires embracing new ideas, technology, and skills - that’s why Taskwit is hosting the WorkForward Forum....
  • Ghana’s Mobile Money Boom: Transactions Soar to GHS 335 Billion

    Ghana’s mobile money transactions soared to GHS 335 billion by the end of 2024, a massive leap from GHS 199.3 billion in December 2023! In recent years, Ghana has witnessed a remarkable surge in the adoption of mobile money services, marking a significant shift in the country’s financial landscape....
  • Mark Elliott, Division President for Africa at Mastercard (left), and Folasade Femi-Lawal, Country Manager and Area Business Head for West Africa at Mastercard (right).

    Tech Meets Finance: Mastercard’s West African Digital Expansion.

    Mastercard has launched its first office in Accra, Ghana, marking a significant expansion of its presence in West Africa. Mastercard announced today a comprehensive expansion of its digital financial services across West Africa, targeting critical markets in Ghana, Côte d’Ivoire, and Senegal. The strategic initiative aims to revolutionize digital...
  • Zeepay Secures $2 Million Funding From Injaro Investment Advisors.

    Injaro Investment Advisors, a leading Ghanaian private capital fund manager, has made a significant equity investment of US$2 million in Zeepay Ghana Limited's Series A.5 round. Zeepay, a wholly-Ghanaian-owned mobile finance service provider, specializes in cross-border payments and mobile money services across Africa and the Caribbean. This strategic investment...
  • african-startups-ecosystem

    African Startups Need An Enabling Ecosystem To Succeed.

    Fintech continues to be the dominant industry within the ecosystem, with the top investment destinations on the continent being Nigeria, Egypt, South Africa, and Kenya. The thriving African startup market is well-positioned to become a pillar of the continent’s digital economy, fostering local innovation through relevant solutions to societal...
  • M-KOPA Unlocks $600 Million in Credit for Underbanked Customers in Africa.

    The fintech platform M-KOPA, which offers digital credit to customers who are underbanked, has announced the publication of its 2021 Impact Report. By utilizing data to link digital micropayments with the Internet of Things technology, M-KOPA, a fintech platform founded in 2011 that offers connected finance and digital...
  • Abeg-App-Piggyvest-2

    Nigeria’s Abeg App Gets Mobile Money Operator Approval, Rebrands to Pocket App

    The Central Bank of Nigeria (CBN) has approved Abeg App, a Piggytech Global Limited product, as a Mobile Money Operator in Nigeria. Abeg Technologies Limited, a division of Piggytech Global Limited, has been given approval in principle (AIP) by the Central Bank of Nigeria (CBN) to operate as a...
  • Ghana’s Fido Raises $30M Series A Round To Aid With Their Planned Expansion.

    With a focus on growing across Africa, Fido, a fintech business with its headquarters in Ghana, has raised $30 million in a Series A round of funding. Fido, a fintech company with headquarters in Ghana, has raised $30 million in a Series A round of fundraising with the goal...