Network International has announced a strategic partnership with the National Union Bank (NUB) of Libya, a collaboration designed to modernise the country’s banking sector and expand access to innovative, secure financial services. This marks an important milestone for Libya’s financial industry as it continues to push towards a more inclusive, digitally enabled banking environment. The…
Fincra, a leading African payment solutions provider, and Reap, a global leader in blockchain-enabled business account management, have entered into a strategic partnership to revolutionize cross-border payments between Africa and Asia. The Memorandum of Understanding (MoU) marks Reap’s first official entry into the African market and is set to unlock new possibilities for trade, financial…
I\&M Bank Tanzania has entered into a strategic partnership with Pesapal Tanzania, a licensed payment service provider and digital solutions company, in a move set to transform digital payment experiences for businesses across the country. This collaboration positions I\&M Bank Tanzania to enhance its service offering by granting Business customers access to Pesapal’s suite of…
Visa has unveiled Visa Pay in the Democratic Republic of the Congo (DRC), marking a significant milestone in expanding access to digital financial services across the region. This innovative mobile-first solution provides both banked and unbanked consumers with secure, interoperable ways to pay, get paid, and move money across participating banks and mobile networks. With…
GCB Bank has taken a bold step in positioning itself as a key enabler of Ghana’s creative economy by engaging TikTok and government officials to explore a reliable and comprehensive payment solution for local content creators. A delegation from the bank, led by Chief of Staff Mr. Abraham Ferguson, met with Hon. Samuel Nartey George,…
MTN South Sudan has officially launched its new MoMo campaign, “Mata fekir,” a mobile money initiative designed to transform financial access and inclusion in one of Africa’s least-banked nations. The launch event, held at the Pyramid Continental Hotel in Juba, brought together government regulators, financial institutions, and private sector leaders, marking a critical milestone in…
Egyptian fintech startup Munify has successfully raised US\$3 million in a seed funding round led by Y Combinator, with additional backing from BYLD and Digital Currency Group. The funding marks a major milestone for the startup, positioning it to accelerate engineering, compliance, and market expansion, while also strengthening its role in transforming financial services for…
The Federal Airports Authority of Nigeria (FAAN), in partnership with Paystack, has introduced a tap-to-pay NFC card system at Lagos and Abuja airports, setting the stage for a nationwide rollout by the end of 2025. This new system allows drivers to pay airport access fees with a single tap of a prepaid card at entry…
