Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

TerraPay and Safaricom Team on Cross-Border Payments
TerraPay and Safaricom Team on Cross-Border Payments
July 19, 2023  |  Cross Border Commerce

Payments infrastructure TerraPay has launched a cross-border remittance partnership with Kenyan telecommunications firm Safaricom. The collaboration, announced Wednesday (July 19), will operate through TerraPay’s remittance...

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Flutterwave Launches Tuition to Pay School Fees in Local Currencies
Flutterwave Launches Tuition to Pay School Fees in Local Currencies
July 11, 2023  |  Payment Methods

Flutterwave has launched a product to help African students pay school fees when studying abroad and at home. The new payment product, Tuition, will enable African users...

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Afreximbank and Fiducia Partner on Supply Chain Finance in Africa
Afreximbank and Fiducia Partner on Supply Chain Finance in Africa
July 06, 2023  |  Partnerships

Afreximbank and Fiducia have partnered to address the “supply chain finance gap” in Africa. The bank and the supply chain financing firm have formed a strategic partnership in which Afreximbank...

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How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
How Digital Innovation Is Unifying Africa’s Fragmented Payments Landscape
July 06, 2023  |  Digital Payments

In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a...

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Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

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Visa Launches Africa FinTech Accelerator for Startups
Visa Launches Africa FinTech Accelerator for Startups
June 14, 2023  |  Startups

Visa has launched a program to help promote Africa’s growing startup community. The company’s Africa FinTech Accelerator, announced Wednesday (June 14) will help up to...

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Flutterwave Taps Token.io to Add Pay-by-Bank Capabilities
Flutterwave Taps Token.io to Add Pay-by-Bank Capabilities
June 06, 2023  |  Payment Methods

African FinTech Flutterwave has begun offering pay-by-bank transfers through a partnership with Token.io. “Our partnership with Token.io will make it even faster and easier for...

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Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
Sabi Raises $38 Million for B2B Marketplace Serving African Retailers
May 19, 2023  |  Investments

Nigeria-based B2B eCommerce firm Sabi has raised $38 million in Series B funding. This funding round values the company at $300 million, TechCrunch reported Friday (May 19). Sabi...

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M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
M-KOPA Raises $250 Million to Improve Financial Inclusion in Africa
May 15, 2023  |  Investments

M-KOPA has raised $250 million to expand its financial services offering across sub-Saharan Africa. The Kenya-based company will use the new debt and equity funding to...

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