Search Results for "financial system" Query

How can DeFi power the African financial system?
How can DeFi power the African financial system?

The African financial system is broken and requires innovation to fix it. Despite attempts by new financial technology firms to fill the gaps that exist, the foundation of the entire ecosystem, which is traditional finance backed by government-issued currencies and institutions, has left some gaps still wide open. The creation of blockchain technology and the…

Read Article →
The Future of Digital Financial Services
The Future of Digital Financial Services
Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →
Market Trends & Demand for Financial Management Solutions For Freelancers & Businesses In Africa
Market Trends & Demand for Financial Management Solutions For Freelancers & Businesses In Africa
Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →
blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent
Unpacking Financial Innovation, Regulation and CBDC’s
Join us for the next edition of Africa Money & DeFi Summit taking place at Africa Tech Summit Nairobi on 14th & 15th February 2024. On October 3rd & 4th 2023 Africa Money & DeFi Summit hosted leaders and stakeholders from across the African Finetch, Web3, DeFi and tech ecosystem, who listened and learned from... Read Article →
New report tracks growth of African fintech ecosystem, and explosion in funding, since 2021
New report tracks growth of African fintech ecosystem, and explosion in funding, since 2021

Africa’s fintech startup ecosystem grew in size by almost 20 per cent, and saw US$2.7 billion in investment flood in, over the last 24 months, according to a new report released today by Disrupt Africa. Every two years since June 2017, Disrupt Africa has released the Finnovating for Africa publication, which tracks the extraordinary development…

Read Article →
Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies and drive deeper growth in Nigeria
Remedial Health raises $12 million to deliver financial services for neighbourhood pharmacies

Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in Nigeria and support the delivery of targeted financial services to drive business growth across the country’s pharmaceutical sector. The $8…

Read Article →
QoreID: Consumer Data, Bedrock of Africa’s Open Finance System

According to QoreID, access to credible consumer data has been identified as a critical layer that will enable a viable open finance system in Africa. Sarah Essien, Chief Operating Officer of VerifyMe Nigeria, a digital identity and Know-Your-Customer (KYC) technology company with a head office in Lagos, states that the quest for a sustainable open…

Read Article →
NowNow Digital Systems, has closed a $13 million seed round

NowNow, a Nigerian digital system startup, has closed a $13 million seed round to scale and expand its service offerings across Africa. The funding round was led by NeoVision Ventures Ltd., DLF Family Office, and Shadi Abdulhadi. With the new funding, the startup said it will improve financial inclusivity across Africa and drive empowerment, as well…

Read Article →
IFC Invests in Mobile Money Firm Wave to Boost Access to Digital Financial Services in West Africa

To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money firms that are helping lower prices and expand services in the region. The investment from IFC and other lenders will help Wave substantially grow…

Read Article →
blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent
Top Use Cases of Blockchain Technology in Africa 

Beyond all the hype, blockchain technology has multiple use cases that could bring positive changes to various sectors on the African continent. Some critics dismiss blockchain technology or reduce its application to only cryptocurrencies. However, the application of blockchain tech has evolved over the years with more attempts to create real-world impacts. In this article,…

Read Article →
back to top