Africa’s fintech sector is expected to be worth approximately $65 billion by 2030, aligning with the United Nations (UN) projection that the continent’s population will double to 2.4 billion by 2050, with half of the population being under the age of 25. The rapid growth of the fintech sector has been driven by its youthful […]
Read MoreGDM Group, a marketing and media technology company, and Eko Innovation Centre, a renowned startup accelerator, proudly announce the launch of MarkHack 3.0, themed “BEYOND LIMITS – Unleashing Creativity with Emerging Tech”. This exciting initiative invites innovators, entrepreneurs, and marketing professionals to collaborate and develop groundbreaking solutions for real-time challenges in the marketing and media […]
Read MoreFintech company, PalmPay has introduced three months of unlimited free transfers to all banks for users of its app. The company, today March 1, in a statement said the unlimited free transfer would empower its users to perform transactions without worrying about bank charges. According to the Managing Director, PalmPay, Mr Chika Nwosu, freebie to […]
Read MoreAMA PRESS RELEASE In 2023, global venture capital investment experienced another lackluster year, reaching a modest $285 billion. This marked a significant 38% decline year over year (YoY), plummeting from the $462 billion invested in 2022. Despite Africa’s resilience in 2022 when the downturn commenced, the continent was not immune to the funding challenges of […]
Read MoreOPay, Nigeria’s financial technology company, has revolutionized customer service by prioritizing user satisfaction and implementing cutting-edge solutions to enhance customer experiences. OPay is pioneering a customer service revolution built on convenience and efficiency. Recognizing the diverse needs of its users, OPay offers a top-notch and seamless blend of physical and digital touchpoints, ensuring everyone receives […]
Read MoreMoniepoint Inc, Africa’s digital financial services provider, in collaboration with NITHub Unilag, have announced a call for applicants into the second cohort of the highly competitive HatchDev programme. This initiative, aimed at nurturing the next generation of market-ready software engineers, has received widespread recognition for its impactful contribution in helping to bridge the skilled tech […]
Read MoreThe quest to bridge the gap between the rapid advancements in digital technologies and their practical application is the focus of the a Summit organised Association of Information Communication Technology Local Content (ICTLOCA). The July 2024 Convergence Summit with the theme: ‘Sustaining Local Content with Digital Innovation backbone in the Ecosystem’, has bring together key […]
Read MoreThe Federal Competition and Consumer Protection Commission, FCCPC is intensifying enforcement efforts towards exploitation of consumers or abusive conduct by Digital Money Lenders. The Acting Executive Vice Chairman/ Chief Executive Officer of the Commission, Dr. Adamu Abdullahi in a statement said the commission observed an upsurge in violations of the Inter agency Joint Task Force’s […]
Read MoreMasterCard yesterday sealed a definitive agreement with MTN, for a minority investment of up to $200 million in MTN Group Fintech, valued at $5.2 billion on a cash and debt-free basis. The Johannesburg Stock Exchange (JSE)-listed MTN Group stated today that the deal, which is non-categorised under the JSE Listings Requirements, was originally announced on August 14, […]
Read MoreOPay, Nigeria’s mobile money platform, which was recently applauded by the World economic Forum (WEF) and was awarded the consumer choice award by ADVAN, has unveiled a suite of security enhancements, ensuring user’s fund stays secured. OPay operates as a licensed Mobile Money Operator (MMO) by the Central Bank of Nigeria (CBN), adhering to the […]
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