Rwanda

Rwanda’s Largest Bank Completes Core Modernization With Temenos

Temenos, the banking software company, today announces that Bank of Kigali Plc, Rwanda’s largest bank by assets and market share, has gone live on Temenos. Replacing its core banking system with Temenos open platform for composable banking allows the bank

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4 Emerging African Fintech Hubs to Watch Out For in 2022

Africa is home to a number of widely differentiated fintech centres. Some of these African fintech hubs, such as Nigeria or South Africa, have emerged as dominant destinations for fintech in the continent. Many others, however, remain small but interesting

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Asante Raises US$7.5m Series A for MSME Lending Platform

MSME lending startup Asante Financial Services Group announced that it has raised US$7.5 million in the first tranche of its Series A fundraise. The round was led by Goodwell Investments with participation by investors including Sorenson Impact Foundation and Forsage

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Thunes and M-Pesa Tanzania to Boost Cross-Border Payments in East Africa

Global cross-border payments company Thunes has announced a partnership with M-Pesa Tanzania to launch a new service corridor, a statement from the company said. The service will allow users of M-Pesa Tanzania to transfer money directly from M-Pesa mobile wallets

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Kigali International Financial Center Reveals Rwanda’s Ambitions to be the African Hub

Rwanda Finance Limited (RFL), a state owned company mandated by the government, has launched the Kigali International Financial Center (KIFC). KIFC said in a statement that it aims to become one of the leading international financial centers on the continent.

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Ethiopia, Ghana and Rwanda Among Africa’s Fastest-Growing Fintech Ecosystems: Report

South Africa, Nigeria and Kenya have historically been the fintech hubs of Africa, but the next chapter for the industry in the continent will likely come from new, fast-growing ecosystems, including Ethiopia, Ghana and Rwanda, according to a new report.

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