Various

South Africa Issues Draft Regulations for Digital Nomad Visa, Joining Namibia, Mauritius

South Africa is the latest country on the African continent to be jumping on the digital nomad bandwagon, joining jurisdictions such as Namibia, Mauritius and Cape Verde with a proposed immigration program targeting remote workers. Earlier this month, the South

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10 African Startups Dominate 75% of Fintech Equity Africa Funding in 2023

In 2023, 75% of all equity funding secured by African fintech startups went to ten companies. These firms, which span categories including digital banking and payments, raised a cumulated US$673 million in the top ten fintech equity rounds of 2023,

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Middle Eastern and African Region Sees Neobanking Sector Picking up Steam

Though still in their early stages of development compared to Europe and the US, neobanks are playing a growing role in the Middle East and Africa (MEA) region by addressing challenges in accessing traditional financial services. The Fintech Times identified

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Africa’s SuperApp Gozem Goes Fintech With Acquisition of Benin

Gozem, Africa’s Super App, announced its acquisition of Moneex, an innovative Fintech app from Benin dedicated to provide global banking to African businesses and consumers. This transaction combines the strength of Gozem’s Super App network with the breadth of Moneex’s

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Unlocking the Future of Consumer Lending with AI and Automation

With the ever-evolving landscape of financial technology, consumer lending has never been more accessible and efficient – in large part, due to fintech innovation. With a global consumer credit market size of US$11 billion, rapidly growing middle classes in emerging

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Increasing Usage of eKYC in Africa

In the first half of 2023, businesses in Africa embraced digital transformation at a fast pace, fueling demand for innovative e-KYC verification solutions. This is evidenced by the surge in activity observed by Smile ID, the identity verification solutions provider

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Blockchain-Based Payments on the Rise in Africa

Africa’s cryptocurrency market is surging on the back of booming usage of blockchain-based payments across the region. Use cases including remittances, supply chain financing, digital identity verification, and peer-to-peer (P2P) lending, a new report produced by Finextra in association with

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Accelerate Your SME Lending with Real-Time Approvals

Small and medium-sized enterprises (SMEs) are the foundation of the economy as they drive growth, build competition, and create jobs. Despite this, they are often at the back of the line when it comes to getting quick access to credit.

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Digitalization: Africa to Become a Top Services Outsourcing Destination in Case Productivity Gets Better

In Africa, improved productivity, increased digitalization and a rapidly expanding talent pool are laying the foundations for the continent to become a major services outsourcing destination, a new report by McKinsey and Company says. The report, released on June 05,

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African Blockchain Venture Funding is Booming

CV VC’s second African Blockchain Report 2022 affirms the transformational impact of blockchain in Africa, on the welfare of nations and the continent’s technology standing. Africa is the only global region to have experienced increased venture funding and an explosion

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