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News

South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.

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Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance

The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.

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Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

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Bangladesh Wins Global Center on Adaptation Award for Local Climate Leadership at COP28

During the COP28 climate conference held in Dubai, Bangladesh has secured the Global Center on Adaptation Locally Led Adaptation championship Award in the category of Innovation in Developing Finance.

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WEF Lauds OPay for Revolutionizing Financial Inclusion in Nigeria

One of the leading digital and mobile banking institutions in Nigeria, OPay, has been praised for revolutionizing financial inclusion in the country and Africa.

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LAPO Microfinance Bank Wins Ninth Consecutive “Microfinance Bank of The Year” Award at BAFI 2023

This award recognizes LAPO’s outstanding contributions to the microfinance sector and its pivotal role in improving the livelihoods of countless individuals and businesses.

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Hope Rises for SMEs as BaobabPlus, TradeLenda Offer Solar Solutions

Under the partnership, Trade Lenda will offer credits to SMEs to acquire solar energy solutions offered by BaobabPlus to run their businesses.

News

Moniepoint to Foster Financial Inclusion With Personal Banking

Financial solutions provider fintech company, Moniepoint, has expanded its services into the personal banking segment to foster financial inclusion in Nigeria.

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Financial Inclusion: Universal Insurance Deepens Penetration With Mobile App

The Universal Insurance Plc has unveiled a mobile app aimed at delivering delightful and cutting edge financial solutions to its customers, as well as a newly launched Universal Insurance Network platform.

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Nigeria: Baobab Commits to Affordable Loans in Kano

Baobab Microfinance Bank's operations in Kano would give petty traders access to affordable loans.