WorldRemit wants radical remittances shift in Africa
The online money transfer service calls for a huge shift from informal to formal remittances through faster adoption of digital financial services.
MTN asks US court to dismiss anti-terrorism damages claim
Complainants allege MTN paid bribes to al-Qaida and the Taliban to avoid investing in expensive security for its transmission towers.
COVID-19 hits Africa remittances, World Bank urges digital platform use
The World Bank projects a 20% decline in global remittances, urging service providers and authorities to introduce measures to ease use of mobile money platforms.
Mastercard to bring 500m people into digital economy in 2020
The fintech company says it is well on its way to achieving its goal of bringing financial inclusion to hundreds of millions across the globe this year.
SWIFT hackathon seeks cross-border payment solutions
The hackathon aims to identity new solutions to reduce costs in cross-border payments into and within Africa.
Western Cape gets the nod from renewable energy sector
The province is set to play a major role as the country forges ahead with its renewable energy push.
Mission Billion Challenge seeks digital ID innovations
World Bank and Absa prepare for the Mission Billion Challenge, which aims to find solutions to provide digital identity for the world's "invisible billion".
International remittances to exceed $600bn in 2018
South Africa is ranked the most expensive African country from which to send money, says Frost & Sullivan.