Mukuru perseveres to become African fintech powerhouse
From humble beginnings in a London flat in 2005, tech start-up Mukuru’s journey has been one of turning challenges into opportunities for innovation.
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.
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.
International remittances to exceed $600bn in 2018
South Africa is ranked the most expensive African country from which to send money, says Frost & Sullivan.
Mobile international remittances to exceed $25bn by 2018
The surge comes as the market is increasingly being disrupted by digital providers, says Juniper Research.