Total 156 Posts
what does ‘getting into trading’ mean? Your friend has a friend who got into trading, and they're doing great now. How did that happen?
The Bank of Central African States (BEAC) is looking for a digital solution provider to step up its fight against illicit financial transactions within the sub-region.
Nigerian payments company, Paystack has been acquired by global payments leader, Stripe, to accelerate online commerce across Africa. This acquisition is the latest move in Stripe’s international expansion, as Paystack will be Stripe’s catalyst for growing internet commerce in Africa.
Despite the compelling value proposition that mobile money offers, the Reserve Bank of Zimbabwe recently placed significant regulatory restrictions on its operations. The regulator said mobile money services were fuelling illegal foreign currency exchange.
We talk of new generation fintech as driving financial inclusion by making it easier and cheaper to transact or move value, but we must take a step back and realize that with all that activity and growth, your data remains locked up with each service provider.
From 2000 to 2015, the total illicit capital flight from Africa amounted to $836 billion. Compared to Africa's total external debt stock of $770 billion in 2018, this makes Africa a “net creditor to the world."