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The Pan African Payment and Settlement System (PAPSS) has received Banque Centrale de Tunisie (BCT) into its network.
central bank, partnership, expansion, payments , cross-border payments
Global card issuer Mastercard has partnered with UAE-based Further Ventures, a venture-building and investment company, to accelerate next-generation payments and asset management infrastructure.
partnership, digital payments, digital banking, online payments, startup
Dubai-based subscription video-on-demand services company STARZPLAY has partnered with Dubai-based payments provider TPAY.
partnership, expansion, digital payments, mobile banking, direct carrier billing, fintech, paytech
UK-based digital payment provider STICPAY has reported that e-wallet usage in African countries has increased by more that 250% amid adoption of electronic payment solutions.
digital wallet, financial inclusion, mobile payments, data sharing, cashless
The Central Bank of UAE has revealed its plans to complete the first phase of its central bank digital currency project in mid-2024.
CBDC, central bank, digital currency, banks
Estonia-based e-hailing company Bolt has planned to further expand into Africa with a EUR 500 million investment aiming to create new opportunities for drivers on the continent.
expansion, delivery, sharing economy, ecommerce, super app, retail, merchants, investment, marketplace, fintech, online shopping, shopping, payments
The Central Bank of the United Arab Emirates (CBUAE) has announced the completion of its CBDC pilot in partnership with commercial banks in four jurisdictions.
central bank, CBDC, cross-border payments, partnership
Nigeria-based ecommerce company Jumia has partnered with logistics company Zipline to offer delivery via drone to remote parts of Ghana.
ecommerce, delivery, partnership, expansion, online shopping
Tunisian Digital Finance for People (TDFP), VYZYO’s subsidiary, has partnered with Al Baraka Bank to launch and operate a financially and socially inclusive mobile wallet service in Tunisia.
banks, partnership, product launch, financial inclusion, e-wallet
Qatar-based provider of financial solution across high-speed mobile Internet, Ooredoo, has recently included Apple Pay as a payment method on its app.
product upgrade, mobile payments, contactless payments, payment methods, Apple Pay, online payments, digital payments, digital wallet, digitalisation
Egypt-based ecommerce fulfilment startup Mylerz has planned to enter three new markets in North Africa with its new USD 9.6 million funding.
ecommerce, funding, startup, delivery, payment processing
Pan-African fintech that focuses on logistics service and payments, Jumia, has partnered with multinational global shipping company UPS to grow its reach on the African continent.
partnership, delivery, expansion, ecommerce, payment processing, online payments
Morocco-based ecommerce startup Chari has raised a bridge round of funding that values the company at USD 100 million, to test the BNPL services with its existing customers.
startup, funding, delivery, BNPL, fintech
Huawei Mobile Services has signed a partnership with Mondia Pay, a digital payment provider, to provide Ooredoo Algeria and Orange Tunisia users with more payment options.
partnership, Huawei, mobile payments, direct carrier billing
Huawei, partnership, direct carrier billing, mobile payments
Revolugroup Canada, RevoluSEND, remittances, money transfer
China-based tech group Huawei has partnered with digital payments solution provider Mondia Pay to offer its contactless payments service to users in the MEA region.
Huawei, Mondia Pay, partnership, DCB, HMS, MEA, IAP, Africa, Middle East, contactless payments, mobile payments, fintech
TOPNET, partnership, TTN, QWEEBY, electronic invoice, invoice, e-invoicing, Tunisia, internet services, TEIF, Tunisian Electronic Invoice Format
We interviewed Jordan Graison, Limonetik, to learn more about the opportunities that payment companies can benefit from in Africa
Africa, Limonetik, Jordan Graison, ecommerce, payments , fintech, payment method, credit card, Amazon, Jumia, Visa, bank, PSD1, MasterCard, M-Pesa, cash, e-wallet, Central African Economic and Monetary Community
A new blacklist of non-EU countries alleged to have weak anti-money laundering regimes has been adopted by the European Commission, extending it from 16 to 23 countries.
European Commission, Europe, money laundering, anti money laundering, 5th AML, fraud prevention, tax evasion