Latest from Wakandi

COVID-19 pandemic and the resulting containment measures have undoubtedly slowed down socio-economic growth. Like the rest of the world, Africa is witnessing unprecedented impacts on the overall...

Digital financial services combined with affordable technology have expanded opportunities for millions of women worldwide. Financial inclusion in Sub-Saharan Africa has almost doubled from 23% to...

While the global poverty rate is decreasing, the gap between developed and developing countries is widening. According to the United Nations Development Programme, 10% of the world’s population lives...

Fintech is no longer vertical; embedded finance models are gaining traction as financial services are delivered via products in sectors such e-commerce, agriculture, mobility, energy, health, and...

The number of people having bank accounts rose from 170m in 2012 to 300m in 2017. It is expected to reach 450m by 2022. However, access to physical branches and manual processes for most services...

In this fast-moving world, technology is constantly transforming how people live and transact. Wakandi is excited to bring financial innovation to many developing countries in Africa.

Financial inclusion happens when a person gets an account that he/she can use to store money and make transactions. In Sub-Saharan Africa, 48% of men have an account compared to only 37% of women....

The spread of COVID-19 and measures to cope with the crisis are reshaping the African economy. The pandemic restrictions are affecting businesses and households drastically. The biggest impact can be...

The impact of financial technology (fintech) in Africa has been substantial. Fintech, especially mobile money, has emerged as a worthy adversary to traditional finance. It has created an open...

East Africa has always hailed as the torchbearer to the fintech industry. The region has offered immense opportunities for fintechs to grow and solve issues related to savings, loans, payments,...

SACCOs are considered a reliable tool to accomplish social and financial needs in many parts of Africa.

It is a general perception that the informal economy mainly relates to poverty, lack of employment and illiteracy, etc. However, it remains an indispensable part of a region’s growth and development....