Improving women’s digital financial inclusion
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...
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We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey
How fintech is eradicating poverty in Africa
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...
Banks adopt digitization amidst the COVID-19 pandemic
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...
Wakandi and PesaChama to boost innovation for savings groups in Kenya
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.
How technology can drive women towards formal financial services
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....
Impact of COVID-19 on remittances in Africa
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...
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Collaboration and Innovation – building Africa’s fintech landscape
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...
Capitalizing on Fintech – Financial inclusion in East Africa
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,...
How automation can play a critical role for SACCOs
SACCOs are considered a reliable tool to accomplish social and financial needs in many parts of Africa.
4 ways to bring Africa’s informal sector under the formal system
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....
Samia Suluhu Hassan creates history as the first female president of Tanzania
Samia Suluhu Hassan has created history as she becomes the first female President of the United Republic of Tanzania. She was sworn in as the 6th President of Tanzania and the Head of State in the...