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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....
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...
Access to banking services in Africa has improved significantly over the years. Digital transformation of financial services has enabled banks to reach wider audiences in many countries. People can...
Ever since the launch of M-Pesa by Safaricom in 2007, a wave of digital payments has risen in Africa. Over the years, Africa has become a global leader when it comes to mobile payments. According to...
When formal financial services reach people who have, for ages, used informal channels to manage their loans and savings, one of the essential features they bring is reliability. It plays an...
The financial sector has expanded dramatically in recent years in Africa. Many households, farmers, and self-employed in Africa countries have access to financial services formally and informally....
Sending and receiving money through mobile devices started in Tanzania back in 2008. Tanzania was one of Africa’s first countries (with Kenya) to launch mobile money services in Africa. With six...
Wakandi Group is proud and excited to announce that we are launching our Credit Association Management System (CAMS) in Tanzania. We have successfully onboarded one of our many informal financial...
