--- title: Wakandi updates | banks description: banks | Our vision is to be the global leader in creating equal financial opportunities. Follow us on our journey. --- Blog # Latest from Wakandi We are here with a clear purpose: be the global leader in creating equal financial opportunities. Follow us on our journey [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [banks](https://blog.wakandi.com/tag/banks), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [Digital](https://blog.wakandi.com/tag/digital?hsLang=en), [partner-bank](https://blog.wakandi.com/tag/partner-bank?hsLang=en) ##### [Digital banking trends in Africa](https://blog.wakandi.com/blog/digital-banking-trends-in-africa?hsLang=en) The sudden emergence of coronavirus dealt a severe blow in African countries causing a rapid economic contraction. The pandemic impacted business across industries, including the finance sector. Now,... Nov 24, 2021 9:44:48 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [banks](https://blog.wakandi.com/tag/banks), [Banking](https://blog.wakandi.com/tag/banking?hsLang=en), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Innovation](https://blog.wakandi.com/tag/innovation?hsLang=en), [COVID19](https://blog.wakandi.com/tag/covid19?hsLang=en), [Digital Transformation](https://blog.wakandi.com/tag/digital-transformation?hsLang=en) ##### [Banks adopt digitization amidst the COVID-19 pandemic](https://blog.wakandi.com/blog/banks-adopt-digitization-amidst-the-covid-19-pandemic?hsLang=en) 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... May 21, 2021 4:32:41 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [banks](https://blog.wakandi.com/tag/banks), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en) ##### [The youth and mobile money services in Sub-Saharan Africa](https://blog.wakandi.com/blog/the-youth-and-mobile-money-services-in-sub-saharan-africa?hsLang=en) Many reports say that young Africans are less likely to have a bank account than adults in Africa. At the same time, they are more likely to use mobile wallets to make payments online. One of the... Jan 15, 2021 6:57:59 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [banks](https://blog.wakandi.com/tag/banks), [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en) ##### [What is CAMS? A big step towards financial inclusion](https://blog.wakandi.com/blog/what-is-cams-a-big-step-towards-financial-inclusion?hsLang=en) In Africa, a massive 370 million people have no access to formal banking services. Traditional banks in Africa have worked hard to increase their user base in the past years but faced various... Dec 9, 2020 9:23:00 AM