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...

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 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...

Wakandi is delighted to have the opportunity to sign an MoU with Helvetas Swiss Intercooperation Tanzania to provide our solution to various SACCOs in the region. Together with Halvetas, we will...

Africa is a hotbed for innovation in the digital payment and mobile money space. The vast presence of mobile devices and a large population of unbanked people have created a suitable environment for...

MWASHITA SACCOS, based in Dodoma (Tanzania), was established in 1997 to mobilize savings, receive contributions and provide affordable credit facilities for communities, especially the poor....

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...

Innovation in the finance sector has become more critical than ever. To bring innovation in Africa, Wakandi is moving ahead with the development of its Credit Association Management System (CAMS). A...

Stokvels in South Africa play a critical role when it comes to offering financial services to millions of unbanked people. It is estimated that there are more than 8,20,000 Stokvels in South Africa...