--- title: Wakandi updates | South Africa description: South Africa | 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), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [Finance](https://blog.wakandi.com/tag/finance?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs?hsLang=en), [South Africa](https://blog.wakandi.com/tag/south-africa), [stokvels](https://blog.wakandi.com/tag/stokvels?hsLang=en) ##### [How Stokvels impact people’s lives in South Africa](https://blog.wakandi.com/blog/how-stokvels-impact-peoples-lives-in-south-africa?hsLang=en) Saving money through Stokvels has been extremely popular in South Africa. People have widely adopted this traditional way of saving money for personal and business purposes. It is estimated that... Jul 28, 2021 4:07:08 PM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [South Africa](https://blog.wakandi.com/tag/south-africa), [stokvels](https://blog.wakandi.com/tag/stokvels?hsLang=en) ##### [How Stokvels in South Africa operate? A comprehensive study by Wakandi](https://blog.wakandi.com/blog/how-stokvels-in-south-africa-operate-a-comprehensive-study-by-wakandi?hsLang=en) 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... Oct 23, 2020 8:02:08 AM [Insights](https://blog.wakandi.com/tag/insights?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [IFGs](https://blog.wakandi.com/tag/ifgs?hsLang=en), [South Africa](https://blog.wakandi.com/tag/south-africa), [stokvels](https://blog.wakandi.com/tag/stokvels?hsLang=en) ##### [Bringing technology to Stokvels in South Africa with CAMS](https://blog.wakandi.com/blog/bringing-technology-to-stokvels-in-south-africa-with-cams?hsLang=en) Stokvels hold massive financial resources for the people in South Africa. Millions of people every year save money in Stokvels and avail loans for business and personal purposes. It is estimated that... Oct 21, 2020 7:53:14 AM [Newsroom](https://blog.wakandi.com/tag/newsroom?hsLang=en), [Wakandi](https://blog.wakandi.com/tag/wakandi?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [MoU](https://blog.wakandi.com/tag/mou?hsLang=en), [South Africa](https://blog.wakandi.com/tag/south-africa), [YellowDot africa](https://blog.wakandi.com/tag/yellowdot-africa?hsLang=en) ##### [Wakandi Group and YellowDot Africa partnered to boost financial innovation in South Africa](https://blog.wakandi.com/blog/wakandi-group-and-yellowdot-africa-partnered-to-boost-financial-innovation-in-south-africa?hsLang=en) Wakandi Group has joined forces with YellowDot Africa to deliver its innovative financial inclusion system for informal financial groups (IFGs), popularly known as stokvels in South Africa. In... Oct 14, 2020 8:36:17 AM