The European Union (EU) is set to provide Rwanda with an US$ 11.4 million grant to boost the East African country's private sector and foster job creation. This is a portion of the larger US$ 522.6 million package meant to be used to see the country through the remainder of ...
When it comes to obtaining loans from banks in Nigeria, the process is never easy. But recently, obtaining loans has been easier than ever before, as a number of FinTech startups have sprung up to attend to this need, allowing Nigerians access funds whenever they need it. eFinance is one ...
A local financial technology firm Meta Capital has launched a three in one financial solution that that makes decisions and trades international currencies on behalf of clients while giving them direct access to competitive fixed deposit and transactional FX rates from local banks. The Nairobi based Fintech has deployed MetaQuant, ...
Sometimes, we get taken unawares by bills. We know we have bills, but then forget to put plans in place, so we have the money ready when payment date arrives. Even when we do know the dates for our bills payment, being disciplined enough to save for a purpose is ...
It's no news that access to finance and credit remains a challenge in Africa, particularly in Nigeria, and StartCredits is attempting to reduce the burden. StartCredits is a startup that offers financial services providers and platforms with unique proprietary risk models and software that enables them scale their businesses. By ...
The CashlessAfrica expo is set to hold tomorrow - Tuesday, March 22nd and Wednesday, March 23rd 2017 at at the Lagos Oriental hotel, as experts will gather to discuss the future of finance in Lagos, the economic hub of Nigeria at the Lagos Oriental hotel tomorrow. The event, which has attracted more ...
Technology has dramatically changed most industries around the world in the last decade or so, from retail and security, to healthcare, finance, human resources, and more. One area that is also being increasingly impacted by technology is education. From primary and secondary schools through to universities, online providers, and other ...
The World Bank’s Global Findex Report (2014) analyses the state of financial inclusion in the world. Sub-Saharan Africans (SSAs) are saving more and formally through financial institutions. About 16% of adults (over 15 years of age) in SSA have formal savings in financial institutions, which is a higher proportion than ...
