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64 results for "payments"
A Nigerian fintech company is making it cheaper and easier for African businesses to get paid by international customers. Nomba's new payment system slashes transaction fees from 7% to nearly zero.
After losing their father two months into university, Eddie and Paul Ndichu worked grueling odd jobs to stay in school. Now they're transforming how Africa moves money with WapiPay.
After two years of major reforms, Nigeria has cleared its financial reputation and is now positioned to set the standard for African fintech. The move ends costly international scrutiny and opens doors for Nigeria's booming digital payment sector.
A growing coalition of mayors across America is backing direct cash payments to help working families afford rent, food, and healthcare. More than 100 pilot programs have already launched since 2018, with Cook County permanently adopting the model after success.
Nigeria just ended roadside tax checkpoints and cash payments as part of sweeping reforms to make taxation fairer and more transparent. Small businesses earning under $7,000 annually are now completely exempt from taxes.
Ghana's Interior Ministry has paid all outstanding rent allowances to thousands of security personnel and introduced a new automated system to prevent future delays. Starting March 2026, officers will receive rent payments directly with their monthly salaries.
Kenya just plugged into a continent-wide payment network that lets 240 African banks send money across borders instantly in local currency. No more waiting days or losing money to expensive dollar conversions.
Sending money across Africa just got faster and cheaper. Kenya's Pesalink network partnered with a Pan-African payment system to enable instant cross-border transfers in local currencies.
South Africa is investing R292.8 billion in social grants next year, lifting payments for elderly, disabled, and families with children while extending emergency support through 2027. For millions of households, these increases mean the difference between food on the table and empty shelves.
Over 26 million South Africans will see their monthly support payments increase in April, with raises outpacing the cost of living. The government is investing nearly $15 billion to ensure vulnerable citizens can better afford essential needs.
Zambians can now pay for rides and food delivery without cash after Yango partnered with Flutterwave to bring seamless digital payments to everyday services. The move supports a country where mobile money transactions hit $5.3 billion in March alone.
A Moroccan startup just raised $4 million to turn nearly 20,000 neighborhood corner stores into mini financial hubs. WafR is bringing bill payments and money transfers to shops that already serve as community lifelines.
African startups can now open USD accounts and send global payments instantly through Grey Business, a new platform eliminating the hidden fees and delays that have held back international growth. More than 1,000 companies already signed up during testing.
Millions of Nigerian retirees and workers can now update their pension records from home, eliminating the need to visit offices in person. The new digital platform promises faster retirement payments and smoother access to pension benefits.
Africa's fintech revolution is entering a new phase where apps won't just track your spending—they'll help you make better financial decisions before you make them. Marcello Schermer from Yoco believes the next generation of African fintech will act as proactive partners, not passive recorders.
Nigeria's Works Minister is ordering contractors who've held government advance payments for years to finally start building—or lose future funding. The accountability push aims to stop companies from parking public funds in banks while roads and infrastructure projects sit unfinished.
Vijay Shekhar Sharma canceled his 2010 IPO because he saw smartphones would kill his ringtone business. That pivot into digital payments transformed Paytm into India's financial inclusion giant.
While millennials struggle with six-figure down payments in America, one couple bought and renovated an entire house in Italy for less than most starter home deposits. Their $31,000 investment gave them something increasingly rare: a mortgage-free life.
The Dominican Republic just slashed approval times and boosted payments for homeowners who want to go solar. The new rules could help renewable energy reach 30% of the nation's power by 2030.
Nearly 1.5 million UK households just received emergency payments to help with heating costs after January temperatures plunged to -12°C. The government's Cold Weather Payment scheme automatically sent £25 or £50 to vulnerable families when temperatures stayed at or below freezing for seven days.
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