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WAEMU’s Free Transfers Could Push Up the Cost of Cash
A new payment rule from the Central Bank of West African States (BCEAO) is set to reshape how people move money across the eight countries of the West African Economic and Monetary Union (WAEMU). From November 2, 2026, interoperable electronic-money transfers will have to pass through the central bank’s Instant Payment Interoperability Platform, known as…
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Equity Bank Bets on Digital Wallets to Deepen Africa’s Fintech Reach
Equity Bank is making a deeper move into Africa’s increasingly competitive digital finance market with EMMA, a new digital wallet launched through its fintech arm, Finserve. The wallet is accessible through an app, USSD and Equitel’s STK channel, giving Equity a way to reach customers beyond the traditional banking interface. But EMMA is about more…
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AI Is Mapping Nigeria’s Hidden Mining Economy
Nigeria’s mining sector is sitting on billions of dollars in mineral wealth, yet a large part of the industry remains difficult to see, track and regulate. Across the country, informal miners extract gold, lithium, tin, tantalite and other valuable minerals from sites that can operate far from official records. Now, artificial intelligence is emerging as…
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Cold Solutions Rwanda Expands Kigali’s Cold-Chain Infrastructure
Cold Solutions Rwanda is set to secure up to $18 million to expand its cold-chain infrastructure in Kigali, strengthening the systems used to store and distribute temperature-sensitive food and other products across Rwanda. The financing comes at a time when cold-chain infrastructure is becoming increasingly important to Africa’s food systems. For farmers, food processors, retailers…
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Proparco Backs Kenya’s Fight Against Food Waste
French development finance institution Proparco has invested €150,000 in Kenya-based food-tech company Farm to Feed, backing efforts to reduce food waste while creating new income opportunities for farmers. The investment highlights growing interest in African businesses developing commercial solutions to one of the continent’s most persistent agricultural challenges: significant amounts of food are lost before…
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Duplo Brings Treasury Management Under One Roof.
African businesses are increasingly operating across multiple banks, payment channels, currencies and markets, making treasury management more complicated than ever. Duplo is seeking to address that challenge with the launch of a Treasury Management Solution designed to centralise financial operations and give businesses greater visibility over their cash. Treasury functions sit at the heart of…