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Nigeria’s Embrace of Stablecoins in Modern Payments
Nigeria has emerged as one of Africa’s most active markets for digital assets, with millions of citizens using cryptocurrencies and blockchain-based payment solutions to overcome challenges in traditional financial systems. Among these innovations, stablecoins have gained significant attention for their ability to combine the speed and efficiency of digital currencies with the price stability of…
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Lesotho Migrants Turn to Fintech for Cheaper, Faster Remittances
In recent years, a growing number of Lesotho migrant workers have shifted from traditional remittance channels to fintech platforms when sending money home. This change reflects broader trends in Africa’s financial landscape, where digital solutions are rapidly replacing cash-based and bank-dominated systems. For many Basotho workers living in South Africa and other countries, sending money…
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Payxy’s Oloja Launches Free E-commerce Platform for Nigerian SMEs
Oloja by Payxy has officially launched a free digital commerce platform designed to help Nigerian businesses establish and grow their online presence. The initiative aims to lower the barriers to digital adoption for small and medium-sized enterprises (SMEs), many of which still operate primarily offline despite the rapid expansion of e-commerce across Africa. The platform…
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Gabon to Launch First National Data Center June 30
Gabon is preparing to mark a major milestone in its digital transformation journey with the planned launch of its first national data center on June 30. The facility represents a strategic investment in the country’s digital infrastructure and is expected to strengthen data sovereignty, improve public service delivery, and support the growth of the digital…
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AI-Driven Cybersecurity for Fintech Protection
As fintech continues to expand across global markets, it has become a primary target for increasingly sophisticated cyber threats. From digital payments and mobile banking to lending platforms and crypto-based services, the fintech ecosystem handles vast amounts of sensitive financial and personal data. This growing exposure has made cybersecurity not just a technical requirement but…
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African Startups Secure $242M in May Funding Surge
Africa’s startup ecosystem showed renewed momentum in May as the continent’s top-funded startups collectively secured $242 million, signaling a strong rebound in investment activity after a period of slower venture capital inflows. The funding surge reflects growing investor confidence in African innovation and highlights the resilience of startups operating across key sectors such as fintech,…