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Remittances

A vendor and customer at a small mobile money kiosk exchanging cash during a mobile transfer on a busy urban street.

Sendwave and TapTapSend Square Off in Africa’s Remittance Market

Diaspora money transfers to Africa have long been dominated by traditional remittance operators whose fees can take a noticeable cut out of the sums sent home. Two mobile-first fintech firms, Sendwave and TapTapSend, are now competing to win over customers with apps promising faster delivery and lower costs, according to The Africa Report. The shift […]

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A formal government conference room with a long wooden table set for a meeting, viewed from the doorway with no people present.

Nigeria’s Virtual Asset Council: Reshaping Africa’s Digital Economy

The establishment of Nigeria’s Virtual Asset Council is being closely watched as a potential turning point for the continent’s digital financial infrastructure, according to Africanews. The new body is expected to coordinate policy across agencies and bring greater clarity to a sector that has long operated in legal uncertainty across Africa’s most populous nation and

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A modern bank branch interior with a customer service counter, informational posters on the walls, and customers consulting with bank office

Equity Bank Uganda to Host Diaspora Webinar on Converting Remittances Into Investment

Equity Bank Uganda is hosting a diaspora-focused webinar designed to help convert the country’s record remittance inflows into long-term investments that create businesses, jobs and sustainable wealth, according to AllAfrica. The initiative, reported by AllAfrica citing The Independent (Kampala), comes amid sustained growth in money sent home by Ugandans living abroad. The webinar is set

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