The three national IDs of Kenya, Nigeria, and South Africa were the most frequently misused among the numerous IDs that fraudsters targeted. Using lost or stolen IDs for KYC throughout the onboarding process was the main method fraudsters used. The State of…

Isaias Afwerki, the president of Eritrea, has called for a new global financial system that is independent of the Dollar, the Euro, and other fiat currencies. President Afwerki declared, "We need a new financial architecture, one that is not governed by the…

According to a recent survey, over the previous five years, the percentage of Tanzanian individuals who have access to formal financial services has climbed from 65% to 76%. The Bank of Tanzania's FinScope Tanzania 2023 Survey claims that the widespread use of…

Despite being frequently referred to as the "Silicon Valley of Africa," neither South Africa nor Kenya are particularly significant players in the African crypto market. Instead, as Namibia and Angola have demonstrated, we've seen that impoverished nations have better adoption, knowledge, and…

The world's second-largest and second-most populous continent, Africa, is a place of astounding diversity and unrealized potential. Africa is a fabric of colorful cultures, spectacular natural beauties, and a complex history that spans millennia, spanning across huge geographies. We set out on…

The Bank of Ghana (BoG), in partnership with EMTECH Solutions, announced the opening of its regulatory and innovation sandbox in 2022. According to BoG, the sandbox will act as a supportive framework for innovators to test their ideas in small-scale, real-world settings.…

In comparison to other markets, the Kenyan stock market's first half-year dollar-denominated returns to investors were the worst. According to data from the Morgan Stanley Capital International Index (MSCI), the market had paper losses of 30.9 percent during the course of the…