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The Institute of Chartered Accountants in England and Wales (ICAEW), a leader in the global accounting and finance industry, and the Institute of Chartered Accountants of Nigeria (ICAN) have signed a Memorandum of Understanding to strengthen the accountancy profession in Nigeria. Both organisations have committed to work together to promote a sound and sustainable accounting…

Truecaller today announced that it has reached over 100 million active users. In less than a year, the app has leapfrogged from 100 million monthly active users (MAUs) per month to 100 million daily active users (DAUs), and is growing faster than ever. With more than 20% of its user base in Africa, Truecaller app…

Spurred on by the company’s steady growth in Sub-Saharan Africa and in line with its focus on investing in the continent, Mastercard has appointed Raghav Prasad as Division President for Sub-Saharan Africa. Prasad will strengthen the company’s ongoing commitment to delivering value to customers and consumers in Africa by leveraging technology to build stronger and…

Mastercard is calling for applications from Nigerian fintech startups for its Start Path 2018 programme, the company’s initiative that supports innovative later-stage start-ups that are reshaping the future of commerce. The programme is open to startups from Nigeria who are rethinking banking and payments and have raised a significant seed or Series A round of…

Paystack (paystack.com) has partnered with Truecaller (truecaller.com) to allow more merchants across Africa accept payments online in a frictionless and secure manner by leveraging Truecaller’s mobile identity product, Truecaller SDK. The partnership will also provide powerful tools that businesses and startups across Africa can use to verify the mobile identity of their customers, and in…

Mastercard has partnered with Vconnect, Africa’s leading online business listing service, to empower Micro, Small, Medium Enterprises (MSMEs) as part of a shared commitment to drive financial inclusion and literacy in Africa. Nigeria will be the first market to benefit from the partnership, which will be rolled out over a three year period. Vconnect will…

Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a startup that pioneered and patented several mobile payments and banking solutions, including an authentication technology. Today, that technology enables consumers to authenticate Masterpass digital wallet purchases in South Africa using…

At Mobile World Congress, Mastercard today announced that it will use Facebook Messenger to provide technology to small businesses in Africa and Asia to drive affordable acceptance of electronic and mobile payments. Access to digital payments will help these businesses expand to new markets, and unlock financial services and products that enables them to grow…

Truecaller has now integrated VConnect Directory into its app Zakaria Hersi appointed as Director of Partnerships for Africa Truecaller to set up its Sub-Sahara headquarters in Nairobi Truecaller announced today a partnership with VConnect, Nigeria’s leading business discovery and engagement platform, where Truecaller has integrated VConnect’s Business directory to its app. This allows users to…

At Mobile World Congress, Mastercard and M-KOPA today announced a partnership that will provide Africans living without electricity a simple way to light up their homes and businesses.  M-KOPA, which already provides affordable, safe and clean energy to 3 million people in East Africa, will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to…

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