Is Africa on the brink of a KYC revolution? With 110 million identity verification checks conducted in 2024 alone, the momentum is undeniable. The continent is witnessing an unprecedented acceleration in digital identity adoption, particularly across the fintech, banking, telecom,…
From humble beginnings in 2007, mobile money is now considered as a mainstream financial service in many African countries. The pandemic promoted this evolution. However, despite their significant benefits in terms of financial inclusion, mobile money services are vulnerable to…
Maintaining fintech’s momentum in Africa Maintaining the fintech momentum in Africa is key to enabling sustainable growth. Fintech and its transformative potential were therefore among the themes of the latest Mobile World Congress, held in Kigali, Rwanda. The event focused…
Can interoperability solutions help further promote financial inclusion in Africa? Over the past decade, sub-Saharan Africa has witnessed significant progress in terms of financial inclusion. According to the CGAP, financial account ownership and usage have indeed increased during this period,…
Adaptive regulation and regulatory sandboxes may well represent the future of regulation. The technological disruption caused by the digital transformation in Africa has led to the creation of new products, services, and business models. To such an extent that regulators…
Mobile penetration, and therefore the number of SIM cards, keeps on increasing in Africa. According to the GSMA, the numbers of unique mobile subscribers and of SIM connections were 495 and 930 million respectively in 2020, and are forecast to…
It is almost impossible to talk about the new post-Covid reality without mentioning the increased use of modern technology. Many of us are aware of the positive role technology has played in our lives over the past 18 months. However,…
