Tech Moni Africa is your definitive source for the pulse of Africa's tech revolution. We deliver timely, insightful news and analysis on the innovations driving our continent's digital future, with a sharp focus on fintech, Web3, cryptocurrency, and Forex.
As Nigeria’s digital economy continues its rapid expansion, payments giant Network International is turning its focus beyond urban centres, working to plug long-standing gaps in financial inclusion across rural communities. In a recent report by The PUNCH, the Dubai-headquartered firm, which operates in over 50 countries, described Nigeria as a “strategic hub” for its African
Go to any major city in Nigeria, from the bustling streets of Lagos to the vibrant markets of Kano, and you’ll witness a subtle yet profound transformation happening in the way people manage their money. The era of solely relying on brick-and-mortar banks, with their often long queues and limited reach, is steadily giving way
The foreign exchange (Forex) market has long been the heartbeat of global finance. But today, it’s undergoing a digital transformation. With real-time trading apps, AI-powered analytics, and increased market accessibility, Forex is no longer reserved for institutional giants — everyday traders are stepping in. As volatility increases and geopolitical events shake currency values, traders need
Instant payments have rapidly become the bedrock of Africa’s evolving financial landscape, bridging gaps in financial inclusion and catalysing economic growth across the continent. With mobile money platforms, real-time payment systems, and fintech innovations at the forefront, cryptocurrency is now taking center stage in reshaping the future of transactions Instant payments, also known as real-time
A digital supply chain finance firm, Grow, has unveiled its digital platform aimed at supporting Nigerian Small and Medium-sized Enterprises with improved access to funding and liquidity management. According to a statement, the company introduced the Grow App during its maiden Grow Industry Connect event held in Lagos. The event, themed ‘Scaling Businesses: Access to
The company strives to realise its vision of delivering modern payment solutions that meet the varied needs of merchants and non-profits
Not long ago, cash was dominant in Africa, but digital payments are now rapidly gaining traction. From Lagos to Kenya and the US, businesses are recognising that embracing digital methods is essential for growth. A Mastercard-commissioned report forecasts Africa’s digital payments market will reach $1.5 trillion by 2030, fueled by increased mobile phone usage and
