Zimbabwe Unveils Gold-Backed CBDC
Zimbabwe has presented a digital currency that is backed by gold.
Africa - page 4
Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth
The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]
Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
Pyypl Rolls Out Social Micro-Investment Platform for African SMEs
Pyypl micro-investment platform aims to build a social ecosystem for entrepreneurs across Africa and improve access to digital financial services for informal employment sectors UAE-based fintech Pyypl has introduced a new micro-financing platform catering to the needs of African self-employed people, micro, small and middle-sized businesses. Having raised $20m to expand financial inclusion in the […]
Zimbabwe is Working on Gold-Backed Digital Currency
Gold-backed digital currency to be introduced by the Reserve Bank of Zimbabwe is supposed to stabilize the highly volatile Zimbabwean dollar
Unlimint to Provide Payment Services in Nigeria: License Secured
Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market
African Blockchain VC Funding Surged Over 400%: Report
Africa is the only region globally to have experienced an explosion in blockchain venture funding in 2022
ETAP Launches Socially Responsible Car Insurance in Africa
An insurtech ETAP has introduced a digital car insurance service that redistributes funds to policyholders and supports social good in local communities of Africa
Flat6Labs Launches $95 Million Seed Fund for Africa-Based Tech Startups
Flat6Labs has launched a new startup fund of $95 million.
Western Union Turns to MFS to Expand Global Money Transfers
Western Union announced the beginning of cooperation with MFS Africa.
Binance Adds Support for More African Currencies
Binance, the world’s largest blockchain ecosystem and cryptocurrency infrastructure provider, has announced the start of support for more African currencies.
The Bank of Zambia Works on Crypto Regulation
The Bank of Zambia along with the national Security Exchange Commission is testing technology to enable the regulation of cryptocurrency in the country
Agri-Fintech: What It Is and Why It’s on the Rise
Last year brought a steady rise in socially responsible fintech products that are specifically designed for the needs of the agricultural sector. Agri-fintech is a very promising segment of financial technologies, so we’re going to discuss it in detail
EziPay Joins MFS Africa to Support Remittances Across the Continent
A newly-formed partnership between African digital wallet company EziPay and digital payments gateway MFS Africa will bring last-mile connectivity for remittances across the continent
Welcome to PaySpace Magazine, the ultimate destination for staying informed about the most recent financial and payments news from Africa. Our news platform is designed to provide comprehensive coverage of the ever-changing African market, offering valuable insights into crucial areas such as banking, fintech, mobile payments, and more. Explore our content to access the latest trends and innovations, as well as exciting opportunities that are shaping the financial industry in Africa. Join us on this journey as we delve deep into the dynamic landscape of African finance, bringing you all the essential information in one convenient place.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.