30 results
- 15 Jan 2014
MasterCard, Ecobank Partner for e-Payment in 28 Sub-Saharan African Countries
Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard’s payment solutions for Ecobank’s customers in a further 23…
- 12 Sept 2021
Mastercard says 57% of Sub-saharan Africans are Financially Excluded
Mastercard has said an estimated 57 per cent of the population in sub-Saharan Africa are financially excluded. The company disclosed this in a statement as it announced its partnership with Paycode’s…
- 19 Jun 2020
Remittance to Sub-Saharan Africa Expected to Decline by 23% in 2020
Global remittances were projected to decline sharply by about 20% in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown. Remittance flows to Sub-Saharan Africa are expected…
- 15 Aug 2019
Sub- Saharan Africa is the Fastest Growth Frontier for Fintech Firms - GSMA
Sub-Saharan Africa is one of the fastest-growing investment zones for financial technology companies, according the trade body that represents the interests of global mobile network operators. The…
- 12 May 2022
Africa Leads in Mobile Money Adoption
The rate of mobile money adoption is increasing, according to research by moneytransfer.com, with Sub-Saharan Africa, East and West Africa dominating in numbers. While Sub-Saharan Africa has seen the…
- 2 Feb 2017
Atlas Mara, Mastercard Enter into Partnership for Financial Access
Atlas Mara and Mastercard have signed three strategic business agreements, which aim to build a stronger digital payment ecosystem with a focus on accelerating financial inclusion in sub-Saharan…
- 16 May 2018
IFC, Mastercard Foundation Extend Financial Inclusion for Millions in Africa
IFC, a member of the World Bank Group, together with the Mastercard Foundation, released a new report documenting the transformation underway in financial inclusion in Sub-Saharan Africa. The…
- 9 Nov 2014
MasterCard, UBA Partner for Access to ePayment
MasterCard, and United Bank for Africa (UBA), have completed a multi-country licensing project that will see the pan-African bank accept and issue MasterCard prepaid, debit and credit cards in 14…
- 6 Dec 2017
IFC, Mastercard Foundation Study Examines Attitudes to Mobile Money in Africa
IFC, a member of the World Bank Group, and the Mastercard Foundation have published an ethnographic study on the perceptions and attitudes to digital financial services in Sub-Saharan Africa. The…
- 28 Apr 2017
Shedding Light on the African Shadow Economy
Daniel Monehin, Division President for Sub-Saharan Africa at Mastercard discusses the Grey Economy at the Mastercard Prepaid and Government Conference 2017 The Informal Economy, or if you have a…
- 30 Sept 2013
MasterCard Launches Priceless Africa, Rates CBN’s Cashless Successful
By end of Q4, 2013 Nigeria’s gross domestic product (GDP) ranking would have surpassed South Africa’s and making the oil rich West African nation the largest economy in the continent; Daniel…
- 21 Dec 2016
Wari, Mastercard Fighting ‘Cash’ in 35 African Markets
Wari and Mastercard signed a Strategic Alliance Agreement that will help strengthen the Wari offering for its users but also the digital payment ecosystem in 35 African markets. The two technology…
- 14 Mar 2022
Kari Tukur, MasterCard Executive, Joins DLM Capital Group
Prominent Development Investment Institution, DLM Capital Group, has appointed Ms. Kari Tukur, Vice President of products at Mastercard Sub-Saharan Africa, to its board of directors. Kari brings to…
- 1 Aug 2018
IFC, Mastercard Present Key Tool to Expand Digital Financial Inclusion
IFC, a member of the World Bank Group, together with the Mastercard Foundation, yesterday released a digital study that presents a set of best practice financial modeling benchmarks for agent banking…
- 18 May 2020
COVID-19 Response: Mastercard to Connect 1Bn People, 50m Small Businesses, 25 Million Women Entrepreneurs to the Digital Economy by 2025
The health and economic consequences of COVID-19 have highlighted the critical need to support vulnerable populations, many of whom are disproportionately impacted. In this time of global crisis,…
- 30 Mar 2017
Masterpass QR to Impact 250,000 African Merchants on Financial Empowerment
Merchant service provider, Kopo Kopo, announced their partnership with Mastercard to roll out Masterpass QR across 11 markets in Sub-Saharan Africa, impacting over 250,000 micro and small businesses…
- 7 May 2015
MasterCard at EU-Africa B2B Forum Links e-Payment to FDI, Trade
MasterCard on Thursday joined more than 500 African and European heads of state and government, as well as representatives the private sector, investment agencies and media in Mons, Brussels for the…
- 5 Feb 2016
MasterCard Says Cashless Africa Achievable Through Partnerships
With innovation driving financial inclusion, and mobile devices give consumers the power to transact, connect, locate and search and MasterCard believes that collaborations among players will…
- 15 Jun 2015
90% Transactions in Africa Still Done in Cash- MasterCard
In spite reforms, innovations and regulations to minimize the amount of cash transactions in the 21 Century Africa, MasterCard has revealed that cash still accounts for 90% of transactions on the…
- 4 Oct 2018
IFC, Mastercard Foundation Launch Handbook to Promote Financial Inclusion
IFC, a member of the World Bank Group, together with the Mastercard Foundation, has launched the Digital Financial Services for Agriculture Handbook to support the expansion of financial inclusion to…
- 21 Aug 2020
Mastercard Adds Hello Tractor, Nigerian Agri-Tech Firm to Accelerate Programme
Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its…
- 22 Sept 2021
Jobberman Launches Alliance for Better Work Initiative
Jobberman, the single largest job placement website in sub-Saharan Africa, has announced its Alliance for Better Work initiative, as part of its longstanding partnership with the Mastercard…
- 22 Sept 2021
Jobberman Launches Alliance for Better Work Initiative
Jobberman, the single largest job placement website in sub-Saharan Africa, has announced its Alliance for Better Work initiative, as part of its longstanding partnership with the Mastercard…
- 29 Sept 2022
Upskilling Young People to be Entrepreneurial in the age of Technology is Critical
Africa’s young people are undoubtedly one of the continent’s greatest resources. As other regions battle with ageing populations and declining birth rates, Sub-Saharan Africa can lay claim to a…
- 11 Jan 2021
Uganda, Ghana and Botswana have Highest Percentage of Women Businesses owners in the world
The 2020 Mastercard Index of Women Entrepreneurs (MIWE) has once again ranked Uganda (39.6%), Botswana (38.5%) and Ghana (36.5%) as the world’s three leading economies having the most women business…
- 21 Mar 2024
Mastercard hosts 2024 Fintech Forum: Fostering Fintech Ecosystem Collaboration and Innovation
In a noteworthy celebration of Nigeria’s dynamic financial technology ecosystem, Mastercard convened key stakeholders at its Fintech Forum on March 20, 2024. The event served as a demonstration of…
- 21 Jul 2015
AFI, MasterCard Host over 50 Policymakers & Regulators for Africa’s Financial Inclusion
The Alliance for Financial Inclusion (AFI) and MasterCard, with support from the Bill & Melinda Gates Foundation, on Monday implemented a first of its kind technical capacity building workshop…
- 9 Sept 2019
Inlaks Participates in Digital Banking Summit, Wins Best ICT Infrastructure Provider
Inlaks, one of the fastest-growing ICT infrastructure and systems integrator in Sub-Saharan Africa recently received an award of innovation and excellence as the “Best ICT infrastructure Provider of…
- 25 May 2021
Jobberman Partners with NYSC to Train 120,000 Youth Corpers a Year
Jobberman, the single largest job placement website in sub-Saharan Africa, has partnered with the Nigerian Youth Service Corps (NYSC) in a bid to train 120,000 youth corpers a year. The free soft…
- 29 Feb 2024
MTN, Mastercard Partner to Accelerate Mobile Money Payment Across Africa
Mastercard and MTN Group Fintech have signed an agreement to provide all MTN MoMo customers with payment cards. In a joint statement on Thursday, the companies said a virtual and physical Mastercard…