MTN Fintech Platform Drives Surge in Digital Payments as Transactions Top US$ 500 Billion
MTN Group has reported a sharp expansion in its financial technology platform in 2025, with digital payments surging as more customers adopted advanced mobile money and fintech services
One-off Tax Settlement Clouds MTN Uganda's Strongest Operating Year Since Listing
MTN Uganda reported full-year 2025 service revenue of USh 3.6 trillion, up 13.4%, driven by a 28.8% surge in data revenue to USh 1.0 trillion and 17.3% fintech growth to USh 1.1 trillion. EBITDA rose 17.0% to USh 1.9 trillion, expanding the margin to 53.8%. Reported profit after tax grew 5.8% to USh 679 billion after absorbing a one-off USh 110.9 billion transfer pricing settlement with the Uganda Revenue Authority. Adjusted net profit rose 23.1% to USh 790 billion. The board declared a total dividend of USh 28.75 per share, up 27.2%.
UAE’s ASSNTURE Expands Digital Securities Operations to Kenya
Kenya, Rwanda Central Banks Sign Pact to Ease Cross-Border Payments
The agreement establishes a framework for cooperation between the two central banks and introduces groundwork for a “passporting” framework that will allow payment service providers licensed in one country to operate more easily in the other.Equity’s Mwangi Says Banks Must Adapt as Fintech Redefines Finance
Banks need to reinvent themselves around digital infrastructure, data and partnerships or risk losing relevance as financial services evolve beyond traditional banking models,Nigerian Startup Prembly Unveils Shared Fraud Database for African Fintechs
Nigeria-based identity verification startup, Prembly, has launched an open fraud-intelligence database aimed at helping banks, fintechs and online platforms detect scams earlierLemFi secures Bank of Canada registration to strengthen position in Canada’s $8.6bn remittance market
Registration under Canada’s new Retail Payment Activities Act (RPAA) places LemFi within the country’s new robust federal supervisory framework.
Fragmented Payment Systems are Slowing Africa's Trade, Rwanda's Trade Minister Says
Safaricom's M-PESA Crosses 40 Million Users in Kenya
Safaricom said M-PESA has reached 40 million monthly active customers in Kenya, marking 19 years since the mobile money platform launched on 6 March 2007.Inside Kenya’s $10 Billion Stablecoin Market
For a market once driven by retail speculation, Kenya’s crypto evolution now appears firmly anchored in institutional stablecoin flows.
Pesalink and Pan-African Payment and Settlement System (PAPSS) Partner to Ease Cross-Border Payments
Pesalink has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payments and speed up regional financial integration.
Emirates, Cellulant Partner to Let Kenyans Split Airfare Payments
The feature targets Kenya’s mobile-first market, where mobile wallets like M-PESA and Airtel Money dominate but daily and per-transaction caps can restrict access to international airfare.
