inDrive launches ride-hailing service in Lesotho

inDrive has introduced its ride-hailing service in Lesotho. Unlike conventional ride-hailing apps, inDrive permits drivers and passengers to determine their own fares, rather than complying with prices set by algorithms. Passengers can describe their trip and suggest...

Ukheshe partners with Diamond Trust Bank

Banking as a Service (BaaS) and embedded finance enabler Ukheshe has partnered with Diamond Trust Bank (DTB) to provide an innovative BaaS platform in East Africa. BaaS, the provision of banking products and services through third-party distributors, is expected to...

The metaverse: Africa’s gateway to inclusive digital economies

The metaverse, a captivating virtual world of shared digital spaces, offers an innovative platform for a thriving and inclusive digital economy. The concept is still in its early stages, but as governments and businesses across Africa explore the metaverse for digital...

Absa CIB joins Contour’s production network

Digital trade finance network Contour has announced that Absa Corporate and Investment Bank (CIB) has become the first African bank to officially join its growing production network. Absa CIB’s clients will now have access to Contour’s digital Letter of...

Mastercard partners with EMIS to boost Angolan digital economy

Mastercard has entered into a strategic partnership with the Empresa Interbancária de Serviços (EMIS) to roll out a co-branded contactless card with EMV technology to boost the digital economy and accelerate digital transformation in Angola. Also known as the...