Visa Pledges R1 Billion to South African Payments Infrastructure as Digital Use Passes 90%
The company says it's building a Johannesburg data center and has already helped 1.6 million South African small businesses start accepting digital payments, framing SMEs as the real test of whether the country's digital shift actually works.
Tech & Startups
Mastercard Says Trust, Not Just Access, Will Decide Africa's Digital Decade
The payments company projects Africa's digital economy could hit $1.5 trillion by 2030, but argues that doubling cybercrime losses and a widening security talent gap could just as easily derail that growth as fuel it.
Tech & Startups
West Africa's New Instant-Payments Rule Isn't as Free as It Sounds, Fintech Executives Warn
BCEAO's mandate makes small transfers across its eight-nation bloc free starting November 2, but industry figures say someone still has to pay for settlement, fraud management and the agent networks behind the scenes.
