Africa Doesn’t Have a Capital Problem, It Has a Connection Problem

Africa receives up to $100B in remittances each year, more than FDI and aid. But most of it disappears into one-way flows.

Interoperable, Yet Uneven

Yigermal Meshesha argues that Ethiopia’s digital payments growth has been measured in hardware, more POS terminals, more QR codes. But the real test is no longer expansion. It is reliability

LakiPay Bets on Ethiopia’s Content Creators with New Digital Remittance Platform

Ethiopian fintech LakiPay has launched a digital remittance platform targeting the creator economy promising content creators up to 95% of their earnings from online gifts.

Premier Switch Solutions Posts Modest 4% Net Profit Growth Amid Birr Depreciation, Inflation Pressures

Premier Switch Solutions has reported a 4% rise in profit to 88.8 million Br, holding off fee increases even as the Birr depreciated 170% and inflation sustained.

Arifpay Launches MFI Switch and Wallet as Sector Pushes Toward Digital Services

The tools connect MFIs to the national payment system and allow clients to manage loans and savings digitally.

Berhan Bank, SantimPay Sign Deal to Deploy PoS Devices Across Ethiopia

SantimPay and Berhan Bank have partnered to deploy low-cost POS devices nationwide.

DizzitUp Channels Diaspora Remittances to Empower African SMEs with Latest Token Airdrop

Africa receives $100B+ in remittances annually, yet SMEs see very little of it. DizzitUp wants to change that with a blockchain-powered platform connecting diaspora payments to local businesses.

Visa and Santimpay to Roll Out 20,000 PoS Machines Across Ethiopia

Visa is betting big on Ethiopia’s cash-heavy economy. Partnering with Santimpay, they’ll deploy 20,000 PoS machines this year.