8 articles tagged with “cross-border payments”
Kenya's KCB Group reported $530 million net profit for 2025 driven by National Bank of Kenya divestiture, while Nigerian fintech PalmPay expands physical presence amid tightening Central Bank oversight.
Nigeria's banking sector shows robust growth with Jaiz Bank posting 75% monthly gains following N31.3 billion profit, while Access Bank eliminates outbound transfer fees for Pan-African Payment and Settlement System transactions through April 2026.
Nigerian fintech Cardtonic has partnered with lifestyle influencer Rahman Jago to position seamless payment infrastructure as the backbone of modern African mobility, targeting a generation that moves fluidly between Lagos, London, and Dubai.
Bluebulb's Orbita treasury platform and Flutterwave's Send App '2025 Postcards' campaign represent divergent but complementary approaches to solving Africa's persistent cross-border payment challenges, targeting businesses and diaspora communities respectively.
The Federal Airports Authority of Nigeria and MTN are rolling out free WiFi at major airports while the Central Bank tackles the regulatory challenges of digital cross-border payments.
Nigeria advances twin pillars of digital transformation with free airport WiFi in Lagos and Abuja while the Central Bank pursues regulated frameworks for cross-border digital payments, signalling coordinated infrastructure and financial modernisation.
Nigerian fintech Grey has launched a dedicated business platform to streamline international transactions for African startups and small enterprises, addressing persistent foreign exchange and payment settlement challenges that have constrained regional commerce.
Despite ambitious continental integration goals, African trade organizations face persistent obstacles including infrastructure deficits, payment system failures, and political risks that undermine economic unity efforts.