Mastercard Foundation picks Sewit Ahderom as new CEO, beginning January 2026

Sewit Ahderom will take over as CEO on January 1, 2026, continuing the Mastercard Foundation’s history of female leadership after Reeta Roy’s 18-year tenure.

Mastercard deepens Africa strategy with Smile ID investment and partnership

Mastercard’s investment in Smile ID strengthens the global payments giant's Africa strategy. Here is what you need to know.

MTN’s $5.2B fintech spinoff moves forward, but faces regulatory delays in Nigeria

MTN’s fintech spinoff signals a major shift for investors. As of writing, MTN Nigeria’s stock holds steady at ₦245 with 2,093,488 shares traded.

Allawee credit card launch in partnership with Mastercard, in line with Credicorp 2030 mandate

Allawee, in collaboration with Mastercard, Providus Bank, and Remita has launched a credit card in Nigeria. The launch aligns with Creditcorp's 2030 mandate.

What’s up with virtual dollar cards in Nigeria? And what’s the alternative

"Life-saving" virtual dollar cards in Nigeria has come under attack, as leading provider pulls plug. What could make them pull the plug and what are the alternatives for consumers and fintechs alike?

Disrupt Africa releases report on African tech startups funding in 2021

The African Tech Startups Funding Report explored the important details about the over $2.148 billion in 800+ deals that were raised by African startups in 2021 — the number of funded startups grew by 42.1 per cent on 397 in 2020.

Anzisha Prize announces 20 finalists for Very Young African Entrepreneurs 2020

Anzisha Prize announced the finalists of its Very Young African Entrepreneurs annual competition on Thursday, September 17, 2020.