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Africa

Africa: From M-Pesa to Digital Identity – Africa’s Fintech Evolution

eriinfo.com1 week ago013 mins

Sub-Saharan Africa is a global leader in the development of mobile financial services. Out of every ten mobile transactions worldwide, seven occur in Africa. The rapid spread of fintech, in which the Central Bank of Kenya played a key role, gave rise to the rapid development of the economic development and innovation. How It All…

Absa appoints M-Pesa boss to lead personal and private banking

eriinfo.com4 months ago04 mins

Absa Group has announced a series of executive leadership changes, headlined by the appointment of former M-Pesa Africa MD Sitoyo Lopokoiyit as CEO of its personal and private banking division. Lopokoiyit, who takes up the role on 1 April, joins from Safaricom, where he led the strategy and growth of M-Pesa, Africa’s largest fintech platform….