Africhange

Nigerian Fintech Africhange Launches in the UK, Revolutionizing Nigerian Remittances

Africhange, a Nigerian fintech company, has launched its operations in the UK. The company aims to meet the growing demand for convenient remittance services between the UK and Nigeria. This expansion marks a significant step for Africhange as it seeks to provide a seamless and cost-effective platform for money transfers across various regions. Global Reach…

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Internet Revolution: How Starlink Is Transforming Kenya Amid Unrest and Outages

Amid political unrest in Kenya, the reliability of traditional internet infrastructure has come under scrutiny. On a recent Tuesday evening, internet speeds were throttled during anti-government protests, leading to public outcry. Kenyans turned to Virtual Private Networks (VPNs) to maintain their online connectivity. The Communications Authority of Kenya (CAK) denied any plans for an internet…

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Revolutionizing Imports Trade: How Kenya’s iCMS Cuts Customs Clearance Times by 60%!

How the Integrated Customs Management System Works Customs agencies worldwide face the dual challenge of facilitating trade while ensuring regulatory compliance. To address these challenges, the Kenya Revenue Authority (KRA) has implemented the Integrated Customs Management System (iCMS), a streamlined and efficient platform designed to integrate various customs processes into a cohesive system. This article…

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African Cross Border Fintech

Transforming Africa’s Cross-Border Payments: A Bold New Approach

Transferring money between African countries can be incredibly frustrating. High fees, poor infrastructure, and security risks plague both individuals and businesses engaged in intra-African trade. Fintechs, banks, and mobile network operators (MNOs) are striving to improve cross-border payments in Africa. Innovations like blockchain, real-time transfers, and better national settlement systems are paving the way for…

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Equity Group

Boostika vs Fuliza: Analysis of Equity Bank and Safaricom Overdraft Features & Repayment Terms

Two giants, Equity Bank and Safaricom, have innovative overdraft facilities – Boostika and Fuliza, respectively. We dive into the details of these products, comparing their features, repayment terms, and eligibility criteria. Equity Bank Boostika The Genesis of Boostika Equity Bank Kenya has stepped into the realm of overdraft solutions with the introduction of Boostika. This…

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Equity Bank Introduces ‘Boostika’ Overdraft Loan to Rival Safaricom’s Fuliza

Equity Bank Kenya has made has yet again made groundbreaking announcement, introducing its latest financial solution, ‘Boostika,’ which is an overdraft loan facility set to challenge Safaricom’s Fuliza. How Boostika works The innovative unsecured facility empowers customers to overdraft their accounts, allowing transactions of up to Ksh 100,000 (USD 625), facilitating seamless shopping experiences even…

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