Africa Matters

Visa Powers Africa’s Digital Payments Revolution with New Fintech Investments

Visa Makes Strategic Investments in Four Leading African Fintech Startups By Elizabeth Antidius Shumbusho | Africa Guardian Visa, a global leader in digital payments, has announced strategic investments in four fintech startups that graduated from the inaugural Visa Africa Fintech Accelerator program. These investments reinforce Visa’s commitment to fostering digital innovation across Africa, advancing fintech growth, and enhancing financial…

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Workpay Secures $5M in Series A Funding to Accelerate African Expansion

By Edson Baraukwa | Africa Guardian Nairobi-based HR, payroll, and benefits platform, Workpay, has announced the successful completion of a $5 million Series A funding round led by Norrsken22. The investment round also saw participation from Visa, Y Combinator, Saviu Ventures, Axian, Plug n Play, Verod-Kepple Africa Ventures, and Acadian Ventures, a firm specializing in next-generation work technologies. This…

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Kenya to become visa-free to African visitors

Kenya is to end visa requirements to all African visitors by the end of the year, President William Ruto has said. “It is time we… realise that having visa restrictions amongst ourselves is working against us,” he told an international conference. Visa-free travel within the continent has been a goal of the African Union (AU) for the past decade….

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Tanzania jumps seven positions in the 2023 ranking of most powerful passports

Dar es Salaam. In a significant leap, the Tanzanian passport has advanced seven positions in the latest 2023 Henley Passport Index, now securing the 69th spot among the world’s most powerful passports. This marks a substantial improvement from its previous ranking of 76th in 2022. According to the updated ranking, Tanzanian passport holders enjoy visa-free travel to 73 countries….

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Visa to Invest $1 Billion in Africa After Opening New Offices

Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. The investment will be spread over five years, Chief…

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