Ghana has taken a major step toward financial inclusion by enabling payments through its national identification system. The National Identification Authority has introduced a digital wallet feature on the Ghana Card, allowing citizens to use their ID for financial transactions. The Ghana Card, already used for services such as SIM registration and passport applications, now…
Workers in Kenya are reporting improved incomes and a more positive financial outlook. Recent data shows that financial satisfaction has reached 5.9 out of 10, recovering to levels seen in 2023 after a decline in 2024. Around 70 percent of workers expect their financial situation to improve within the next six months, up from 63…
Nearly 300 million adults across Africa remain unbanked, most living in rural and low-income communities. Despite rapid growth in digital financial services, access to formal finance remains uneven. At the same time, opportunity is expanding quickly. According to McKinsey, Africa’s fintech revenues are projected to rise almost fivefold, from approximately US$10 billion in 2023 to…
