Flutterwave receives regulatory approval in Ghana for inward remittance services, enhancing cross-border transactions. South Africa considers e-voting, with strong public support, while Elon Musk points to Ukraine for a cyberattack on X, though experts suggest otherwise. The global smartphone market experiences a 7% growth, with Xiaomi and TRANSSION making significant gains.
Flutterwave has received approval from the Bank of Ghana to provide services for inward remittances, thereby enhancing its role in Africa’s fintech landscape. This approval will enable Ghanaians to efficiently receive funds from overseas through Flutterwave’s platform, joining the existing mobile money ecosystem where over 60% of foreign exchange is processed. CEO Olugbenga
In summary, Flutterwave’s recent approval for inward remittances marks a significant step in bridging financial gaps for Ghanaians abroad. Concurrently, South Africa’s exploration of e-voting indicates a potential modernization of its electoral process, while discussions surrounding cyberattacks on X highlight ongoing cybersecurity challenges in today’s digital landscape. These developments underscore a transformative period for finance and technology across Africa and beyond.
Original Source: thecondia.com