How lack of consequence for loan defaults is destroying the African credit ecosystem
Industry Information

How lack of consequence for loan defaults is destroying the African credit ecosystem

Lack of loan default consequences is destroying Africa’s credit ecosystem from the inside out and it's causing a vicious cycle of distrust.

Bank of Ghana’s new licensing rule for digital lenders
Industry Information

Bank of Ghana’s new licensing rule for digital lenders

The Bank of Ghana has officially announced a new phase in digital credit regulation. Starting November 3, 2025, the central bank will begin accepting applications from entities seeking to operate as Digital Credit Service Providers. This includes every mobile loan application, digital lender, or fintech company offering credit services through apps or online platforms. Existing […]

MPowa Finance vs Wonga: which is the best in South Africa
Borrower information

MPowa Finance vs Wonga: which is the best in South Africa

The truth is that neither is perfect. MPowa is strict but fast. Wonga is flexible but requires proof. Choosing between them isn’t about which app sounds better, but which one fits your financial reality?