Binance Appoints Sammy Mutua, Former M-PESA, Visa and Letshego Executive, as the new General Manager for Africa
Binance announced the appointment of Sammy Mutua as its new General Manager for Africa, bringing on board a seasoned executive with more than two decades of experience in the continent’s financial services and payments industry.
Mutua is no less of experience, the appointed GM in the continent previously held leadership roles at M-PESA Africa, Visa, and Letshego Group. In these firms Mutua played key roles in driving payments innovation, strategic partnerships, and market expansion across Africa.
Crucial Time For Appointment!
His appointment comes at a time when interest in blockchain technology and digital assets is growing rapidly across the continent. Binance is betting on Africa’s expanding digital economy, increasing demand for affordable cross-border payments, and the need for broader financial inclusion. As governments strengthen oversight of digital asset markets, the company is also looking to deepen engagement with regulators and institutional partners while supporting the development of practical blockchain solutions.
Speaking on his new role, Mutua described Africa as one of the most important regions for the future of digital assets, highlighting the continent’s innovation, entrepreneurial energy, and growing digital ecosystem. He emphasized the importance of building solutions that reflect local realities and create tangible value for communities. Through education programs, partnerships, and regulatory dialogue, Binance continues to position itself at the center of Africa’s emerging digital finance landscape.
On the appointment, Mutua noted, “Africa represents one of the most important regions for the future of digital assets, with strong fundamentals driven by innovation, a growing digital economy, and clear demand for more efficient financial systems. What is critical now is building in ways aligned with local realities, working alongside regulators, partners, and communities to ensure that digital assets deliver tangible value. I’m looking forward to contributing to that effort and supporting the continued development of this ecosystem across the continent.”
Strong Financial Literacy Background!
Mutua has a Master of Science in Financial and Business Economics and he has built his foundation in early product development at Standard Chartered Bank before rising through the ranks of the financial establishment.
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His career essentially maps the evolution of the African fintech sector. During his recent tenure as Executive Head of Payments at M-Pesa Africa, Mutua managed digital payment ecosystems serving millions of micro-businesses across seven countries. Driving partnership discussions, integrating new capabilities, and expanding the ecosystem for the continent’s most ubiquitous mobile money platform.
Furthermore, his extensive leadership spans complex portfolios across traditional banking and the Letshego Group. In these roles, he successfully married traditional banking infrastructure with digital agility to drive consistent balance sheet growth.
Sammy Mutua replaces Nadeem Anjarwalla, who recently has found himself in hot soup and is under Nigerian investigations for Tax evasion and money laundering. With such an extensive knowhow, Mutua is the right choice for the role and iGamingAFRIKA wishes him all the best at his new role.
