Africa
Africa: Wema Bank selects Union Systems for their International Trade Finance Automation
Union Systems Limited, Africa’s leading trade finance company, partners with Wema Bank Plc to automate its trade finance operations. The bank selected Union ...
Africa
Africa: Equinix Enters Africa, Closing the US$320 Million Acquisition of MainOne
Acquisition signals the first step in Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company, enabling organizations to accelerate digital ...
Africa
Africa: UPS Partners Jumia to Expand Logistics Services in Africa
Jumia and UPS announced today a partnership giving UPS access to Jumia’s last-mile logistics capabilities and infrastructure to grow its delivery services in Africa. Leveraging ...
Egypt
Egypt: Telecom Egypt announces Egypt’s first open access Internet Exchange
Telecom Egypt, and AMS-IX, one of the largest subsea cables operators in the region have announced the launch of EG-IX, the first open access ...
Kenya
Kenya: CBK sees current account deficit rising to 5.9 percent
The Central Bank of Kenya (CBK) has revised its projection of this year’s current account deficit to 5.9 percent of GDP from 5.2 ...
News
Nigeria: Digital Identity Firms Launch ADVSP – Association of Data Verification Service Providers in Nigeria
Companies within the digital identity industry in Nigeria have announced the launch of the Association of Data Verification Service Providers (ADVSP). The Association’s ...
News
Nigeria: Stop dealings with illegal financial operators, FSRCC warns
The Financial Services Regulation Coordinating Committee (FSRCC) has warned the general public to desist from dealings with illegal financial institutions in the country ...
News
Nigeria: SIM-Nin Linkage – After Many Deadlines, 73 Million Unlinked Subscribers Barred From Making Calls
A total of 73 million active mobile lines in Nigeria will not be making calls from today. This follows the federal government’s directive ...
Kenya
Kenya: Lipa na M-Pesa to take payments from Airtel
Airtel subscribers will this week start paying for goods and services through Safaricom’s Lipa na M-Pesa, enabling a seamless transfer of money through ...
Kenya
Kenya: Kenyan social commerce startup Tushop raises $3m to scale community group-buying
Kenyan social commerce startup Tushop, which enables communities in Nairobi to buy groceries more cheaply with free delivery, has secured US$3 million in ...