News
SA: Government pension fund freezes R70 billion mandate with PIC
The South African Government Employees Pension Fund, Africa’s biggest pension fund, said it may take as long as a year to negotiate a ...
Africa
Three Nigerian firms win $480,000 Jack Ma funding for African businesses
The programme, funded by Jack Ma, awards hundreds of thousands of dollars to startups that seek to solve major problems in Africa. Three ...
South Africa
Tencent leads R750m investment in SA fintech Ozow
Tencent has invested in a South African financial-technology provider helping the Chinese internet giant expand in the continent’s most developed economy. The Hong-Kong ...
News
Nigeria: NGX spotlights SPACs as a viable alternative route to public markets
In recognition of the role Special Purpose Acquisition Companies (SPACs) play in catalyzing economic growth through public markets Nigeria and Africa, Nigerian Exchange ...
Intelligence
Digital Payments in Kenya Grow Beyond Pandemic-Led Push, reports Cellulant
The growth witnessed in Kenya is reflective of the payments landscape in the rest of Africa, reports Cellulant, with a noted shift in ...
Africa
Lake Harvest Zambia Joins the Tingg Digital Payment Ecosystem
This partnership will place Cellulant’s payment platform, Tingg, in all of the 13 Lake Harvest outlets across Zambia and ensure they are able ...
Ghana
Ghana: Ecobank Ghana Wins Big At the CIMG Annual National Marketing Performance Awards
Ecobank Ghana won three prestigious awards at the 32nd Chartered Institute of Marketing Ghana (CIMG) Annual National Marketing Performance Awards held recently in ...
South Africa
SA insurtech startup Root closes a $3M seed funding round
Cape Town-based startup Root has closed a $3 million seed funding round. The startup is a cloud-based end-to-end insurance platform building infrastructure for the digital ...
Nigeria
Nigeria transportation startup Shuttlers raises a $1.6M seed round
Nigeria tech-enabled and shared mobility startup Shuttlers has completed a US$1.6 million seed round and looks to scale its operations to cities across Africa. The ...
News
IFC partners with Absa Bank to boost trade finance in Sub-Saharan Africa
IFC has welcomed Absa Bank to its Global Trade Liquidity Program (GTLP). The partnership is aimed at boosting access to trade finance in sub-Saharan Africa, especially ...