Kenya
Kenya: M-Pesa Reaches 50mn Active Monthly Customers
Safaricom has announced that its mobile money service M-Pesa has reached 50 million monthly active customers. M-Pesa Africa MD, Sitoyo Lopokoiyit, in a ...
Rwanda
Rwanda: KOICA invests $7.1M into the Rwanda Coding Academy
KOICA (The Korea International Cooperation Agency) just signed a Record of Discussion with Rwanda’s Finance and Education ministries for the implementation of the US$7.1 million ...
Africa
Francophone Africa’s largest Serie A makes Wave the new $1.7B valued unicorn
Sequoia Heritage, Stripe, Founder’s Fund, and Ribbit Capital led a $200 million Serie A round of funding into Wave – a U.S and Senegalese mobile money payment provider. Other players ...
News
Nigeria: First Bank launches LIT App, reinforces commitment to put customers first
First Bank of Nigeria Limited has announced the launch of the LIT Application, created to revolutionise the culture and experience of mobile banking ...
News
Nigeria: Telcos to pay N200,000 fine per line over failure to verify NIN – NCC
The Nigerian Communications Commission (NCC) has proposed a fine of N200,000 for telecommunications companies that fail to verify and validate biometric, National Identity Number (NIN) ...
Nigeria
Nigeria: Seven entrepreneurs to participate in Endeavor Nigeria ScaleUp Programme
Seven entrepreneurs leveraging technology to ensure their startups provide sustainable solutions across and beyond Nigeria have been selected to participate in Endeavor Nigeria ...
Nigeria
Nigeria startup Autocheck expanding into East Africa with new acquisitions
Nigeria automotive tech company Autocheck has announced the acquisition of Checki Kenya and Uganda for an undisclosed amount. The two acquired car classifieds platforms were ...
Morroco
WitaMax invests in Morocco fintech startup Lacaisse.ma
Lacaisse.ma, a Morocco-based startup has received an undisclosed amount of funding from WitaMax. The startup launched in 2016 and offers a modern concept ...
Ghana
MTN Ghana Donates $1.6-Million to Girls in ICT Program
MTN Ghana, the Ghanaian arm of Africa’s largest telecom, has donated $1.6-million (GHS10-million) to support the Girls in Information Communication Technology (ICT) Project. A ...
Egypt
Egypt: Global Finance Names Tarek Amer As One of World’s Top Ten Central Bankers
Global Finance Magazine named Governor of the Central Bank of Egypt (CBE) Tarek Amer as one of the world’s top ten central bankers ...