News
NIGERIA: ARISE B.V. INVESTS N30.7BN IN ECOBANK
Ecobank Transnational Incorporated (ETI), the Lomé, Togo-based parent company of the Ecobank Group, has announced a $75 million (N30.7bn) additional Tier-1 (AT1) investment ...
Africa
Mastercard, Paycode partner to onboard 30 million individuals for financial access in remote communities
Mastercard’s Community Pass platform will be added to Paycode’s biometric identity and offline payments solution to unlock services for the underserved and unbanked ...
Egypt
Egyptian fintech MNT-Halan secures USD 120 million of investment
MNT-Halan the Egypt-based multi-integrated FinTech ecosystem and debt solutions provider has completed a successful $120M funding round led by key regional and international investors ...
Nigeria
Nigeria: Court temporarily unfreezes Bamboo accounts, gives reasons
A federal high court in Abuja has ordered temporary opening accounts of Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd to enable them pay ...
Innovation
Absa wants to introduce a digital ID in South Africa
Introducing a self-sovereign digital identity (SSDI) could address some of the key concerns around privacy and online fraud in South Africa, says Absa. ...
Africa
Flutterwave announces new mobile money partnership with MTN across Africa
Flutterwave, Africa’s leading payments technology company, has announced a mobile money partnership with MTN Group, Africa’s largest telecommunications provider. This partnership will allow ...
Nigeria
Nigeria: Decagon secures $26.5m financing from Sterling bank
Tech start-up, Decagon, has closed a $1.5 million seed equity round from early-stage VCs as well as a $25 million student loan financing ...
Ethopia
Ethiopia: EU watchdog clears Vodafone, Safaricom venture for Ethiopia entry
The European Commission (EC) has cleared a joint venture between Safaricom and its parent firm Vodafone for Ethiopia entry after initially announcing plans ...
News
SOUTH AFRICA:RESERVE BANK GOVERNOR SAYS SOUTH AFRICA SHOULD TARGET LOWER INFLATION
Reserve Bank governor Lesetja Kganyago says South Africa should adopt an inflation ‘point target’ of around 3% or 4% with a margin of ...
Nigeria
Nigerian fintech startup, Prospa raises $3.8 million pre-seed round
Nigerian fintech startup, Prospa has closed a $3.8 million pre-seed round. The investors in the round include VCs like Global Founders Capital and ...