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MTN and 9mobile plan to commence network-sharing arrangement
Leading telecom service providers MTN and 9Mobile plan to request regulatory permission for an agreement to let customers share their networks, an official ...
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SystemSpecs – The Evolution of an African Technology Powerhouse
Africa’s digital revolution has been hailed as one of the continent’s most historic changes in the past decade. Despite challenges with infrastructure, prevalent ...
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South African fintech startup Yoco grows to 120,000 merchants amidst e-commerce surge
Yoco’s digital payments network, which includes point-of-sale card machines, tools to help businesses set up online payments, and credit advance, now serves 120,000 ...
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Uber is buying alcohol delivery service Drizly for $1.1B
Uber has announced plans to acquire alcohol delivery service Drizly. The approximately $1.1 billion deal includes stock and cash and is expected to close in ...
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Abu Dhabi’s pension fund partners with Adnoc in $900m real estate deal
Abu Dhabi National Oil Company is teaming up with the emirate’s pension fund, which has become an investor in its real estate assets ...
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DMO announces February 2021 FGN Savings Bond offer for subscription
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, recently offered for Subscription the February 2021 Federal Government of ...
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Australian Dollar Falls as RBA Extends Government Bond Purchases
The Reserve Bank of Australia (RBA) kept its cash rate on hold at 0.10% in its first policy rate decision of the year. ...
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Israel’s FinTLV Raises $120 Million for FinTech and InsurTech Investments
FinTLV, a Tel Aviv-based fund that specializes in FinTech and InsurTech companies in their “growth stage” phases, announced in a press release that it has ...
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Deutsche Bank Says $31 Million Blockchain Investment Could Save Capital Markets ‘Billions’ Of Dollars
Blockchain , Axoni has raised an additional $31 million from German Bank Deutsche Bank, Intel Capital, Swiss bank UBS and existing investors including ...
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Euro zone economy contracted by 6.8% in 2020 on Covid lockdown shock
The euro zone economy dropped by 0.7% in the final quarter of 2020 as governments stepped up social restrictions to contain a second wave of ...