News
Nigeria: FG says Starlink to roll out service in Nigeria before end of 2022
The Federal Government said that Elon Musk’s satellite company, Space X, will be rolling out Starlink Internet Service before the end of 2022. This is even ...
News
Nigerian Banks, FinTechs compete for N400 trillion instant payment market
Nigerian commercial banks are vying for up to N2.7 trillion in unofficial deposits by taking advantage of the six-week window that residents have ...
Nigeria
Nigeria’s Big Banks Valuation Drops to N2.3trn
Nigeria’s top five banks are worth N2.305 trillion, according to stock market screener data, representing a decline as MarketForces Africa had reported a ...
Africa
Africa: 9 African startups graduate from Techstars Toronto 2022 Winter cohort, as its Africa portfolio reaches 29
Techstars Toronto has announced that ten African companies have graduated from its program. The companies, which represent a variety of industries, including finance, ...
Africa
Africa: Visa to Invest $1B in Africa’s Digital Transformation
Visa has pledged to invest $1 billion in Africa to accelerate digital transformation. The announcement was made during the U.S.-Africa Business Forum in Washington Wednesday ...
Ghana
Ghana: Cross-border payments company suspends cedi transfers
Ghana’s local currency – Cedi – has been suspended by cross-border payments company, Wise (WISEa.L), after its appreciation against major trading currencies, especially ...
Africa
Africa: Mastercard partners DFC to boost digitisation and financial inclusion in Africa
Mastercard is working with the US International Development Finance Corporation (DFC) to pump up to $50 million into organisations working to enable digitisation ...
News
Zambia: Cellulant Zambia Extends Services to over 2 Million Zanaco Bank Customers with Pay TV Offering ZM
Cellulant Zambia (Cellulant.io) announced the additional provision of services to Zambia’s largest and most profitable indigenous bank, Zanaco. The bank’s customers can now ...
News
Nigeria: We’re Determined to Build Capacity for Nigerians on Creative Technology – DG NITDA
The provision of massive employment opportunities through digital skills has informed the decision of the Federal Government through National Information Technology Development Agency ...
Egypt
Egypt’s Suplyd raises $1.6M to digitize restaurants supply chain
Suplyd, a procurement platform for hotels, restaurants and catering (HoReCa) businesses in Egypt, has raised $1.6 million pre-seed funding from Endure Capital, Seedstars, ...