Africa
Africa: 3 African startups selected for SOSV MOX accelerator
Three African startups have been selected to take part in the 12th edition of the SOSV MOX accelerator, receiving up to US$150,000 in ...
Egypt
Egypt: Egypt launches $50 million VC programme to support tech startups
Nevine Gamea, Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), stressed the state’s ...
News
Nigeria: CBN unveils N65/$ rebate for non-oil exporters
Exporters will now enjoy a rebate of N65 for every dollar of Non-Oil export proceed sold to third parties through the official foreign exchange ...
News
Zimbabwe: RBZ Freezes Companies’ Bank Accounts for Money Laundering
THE Reserve Bank of Zimbabwe (RBZ) Financial Intelligence Unit (FIU) has ordered the freezing of bank accounts for four companies after detecting money ...
News
Nigeria: TradeDepot acquires Ghana’s GreenLion
The acquisition of Green Lion will help TradeDepot activities and presence in the country as it formerly operated in Accra only Over six ...
News
Zimbabwe: Econet scales up dominance with 5G
ZIMBABWE’S biggest mobile telecomnunications firm, Econet Wireless yesterday launched the country’s first high-speed Fifth Generation (5G) mobile broadband technology, moving the domestic market ...
Kenya
Kenya: CBK seeks digital and mobile payment platforms fees cut
The Central Bank of Kenya (CBK) has asked digital payment service providers including mobile money firms to cut their prices, arguing that they ...
News
Nigeria: Naira loses 10.6% of its value annually, says IMF
The International Monetary Fund says the long-term rate of the depreciation of the naira equates to a loss of 10.6 per cent of ...
Ethopia
Ethiopia: Safaricom sets up first data centre in Ethiopia
Safaricom has unveiled its first China-assembled data centre in Addis Ababa as it gears up to launch its commercial operations in Ethiopia. Built ...
News
Nigeria: Nigeria’s CIT revenue drops by 26.4% in Q4 2021, generates N347.8 billion
Nigeria recorded a sum of N347.81 billion as company income taxes in the fourth quarter of 2021, dropping by 26.4% compared to N472.52 ...
