Africa
Bolt raises €600m from Sequoia, others to continue building first-ever super-app
Bolt, the leading ride-hailing and mobility platform, has raised €600 million in a funding round that increases its valuation to over €4 billion. ...
Egypt
EGYPT’S BANK DEPOSITS IN LOCAL CURRENCY INCREASE BY EGP 376.1BN DURING H1 2021
Egypt’s bank deposits in the local currency increased by EGP 376.104bn to EGP 4.036trn during the first half (H1) of 2021, compared to ...
Regulatory
Tanzania: Pesapal secures TCRA License
Pesapal has received the National Application Service License (AS) from Tanzania Communications Regulatory Authority (TCRA). “The acquisition of this license which is under ...
Africa
AfDB launches Transaction Guarantee for trade transactions in Africa
The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument, according to Devdiscourse. Transaction Guarantee is designed ...
Africa
West Africa: 13th West Africa Internet Governance Forum (Waigf)
The ECOWAS Commission and its partners virtually convened the 13th edition of the West Africa Internet Governance Forum (WAIGF) with various stakeholder groups ...
Africa
Kuda, the African challenger bank, raises $55M at a $500M valuation
Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of ...
News
Rwanda: MTN Mobile Money Breakdown Disrupts Business, Service Delivery
MTN services including mobile money, YOLO and buying internet or voice bundles were down for a couple of hours, Sunday August 1, triggering ...
Nigeria
Nigeria: BDCs -With one stone Emefiele has shot at corruption, money laundering, terrorism
In a bid to streamline the nation’s forex market and bring sanity in the foreign exchange system, the regulatory watchdog of Nigeria’s monetary ...
Africa
Apply Now: $20,000 for African Blockchain Financial Solutions
Access to financial services will play a critical role in economic growth and poverty reduction for the 1.2 billion people live on the African ...
Africa
Orange Announces Appointment of 3 New CEOs for Africa and Middle-East
In agreement with its local partners and during the Board of directors meetings of its subsidiaries, Orange has appointed the following CEOs for ...