Ethopia
Africa’s largest wireless carrier no longer interested in Ethiopian licence
As Ethiopia reopens bidding for the sale of a second telecom operator licence to international firms, the process seems to have received an ...
News
Telkom SA appoints new Group CEO
Telkom South Africa has announced the appointment of Serame Taukobong as Group CEO Designate with effect from 01 October 2021. Taukobong will assume the ...
Rwanda
Rwandan Startup Wins Rwf150 Million in a Global Tech Competition
Local startup, Kitech, has scooped an international accolade through a competition by Global Startup Ecosystem, which supports corporate innovations and helps tech companies ...
Africa
PayQin raises seed round to drive payments across West Africa
PayQin, a cross-border payment startup that operates a comprehensive e-wallet service for the underbanked in West Africa, is announcing a new €300K seed ...
Africa
Namibia: Central Bank to Conduct Balance of Payment Census
THE Bank of Namibia plans to conduct a balance of payment (BoP) census to increase Namibia’s BoP sample size and statistics. In a ...
Africa
Union54 becomes first Zambian fintech accepted into Y Combinator
Twice a year, a list of startups are admitted into Y Combinator’s cohort, receiving training, seed funds and all that’s needed to scale. ...
South Africa
Revio, a South African-based fintech startup, receives $1m in seed round
South Africa’s fintech startup, Revio that leverages digital technology to manage payments and subscription billings for various companies has received a $1 million ...
News
Nigeria: Wema Bank considers M&A opportunities, plans to raise N40bn
Wema Bank is considering the acquisition of a fintech firm or a merger with another commercial bank to boost its customer base and ...
Ghana
IMF lowers Ghana’s inflation forecast to 9.6%
The International Monetary Fund is projecting a 9.6% inflation by the end of the year before returning to target next year. This means ...
Regulatory
Zimbabwe: RBZ Moves To Clear US$1,7 Billion Forex Backlog
THE Reserve Bank of Zimbabwe (RBZ) is moving to clear a US$1,7 billion foreign currency backlog which has been blamed for retarding progress ...