News
SA: SA-based Logistics Startup, Droppa, Raises Undisclosed Amount of Series A Fund from SkyNet
Logistics service provider, Droppa, has raised an undisclosed amount of Series A funding from SkyNet Worldwide Express. The capital will help in the ...
News
Nigeria: QED makes its first African investment, backing Nigerian fintech TeamApt in $50M+ deal
QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment ...
News
Uganda: Top Finance Bank Uganda Acquired By Djibouti’s Sab
Credit institution, Top Finance Bank Uganda has been acquired by Salaam African Bank (SAB), a financial firm based in Djibouti. The development was ...
Ethopia
Ethiopia: Banking Sector Continues to Grow Despite Various Challenges – NBE Governor
The banking sector continued to register growth despite various challenges such as COVID-19, conflict, and the Ukraine-Russia crisis, Governor of the National Bank ...
Africa
Africa: SkyMax and Ericsson to build next-gen 5G network in Sub-Saharan Africa
Multi-national wireless communications company SkyMax Network Limited, and Ericsson have signed a Memorandum of Understanding (MoU) to create a partnership aimed at building a next generation 5G ...
Africa
Africa: Visa steps up to help African women fund managers grow their businesses
Global digital payments services provider Visa, has announced a grant for the African Women Impact Fund (AWIF), a collaboration between Standard Bank and ...
News
South Africa: Unilever and Global Alliance Africa Announce Winner of Innovation Exchange Challenge
Global Alliance Africa, a project delivered by Innovate UK KTN and Unilever have today announced Sharon Rapetswa as the winner of their Innovation ...
News
Nigeria: NCC ​Remitted N463b to Federation Account in 5 Years
In the past 5 years, the Nigerian Communications Commission (NCC) transferred N463 billion to the Federal Government’s Consolidated Revenue Fund (CRF). Prof. Umar Danbatta, Executive ...
Africa
Africa: Airtel Africa secures $125 million loan facility from Citibank
Airtel Africa has signed a $125 million revolving credit facility with Citi through its branch offices/subsidiaries in sub-Saharan Africa. This is contained in ...
Global
Global: Western Union Expands Integration With Visa Direct
Western Union is expanding its integration with Visa’s real-time money movement network Visa Direct to enable Western Union customers in the U.S. to send funds in ...