Africa
Africa: FSD Africa Invests $3.5M in Catalyst Fund to Scale Pre-seed Impact Ventures in Africa
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, announced today that FSD Africa has invested $3.5M to anchor the Fund’s presence in Africa, ...
Ghana
Ghana: Dr. Bawumia breaks silence on Ghana’s move to IMF
The Vice President, Dr Mahamudu Bawumia has broken his silence on Ghana’s move to the International Monetary Fund (IMF) for support to stabilise and revitalise the economy. ...
Global
Global: CFTC labels 34 crypto and forex firms as unregistered foreign entities
“Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin ...
News
South Africa: BankservAfrica and AfricaNenda collaborate for instant and cross-border payments in SADC
BankservAfrica and AfricaNenda are pleased to announce their new partnership to broaden access to the TCIB (Transactions Cleared on an Immediate Basis) payments ...
Africa
Africa: Africa-Focused Fintech Zazuu Raises $2m to Scale Its Cross-Border Payment Marketplace
The remittance inflows to sub-Saharan Africa over the past decade have been on an upward trajectory since 2020; last year, it increased by ...
Egypt
Egypt: Durable, flexible, dirt-resistant Why Egypt’s new plastic money ‘environment-friendly’
How does the new polymer-made currency contributes to Egypt Vision 2030? Although one can go cashless in Cairo, and use their credit cards ...
Africa
Africa: AfDB Signs €50m Risk-Sharing Facility Deal with Societe Generale to Support Banks, SMEs in Africa
The Board of Directors of the African Development Bank Group on Wednesday 13 July approved a EUR50 million unfunded risk-sharing facility partnership with ...
News
South Africa: Competition Commission takes direct aim at Google
The Competition Commission has proposed imposing radical changes to Google’s search results in South Africa that go to the heart of the US Internet ...
News
Tanzania: NMB CEO Zaipuna Gets Top Continental Business Leadership Award
THE Chief Executive Officer of NMB Bank Plc, Ms Ruth Zaipuna, has been awarded the prestigious ‘African Business Leadership Commendation Award’ for 2022 ...
News
South Africa: inq.’s acquisition of Syrex gets Competition Commission nod
inq., a Convergence Partner’s company, has received Competition Commission approval without conditions for the acquisition of Syrex, a provider of hyperconverged cloud technology solutions ...
