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South Africa’s Teraco eyes data centres in Nigeria and Kenya
Teraco Data Environments, Africa’s largest data centre provider, is considering expanding to Nigeria and Kenya, CEO Jan Hnizdo tells The Africa Report. The ...
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SystemSpecs Supports Young Innovators, Emphasizes Need for Product Differentiation
Frontline technology firm, SystemSpecs, has again, demonstrated its commitment to promoting innovation in Nigeria by its sponsorship of the UK-Nigeria Tech Hub Devcamp, ...
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Ex-SoFi CEO Starts Blank-Check Company to Raise $250 Million
Mike Cagney’s blockchain lending startup Figure Technologies Inc. plans to raise $250 million through a new blank-check company, according to an SEC filing. The special ...
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Saudi Arabia’s new instant payment system seen as catalyst for e-commerce, fintech sectors
The arrival of the United Kingdom’s first instant payment system (IPS) has been hailed as a major breakthrough by retailers and financial experts. ...
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China’s Black Lake raises $77M to give factories a digital upgrade
Zhou Yuxiang doesn’t have the typical profile for working in China’s manufacturing world. A soft-spoken yet incisive person in his early thirties, Zhou ...
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Gophr, the UK last-mile delivery company, picks up £4M funding
Gophr, a U.K.-based last-mile delivery provider, has raised £4 million in funding as it looks to invest in its product off the back ...
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Nigeria’s external reserves falls below South Africa, Ghana others
The strength of Nigeria’s external reserves may have further weakened as it plunged to $35.633 billion despite strong run of oil price, with ...
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Sweden extends CBDC trials to February 2022
A trial of central bank digital currency in Sweden is to be extended for another year to 2021, in a bid to better ...
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Deutsche Bank, Southeast Asia’s 2C2P to launch payments platform in Thailand
Deutsche Bank has joined forces with Southeast Asia’s 2C2P to launch a digital payments platform in Thailand. The banking group reported that through 2C2P’s platform, corporate ...
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American Express introduces the American Express Explorer Card in Hong Kong
American Express has launched the American Express Explorer Credit Card (‘The Explorer Card’), a new product to meet the changing needs of customers in ...