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Angola: Standard Bank to raise stake in Angolan unit
Johannesburg-based Standard Bank has expressed interest in buying more shares in its Angolan unit after government authorities detained an investor and seized his ...
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First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange
The first bitcoin exchange-traded fund (ETF) in North America has been approved to launch in Canada. Purpose Bitcoin ETF, an alternative mutual fund, ...
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Kenya records 56 million Cyber attacks in three months
Cyber attacks on Kenyan businesses increased by nearly 50% in the last quarter of 2020 compared to the same period in 2019. According to ...
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Nigeria Securities and Exchange Commission Clarifies position on Digital Assets
The Securities and Exchange Commission (SEC) of Nigeria has clarified the perceived policy conflict of it’s position on digital assets and the recent ...
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Kenyan paytech Popote raises funding from GreenHouse Capital
Kenyan paytech, Popote, has raised an undisclosed amount of funding from Lagos-based investment firm, GreenHouse Capital, to help it scale. Popote launched its ...
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BLOC Smart Africa fund secures capital from Ivory Coast & Luxembourg
The governments of Ivory Coast and Luxembourg are prepared to invest a total of €10 million ($12 million) into Bamboo Capital Partners’ BLOC ...
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Nigeria’s Xend Finance increases size of funding round to $2m
Nigerian fintech, Xend Finance, a decentralised finance platform for credit unions and cooperatives, has topped up its funding round to $2 million as ...
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Raiffeisen Bank to buy Czech Republic’s consumer lender Equa bank
Raiffeisen Bank International (RBI) has agreed to wholly acquire Czech Republic’s Equa bank, which focuses on consumer lending, for an undisclosed sum. Austria’s ...
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Italian neobank illimity turns €16m loss into €31m profit in a year
Ilimity, the Milan-based neobank which came out of the Spaxs-Banca Interprovinciale merger, turned over a €31.1 million net profit last year. That’s an ...
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Women in Tech Virtual Forum to Launch
Two technology giants have joined forces to introduce an all-women virtual forum that will bring women in the South African tech space together ...