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Accelerex Holdings Secures $20m Investment from ACA
Accelerex Holdings, Mauritius (“Accelerex”), today announced that it has signed an investment agreement with regional private equity firm, Africa Capital Alliance (“ACA”), for ...
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Mastercard and USAID launch Project Kirana to empower financialy excluded women
Around the world, gender inequality limits women-owned businesses’ ability to launch, grow, and thrive. To address these gaps, Mastercard and the United States ...
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PwC acquires EagleDream Technologies
PricewaterhouseCoopers’ U.S. firm has agreed to acquire the assets of EagleDream Technologies, a digital transformation company based in Fairport, New York, and a ...
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Jumia Cuts Operating Losses by 49% to $33 Million as Pandemic Disruptions Slow
Jumia Technologies AG, a Nigerian-based online shopping platform with a presence in several countries in Africa, including Kenya, has posted a 49% reduction ...
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GRI appoints NSE’s Bola Adeeko as board member
The Global Reporting Initiative (GRI), the provider of the world’s most widely used sustainability reporting standards, has announced the appointment of Bola Adeeko as one ...
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StanChart Streamlines Business in Global Restructuring
Standard Chartered announces a reorganization into fewer but larger units and also confirms the exit of its global wealth head. Effective January 1 next ...
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Infobip to Acquire OpenMarket in $300 Million Deal
Infobip has announced that it has entered into a definitive agreement with Amdocs to acquire OpenMarket – a mobile messaging solutions company – ...
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Mastercard adds A2A functionality for business payments
Mastercard has added account-to-account (A2A) payments functionality to its Track business payment service. The card giant says the new feature builds on its ...
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Wallets Africa partners with VISA to help businesses issue cards to employees and customers
Nigerian fintech startup, Wallets Africa, has joined forces with global payments giant, Visa, to launch debit cards for its customers. Founded by John Oke in 2018, the ...
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PwC spins out fintech unit
Big Four accountancy firm, PricewaterhouseCooper (PwC), has spun off its financial data capture technology unit amid a regulatory crackdown on perceived conflicts of ...