Paris-based venture capital firm Breega has successfully achieved the first close of its latest fund, securing roughly 70% of its...
Month: June 2024
KCB Bank, one of the largest banks in East Africa, has entered into a strategic partnership with dLocal, a global...
Launch Africa Ventures, an early-stage venture capital firm, has injected $4.3 million into 16 startups spanning the African continent as...
The Central Bank of Kenya (CBK) has issued operating licenses to seven new Digital Credit Providers (DCPs). This recent addition...
Nigerian banks have started repaying a ₦200 billion debt owed to telecom companies for the use of Unstructured Supplementary Services...
Nigerian banks and fintech companies are preparing to block the accounts of Point of Sale (PoS) operators who fail to...
As African populations increasingly turn to fintech solutions for financial services, Nigerian fintech startup Awacash is making significant strides to...
Mama Money, a prominent African cross-border money transfer operator, has teamed up with Paymentology, a leading global issuer-processor, and Access...
Connect Money, an Egyptian fintech company specializing in banking-as-a-service and embedded finance solutions, has successfully secured $8 million in a...
The Bank for International Settlements (BIS) has urged central banks to leverage the advantages of artificial intelligence (AI), while emphasizing...