The United States’ newly accredited ambassador to South Africa, Matthew Bozell, formally assumed his duties on Wednesday during a ceremony that also saw envoys from 19 other nations receive accreditation …
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AfricaAFRICA NEWSNewsSouth AfricaSouth Africa EconomySouthern Africa
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AfricaAFRICA NEWSEntrepreneurship
Africa startup funding tilts to debt as early stage slumps in March
Africa’s start-up funding rose in March, but the gains masked a deeper shift in investor behaviour, with capital increasingly flowing into fewer, more mature companies through debt rather than equity. …
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Russia is seeking to build an alternative cross-border payments network in Africa using a ruble-backed cryptocurrency, as it looks to bypass Western financial systems following sanctions imposed over the war …
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AfricaAFRICA NEWSEntrepreneurship
Verto Expands Business Accounts to Enable Seamless Payments from the US to Africa
Global payments platform, Verto, has launched a new solution under its Verto Business Accounts offering, enabling U.S.-registered companies to open USD accounts in their own business names and move funds …
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Zenith Bank Plc has completed its long-awaited entry into East Africa with the full acquisition of Paramount Bank Limited, marking a major milestone in the Nigerian lender’s regional expansion strategy. …
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At a time when expectations from leadership continue to rise and many citizens are seeking tangible benefits from democratic governance, Hon. Agbarapo Samuel has called for a renewed focus on …
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AfricaAFRICA NEWSEconomy
Capillary appoints Sumit Kumar as President of the Middle East, Africa & India
Capillary Technologies India announced the appointment of Sumit Kumar as President of the Middle East, Africa & India. With this appointment, Capillary strengthens its leadership team and reinforces its commitment …
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Global open-source leader, Red Hat, has announced an expanded collaboration with Google Cloud aimed at helping enterprises accelerate application modernization and simplify their migration to the cloud. The strengthened partnership …
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AfricaAFRICA NEWSBusiness PoliciesEnergy Sector
New funding transforms lives by expanding electricity access across Africa
Long before sunrise in the tightly packed alleys of Mathare, one of Nairobi’s well-known informal settlements, a single bulb glowing from a tin-roofed home signals the beginning of Agnes Mbesa’s …
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AfricaAFRICA NEWSSouth AfricaSouth Africa Economy
Paymentology and Bank Zero expand digital banking in South Africa
In a move set to reshape South Africa’s digital finance landscape, global card processing giant Paymentology has entered into a strategic partnership with Bank Zero, becoming the bank’s first official …