Johannesburg-listed MTN has previously said it was looking to spin off its fintech business. MTN Group Ltd. is valuing its mobile-money arm at about $5 billion, joining African wireless carriers …
- EntrepreneurshipWestern Africa
Nigerian fintech Appzone raise $10m for expansion and proprietary technology
Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem …
- Banking, Finance & InvestmentWestern Africa
TAJBank deploys NQR solution to ease customers’ transactions
TAJBank, Nigeria’s most innovative non-interest bank, has announced the deployment of the NQR Payment solution, an indigenous Quick Response Code by NIBSS, for merchants and customers as the newest addition …
- Business InsightsEastern AfricaEvents
Uganda, Tanzania, Oil Giants Open Way For Pipeline Construction
The governments in Kampala and Dodoma joined oil companies Total of France and CNOOC of China in signing a series of accords Sunday that pave the way for the construction …
- AirtelBusinessEastern AfricaSpotlightTelecommunications
State pushes Airtel to give locals 30 per cent stake
The State has introduced new ownership rules in the telecoms sector that will push Airtel Kenya to sell a 30 per cent stake to Kenyans over the next three years …
- Business PoliciesManufacturing & Consumer Goods
China fines Alibaba record $2.8 billion after monopoly probe
China has fined Alibaba Group a report of $2.8 billion after an investigation discovered it abused market dominance. The probe is a part of a marketing campaign to curb China’s …
Researchers have uncovered an innovative way to tap into the over-capacity of 5G networks, turning them into “a wireless power grid” for powering Internet of Things (IoT) devices that today …
“His Royal Highness passed away peacefully this morning at Windsor Castle,” Britain’s royal family announced Friday. Philip married his third cousin Elizabeth in 1947. He became British consort to the …
- Banking, Finance & InvestmentNewsSpotlight
Mastercard Introduces End-User Request To Pay Framework In UK
Mastercard is launching an end-user application service within Pay.UK’s request to pay (R2P) framework to facilitate payments. “Mastercard’s Request to Pay solution has the ability to transform bill payments in …
The Monetary Policy Committee (MPC) of the Bank of Tanzania (BoT) said yesterday that Tanzania’s economy would grow by 5.7 percent this year, fuelled primarily by sustained public investment and …