Africa Feed & Food (AFF) has received a USD 90 million investment from French development finance institution (DFI) Proparco and North Africa-focused investment entity RMBV. Africa-focused law firm Asafo & …
Category:
AFRICA NEWS
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AfricaAFRICA NEWSNewsSouth AfricaSouth Africa EconomySouthern Africa
US and South Africa move to reset ties amid diplomatic tensions
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 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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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 …