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. …
Africa
- AfricaAFRICA NEWSEntrepreneurship
- 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 …
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. …
- 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 …
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 …
- 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 …
- 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 …
West African energy company Tetracore Energy Group has announced plans to develop a $400 million data center in Nigeria in partnership with Huawei and Inspirive Technologies. The planned 20MW facility …
Wingu Africa, the pioneering specialist provider of carrier-neutral, Tier III-standard data centres in East Africa, has announced the launch of the Wingu Cloud Exchange (WCX), a new private cloud platform …
- AfricaAFRICA NEWSEntrepreneurship
M-PESA Africa engages Stanford Business School on role of fintech in economic transformation
M-PESA Africahas hosted a delegation from the Stanford Graduate School of Business to explore the impact of digital financial infrastructure on economic growth and transformation. The engagement focused on the …