The five-year program, which is in line with Morocco’s New Development Model, aims to implement several programs in a wide range of areas, including sustainable development, health, and gender equality, …
Finance & Services
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsSouth AfricaTechnology
Be Mobile, a new no-fee bank launches in South Africa
Be Mobile Africa, a low to no-fee banking product provider has announced its official launch in South Africa. The Canadian-based “neobank” offers several benefits for South Africans, including no monthly …
- AfricaAFRICA NEWSBusinessEgyptFinance & ServicesNewsNorth AfricaNorthern AfricaTechnology
valU, PayTabs Egypt partners with notchnco to unlock WhatsApp shopping experience
valU, a subsidiary of EFG Hermes Holding (HRHO), and PayTabs Egypt has entered into a strategic partnership with notchnco to unlock an outstanding WhatsApp shopping experience for valU’s clients. Through this collaboration, …
- BusinessEastern AfricaEducationFinance & Services
Financial markets gain Sh10bn ahead of poll case verdict
Investors remained cagey ahead of the Supreme Court verdict Monday, with foreigners appearing to have put on hold their activities on the financial markets. Key economic indicators closed Friday — …
- BusinessEastern AfricaFinance & ServicesINVESTMENT
Naivas founders acquire Sh3.8bn in sale of stake to three firms
The family of Peter Mukuha Kago –the founders of supermarket chain Naivas— has pocketed an estimated $32.29 million (Sh3.8 billion) from the sale of an 8.5 percent stake to a …
- AfricaAFRICA NEWSBusinessFinance & ServicesGlobal NewsKenyaNewsNigeriaTechnology
Flutterwave prepares for initial public offering on Nasdaq Stock Exchange
Flutterwave, Africa’s fintech giant is preparing for an initial public offering on the Nasdaq stock exchange amid regulatory hurdles in its key markets. The Nasdaq stock market is an American …
- AfricaAFRICA NEWSBusinessFinance & ServicesNewsNigeriaSpotlightTechnologyWestern Africa
Risevest CEO steps down on allegations of sexual misconduct
Founder and chief executive officer (CEO) of Risevest, a Nigerian stock investment app, Eke Urum, has stepped down due to an ongoing investigation into sexual and non-sexual impropriety allegations against him. …
- BusinessEastern AfricaEconomyFinance & Services
Kenyan founded Fintech Pezesha Raises $11m in Pre-Series by Women’s World Banking Capital Partners
Kenyan founded Pan-African embedded finance Fintech Pezesha has raised a pre-series A funding round of $11 Million in a mix of $6 million equity and $5 million debt. The round …
- Eastern AfricaEconomyFinance & Services
Kenya’s SportPesa has been awarded a license as BCLB withdraw from it position
SportPesa has been awarded a license to operate in the current financial year ending June 2023, ending years of regulatory and court battles pitting the firm against the Betting Control …
- AfricaAFRICA NEWSBusinessFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Digital Bank, Moneymie shuts down retail service operations
Digital bank for Africans in the diaspora, Moneymie, has shut down retail service operations. Without stating the reason for this, but a highlight of its transition to cross-border payments and payouts for …