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 …
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- Banking, Finance & InvestmentNewsSpotlight
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 …
Vodacom has reduced its 30-day data bundle by 14 per cent to R85 from R99 in line with recommendations of the Competition Commission’s Data Inquiry. According to Jorge Mendes, chief …
- Hospitality, Travel & TourismNewsSouthern Africa
South African Airways BRPs present ‘final’ settlement agreement to pilots
Says parts of the offer – aspects that it wants to pay off over three years – will lapse once rescue process is completed. The South African Airways (SAA) business …
- Banking, Finance & InvestmentNewsNorthern Africa
Egypt records 4.8% annual inflation in March, rises to 0.6% in a month
Egypt’s annual consumer price inflation was at 4.8 per cent in March 2021, compared to 4.6 per cent in the corresponding month in 2020, this was according to the report …
- EntrepreneurshipNewsNorthern Africa
Algebra Ventures launches $90M fund to invest in startups in Egypt
Algebra Ventures has announced the launch of its second $ 90 million funds which will be committed to funding startups in Egypt and allocating a special stake to the Middle …
The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities. Businesses and entrepreneurs in Burkina …
- Business PoliciesNewsWestern Africa
PPP crucial in addressing Nigeria’s infrastructure deficit – Osinbajo
The Vice President of Nigera, Yemi Osinbajo says the only way the only way to effectively tackle the massive infrastructure deficit in Nigeria is by Public-Private Partnership, PPP, arrangement. According …
The Central Bank of Nigeria (CBN) has introduced a new charge for customers using the Unstructured Supplementary Service Data (USSD) services, effective March 16, 2021. The Central Bank of Nigeria …
- BusinessFEATURED NEWSNewsTechnology
Flutterwave collaborates with PayPal to enable African merchants to receive payments
Just last year 2020, PayPal‘s 377 million+ users made transactions that saw PayPal end the year with a $936 billion total payment volume for the year 2020. This trillion-dollar opportunity …