First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has said that, contrary to fears that the economy will take some time before getting back on track, data available to the central bank suggests that the economy...
Nigerian mobility startup, MAX.ng has secured NGN400 million (US$1 million) in capital under a first-of-its-kind securitization of vehicle lease receivables under a Private Company Bond program.Â
The feat has reportedly boosted the hopes of the company that the deal will...
Mastercard has launched a new programme aimed at providing tailor-made solutions that boost market entry and expansion for fintechs in Africa and the Middle East.
The program, dubbed Fintech Express, will leverage the power of partnerships and Mastercard’s expertise, technology,...
Zeepay, a fast-growing African fintech, has announced a partnership with Visa that will allow Africans in the diaspora to send money directly onto Visa debit and prepaid cards in Ghana.
Through the partnership, Zeepay will integrate Visa’s real-time push payments solution Visa Direct,...
Counterpoint Research reported that in the second quarter of 2020, 5G smartphone revenue accounted for 20% of global smartphone revenue and China, which is the largest contributor to 5G smartphone sales held a whopping 72% of that revenue.Â
The report...
The National Information Technology Agency (NITA) has announced that it is going to register all Information and Communication Technology (ICT) practitioners and companies in the country to ensure standardized categorization of industry players.
Head of Legal and Regulatory at...
British telco Vodafone Group Plc won a decade-long battle against the Indian tax department’s demand of Rs 20,000 crore (US$2.8 million), stemming from its entry into the country in 2007.
The victory in the Permanent Court of Arbitration in The...
TransferWise, one of Europe’s most valuable private financial technology firms, just posted its fourth consecutive year of profitability.
The online money transfer service said this week that its net profit more than doubled to £21.3 million ($27.1 million) in the...
In August 2018, a report on the state of cryptocurrency regulation across Africa came back with one obvious conclusion: most countries were undecided on what to do. Meanwhile, elsewhere in the world, a cryptocurrency bank, Kraken has been licensed, while...
With the pandemic causing e-commerce sales to skyrocket, which triggered a huge funding growth for text message marketing startup, Attentive, pushing it value to at least US$2.2 billion.Â
Forbes reports that the New York City startup, Attentive gained a $110...