Tough competition sees Africell exit Ugandan telecom market
Africell entered Uganda in 2014 through the acquisition of Orange...
Tag : Africa
Saudi logistics startup Diggipacks acquires Egypt-based FWRUN
The acquisition will help Diggipacks expand in Egypt...
Bank of Africa to launch a new innovative offering for South to North money transfers
In order to do so, it has partnered with Sopra Banking Software (SBS)...
VC LoftyInc Capital announces fund to invest in tech startups across Africa
The LoftyInc Afropreneurs Fund 3 will invest nearly $10 mn in tech businesses in Africa...
Central Bank of Nigeria caps transfer limit for e-Naira at N50,000
According to the central bank, e-Naira will be officially unveiled later this year...
IFC invests $10.4 bn in the private sector of MENA
The funds will help thousands of small businesses gain access to finances, trading, and partnership...
Kenya Airways signs MoU to develop futuristic aircraft
The carrier signed the MoU with Embraer’s Eve Urban Air Mobility Solutions division...
Nigeria’s central bank issues new guidelines to further regulate MMOs
Regulatory changes were made in this regard previously in 2015...
Kenyan fintech Pesapal receives authorisation from the central bank
The company can now run its payment gateway services in compliance with National Payment System (NPS) Act 2011...
Nigeria ranks fifth in Africa in terms of premiums: Swiss Re
Nigeria comes last in terms of insurance premiums among nine African markets...