ExclusiveFinanceAfrica sees surge in mobile money as pandemic continuesPritam BordoloiJuly 3, 2020July 3, 2020 by Pritam BordoloiJuly 3, 2020July 3, 2020 Mobile money is helping African nations curb the spread of Covid-19 by limiting the usage of physical cash... Read more
FeaturedFintechMFS Africa acquires Beyonic to bridge digital payments for African SMEsInternational Finance Business DeskJune 30, 2020June 30, 2020 by International Finance Business DeskJune 30, 2020June 30, 2020 Beyonic is a digital payments management provider for SMEs and fintechs across Africa... Read more
Banking and FinanceFeaturedKenya attracts venture capital deals worth Sh74.3 billionInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 South Africa ranks first recording deals worth Sh795 million... Read more
EconomyFeaturedNigeria anticipated to hit its worst recession in four decades: World BankInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale... Read more
FeaturedFintechSouth African fintech Planet42 secures $2.4 mn fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The startup will use the funds to expand its portfolio of vehicles... Read more
FeaturedHealthcareEgyptian healthtech Chefaa secures pre-Series A fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The funding round was led by 500 Startups, Vision Ventures, Womena, and few other investors... Read more
FeaturedOil & GasPetroleum dealers in Africa hoard fuel productsInternational Finance Business DeskJune 10, 2020June 11, 2020 by International Finance Business DeskJune 10, 2020June 11, 2020 The Energy and Petroleum Regulatory Authority has issued a warning with financial penalties, jail terms and permanent revocation of licences... Read more
FeaturedFintechDIFC invests in four startups as part of $100 million fintech fundInternational Finance Business DeskJune 8, 2020June 8, 2020 by International Finance Business DeskJune 8, 2020June 8, 2020 The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia... Read more
Banking and FinanceMagazineWhy is Africa of such importance to JapanWebAdminJune 5, 2020 by WebAdminJune 5, 2020 Japanese banks are establishing strategic presence on the continent to scale up corporate sector and reinforce long-time trade relations... Read more
BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more