Egypt’s National Bank joins Ripple’s blockchain for faster remittances
The National Bank of Egypt signed an agreement to use Ripple’s global blockchain platform called RippleNet...
Tag : Africa
Qatar Airways mulls buying 49% stake in RwandaAir
The carrier also wants to double its interest in LATAM Airlines Group to 20%...
MTN to invest $1.6 bn in Nigeria to boost connectivity
This follows the Nigerian government’s decision to drop charges against MTN Group for alleged unpaid taxes worth $2 bn...
Nigerian fintech startups attracted $122 mn in funding in 2019
Total funding accumulated by fintechs fell by 21.8% year-on-year...
Saudi Telecom to buy 55% stake in Vodafone’s Egypt unit
The Saudi Telecom deal for Vodafone Egypt is expected to cost around $2.4 bn...
Cenfura and C4D to develop renewable energy assets in South Africa
Both parties will deliver the first tokenised assets to microgrids in the Gauteng Province of South Africa...
Telecom Egypt debunks claims that it could sell its stake in Vodafone
Telecom Egypt holds 45% stake in Vodafone Egypt...
Egypt’s Misr Insurance targets 10% growth by June 2020
Chairperson Basel El Hini revealed that the company’s profits reached a record high of E£4 bn in 2019...
Nigerian fintech Paga acquires Apposit to fuel expansion
The fintech raised $10 mn last year and announced its plan to expand globally...
Western Union, Bharti Airtel to launch cross-border payment in Africa
The real-time cross-border payment service will drive financial inclusion across the continent...