FintechKenya’s BitPesa rebrands as AZA, secures $15 mn fundingPritam BordoloiOctober 23, 2019 by Pritam BordoloiOctober 23, 2019 The funding from Development Bank of Southern Africa will be used to expand in emerging markets... Read more
FintechCBN to strictly regulate Nigeria’s fintech sectorPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 The central bank is also identifying illegal fintech companies and bringing them under regulatory control... Read more
Oil & GasDragon Oil buys BP’s Egyptian concessions, to invest $1 bnPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 Dragon Oil to increase production to above 75,000 bpd for the next 10 years... Read more
TelecomCBN objects MTN Nigeria’s USSD transactions chargePritam BordoloiOctober 21, 2019 by Pritam BordoloiOctober 21, 2019 MTN is expected to start charging its customers on the directive of bankers committee... Read more
AviationEthiopian Airlines shows interest in South African AirwaysPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 South African Airways is looking for outside investments as the company is running losses since 2011... Read more
FintechNigeria’s Lidya to disburse $1.1 bn as loans in EuropePritam BordoloiOctober 16, 2019 by Pritam BordoloiOctober 16, 2019 After opening an office in New York, the startup expands into Poland and Czech Republic... Read more
LogisticsKenyan startup Bwala Africa to raise $8 mn for expansionPritam BordoloiOctober 14, 2019 by Pritam BordoloiOctober 14, 2019 The startup plans to expand its business in Nigeria, Ghana, and Tanzania... Read more
Ports and ShippingKenya invites shipping lines to promote Lamu portPritam BordoloiOctober 14, 2019 by Pritam BordoloiOctober 14, 2019 More than 10 shipping lines have agreed to tour the port... Read more
BankingSouth Africa’s Absa eyes China as part of Asia expansionInternational Finance DeskOctober 14, 2019 by International Finance DeskOctober 14, 2019 The lender is seeking to create a diverse portfolio across businesses and countries... Read more
TelecomNew Kenyan law to separate telco’s mobile money businessPritam BordoloiOctober 10, 2019 by Pritam BordoloiOctober 10, 2019 The bill is in its first reading in the National Assembly... Read more