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PalmPay
Source: PalmPay |

PalmPay is recognised by the GSMA as a key contributor to the growth of the African Mobile Money industry in State of the Industry Report

In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider with a significant market share in Nigeria” and a top driver of financial inclusion in Africa’s $912 billion mobile money industry

PalmPay (www.PalmPay.com), a leading pan-African fintech, has been highlighted by the GSMA in the recently released ‘The State of the Industry Report on Mobile Money 2024’  as a key player driving the adoption of mobile money in Nigeria. In the report, GSMA praised PalmPay as a “prominent non-MNO-led mobile money provider…

Network International

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    • Dr. Diane Karusisi, CEO, Bank of Kigali and Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing, Network International
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Source: Network International |

Accelerating Growth in an Inclusive Rwandan and Pan-African Digital Economy (By Dr. Diane Karusisi and Dr. Reda Helal)

One of the visible signs of a growing digital economy is its flourishing initiatives for financial inclusion and financial literacy

By Dr. Diane Karusisi, CEO, Bank of Kigali and Dr. Reda Helal, Group Managing Director – Processing, Africa and Co-Head Group Processing, Network International (https://www.Network.ae). One of the visible signs of a growing digital economy is its flourishing initiatives for financial inclusion and financial literacy. Rwanda recognizes financial inclusion as a crucial component…

National Basketball Association (NBA)

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    • NBA Africa and Africell unveil indoor basketball court at 1˚ de Maio at Av. Deolinda Rodrigues in Luanda, Angola (Credit: NBA Africa)
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Source: National Basketball Association (NBA) |

National Basketball Association (NBA) Africa and Africell Unveil Indoor Basketball Court in Angola

NBA Academy Africa Prospect and Petro de Luanda Guard Aginaldo Neto Attends Court Unveiling and Exhibition Games

NBA Africa (www.NBA.com) and Africell, one of the fastest-growing mobile network operators in Africa, today unveiled an indoor basketball court at 1˚ de Maio at Av. Deolinda Rodrigues in Luanda, Angola as part of their multiyear collaboration to use basketball to benefit Angolan youth.  The new court, donated to and…

Verdant Capital

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    • Zeepay raises equity from leading institutions to support its ongoing expansion
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Source: Verdant Capital |

CORRECTION: Zeepay raises equity from leading institutions to support its ongoing expansion

This equity investment will support Zeepay in expanding its geographical footprint and in deepening its offering to IMTOs as well as senders and recipients of remittances

Africa50 and Oikocredit lead equity investment in Ghanaian fintech Zeepay to support Africa expansion; The investment will support the expansion of Zeepay’s cross-border remittances and mobile financial services business across Africa and the Caribbean; The investment was made by Africa50, Oikocredit, Injaro Ghana Venture Capital Fund (IGVCF) and Verdant Capital Hybrid Fund…

The Presidency, Republic of Ghana
Source: The Presidency, Republic of Ghana |

Ghana: Invest in Developing Tech Skills of Ghanaian Youth – Dr Bawumia to Telecel Group

Telecel aims to digitally empower Africa through technology, connecting remote areas for inclusivity, and focusing on education as a catalyst for growth and accessibility

Vice President Mahamudu Bawumia has called on Telecommunication companies operating in the country to move beyond seeking to expand the physical infrastructure of their operations to investing in the human and other resources that are at the heart of their offerings to the Ghanaian and African market. Speaking at the…

Orange Middle East and Africa

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    • Orange Middle East and Africa strengthens its collaboration with the Multilateral Investment Guarantee Agency of the World Bank for the coverage of its footprint
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Source: Orange Middle East and Africa |

Orange Middle East and Africa strengthens its collaboration with the Multilateral Investment Guarantee Agency of the World Bank for the coverage of its footprint

OMEA and MIGA deepen their collaboration to secure guarantees aimed at supporting the expansion of its telecommunications infrastructure across the Middle East and Africa (MEA)

Orange Middle East and Africa (OMEA) (https://www.Orange.com) joins forces with the Multilateral Investment Guarantee Agency of the World Bank (MIGA) to ensure the guarantees of its subsidiary including mobile money. OMEA and MIGA deepen their collaboration to secure guarantees aimed at supporting the expansion of its telecommunications infrastructure across the Middle…

Orange Middle East and Africa

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    • Orange Middle East and Africa and Tencent Cloud join forces to enrich the super-app Max it with innovative mini-apps
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Source: Orange Middle East and Africa |

Orange Middle East and Africa and Tencent Cloud join forces to enrich the super-app Max it with innovative mini-apps

Tencent Cloud’s technological expertise will empower OMEA in the field of mini-apps to enrich the Max it ecosystem and improve the customer and partner experience, while strengthening its position in the African market

Orange Middle East & Africa (https://www.Orange.com/), a major telecom player in the Middle East and Africa, announces a strategic partnership with Tencent Cloud, the cloud business of global technology company Tencent, to enrich the ecosystem and service offering of its super-app Max it for businesses and populations in the region.…

International Trade Centre
Source: International Trade Centre |

Trade Obstacles Alert Mechanism (TOAM), the International Trade Centre (ITC) platform to report trade obstacles, is launched in Eswatini

The online platform and mobile application connects companies with government agencies such as the Ministry of Commerce, Industry and Trade, as well as with other businesses, allowing them to exchange information about trade obstacles

The Trade Obstacles Alert Mechanism (TOAM) Eswatini provides a way to log obstacles to trade, particularly in the service sector. The online platform and mobile application connects companies with government agencies such as the Ministry of Commerce, Industry and Trade, as well as with other businesses, allowing them to exchange information…

Yellow Card Financial

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    • Yellow Card introduces USDC on Stellar Network for Lightning-Fast Cross-Border Transactions
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Source: Yellow Card Financial |

Yellow Card introduces USD Coin (USDC) on Stellar Network for Lightning-Fast Cross-Border Transactions

With USDC on Stellar, Yellow Card users gain access to expedited transactions, enhancing the convenience and utility of their digital currency dealings

As Africa slowly inches towards widespread adoption of digital assets, it has become imperative that exchanges provide more cost-effective ways for buying, selling, receiving, and sending other digital assets. Among these assets, stablecoins have emerged as the preferred option for people seeking to invest, send remittances, and make cross-border payments.…

East African Community
Source: East African Community |

East African Community embarks on use of Mobile App to eliminate Non-Tariff Barriers (NTBs)

The EAC Elimination of NTBs Mobile Application was developed to ease the reporting, monitoring and elimination of NTBs in the Community

The East African Community Secretariat and Partner States have been directed to operationalise the EAC Elimination of Non-Tariff Barriers (NTBs) Mobile Application including sensitisation by 30th April, 2024. Making the directive, the Ministerial Session of the 43rd EAC Sectoral Council on Trade, Industry, Finance and Investment (SCTIFI) that was held at the EAC…