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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Ethiopian Airlines Opens $55 Million E-Commerce Facility
Ethiopian Airlines is positioning Addis Ababa to be the cross-border e-commerce logistics hub for Africa and beyond.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Arrest of Binance Executives Shakes up Nigeria’s Crypto Ecosystem, Again
The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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African Data Center Firm Teraco to Build Out Giant Power Plant
Teraco raised $104 million with Absa Bank for renewables.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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The Carrier Also Signs Deal with World Bank to Boost Its Mobile Money Offer in the Region
Orange Middle East and Africa (OMEA) has signed an agreement with Microsoft to support 15,000 small to medium enterprises across 17 countries in Africa and the Middle East in adopting Microsoft solutions.
- Categories
- Technology, Telecommunications
- Region
- Global
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Shadowfax Confirms $100 Million Round to Fuel Instant Delivery Push
Shadowfax is one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India.
- Categories
- Investing, Technology
- Region
- Asia Pacific