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Loss-Stricken Byju’s Seeks Easier Terms on $1.2 Billion Loan
According to persons familiar with the situation, Indian online-education company Byju's is looking to renegotiate its $1.2 billion loan as it battles with high losses and cost-cutting targets.
- Categories
- Education, Telecommunications
- Region
- Asia Pacific
- Tags
- edtech, telecommunications
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GSMA Publishes Vision for a ‘Circular Economy’ of Mobile Devices
In the lead-up to COP27, the GSMA has published a new, long-term vision for how the mobile industry can increase the circularity of its supply and production chains for mobile devices.
- Categories
- Technology, Telecommunications
- Region
- Global
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Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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South African Digital Identity Startup iiDENTIFii Raises Record $15 Million
Cybercrime within the financial sector is a growing threat to Africa. iiDENTIFii will use this investment to fund its expansion across the continent.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Wiocc Secures R540-Million Equity Investment for Expansion in Africa
This investment supports our goal of establishing an integrated, open-access, core-to-edge cloud ecosystem throughout the African continent.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Francophone Africa’s First Unicorn Is Disrupting the Region’s Mobile Money Market. But Can It Last?
Wave’s rise has burst open the mobile money landscape in the West African country by fueling competition with existing players.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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M-Pesa Completes Bill Payment Interoperability in Kenya
To boost financial inclusion, Kenya wants to interconnect the various mobile money platforms that are active in the national territory.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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How Wave Rose to Become Francophone Africa’s First Unicorn
The digital financial company erased the old ways of sending and receiving money and came up with an easier and cheaper method.
- Categories
- Finance, Telecommunications