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Payday Announces Partnership With SpaceX’s Starlink in Rwanda
Payday and Starlink operations in Rwanda will make digital banking accessible to all remote workers & professionals on the continent.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Copia exits Uganda, to Focus on Kenyan Operations
B2C e-commerce company, Copia has shut down its Ugandan operations due to the economic downturn. However, it will double down on its operations in Kenya.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Emirates Telecommunications Takes $400 Million Majority Stake in Careem’s Super App
According to the details of the agreement, Emirates Telecommunications is investing $400 million to become a majority shareholder in Careem's Super App alongside Uber.
- Categories
- Investing, Technology, Telecommunications
- Region
- Global
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China Intensifies Tech War With US With $500 Million Subsea Internet Cable
The escalating tech war between the two economic giants and may threaten global internet infrastructure.
- Categories
- Technology, Telecommunications
- Region
- Global
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Africa Mobile Networks Secures $20 Million Loan for Rural Push
This latest financial backing follows a $36 million private equity investment from a consortium led by South African private equity firm Metier in 2021.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Rwazi, A Market Intelligence Firm, Raises $4 Million In Seed Funding
The funding will help the startup with planned product launches and market expansion.
- Categories
- Investing, Telecommunications
- Region
- Sub-Saharan Africa
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Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
The launch of the virtual card will ensure Tigo’s ability to provide its customers access to products and services previously a preserve of physical credit card holders.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Diaspora Remittances, Impact of SVB’s Failure on African Startups in Focus as African Diaspora Investment Symposium Begins
The closure of SVB Bank triggered panic on the African continent, and that fear is not without reason.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- failure, fintech, remittances, startups