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Pan-African Fintech NALA Deepens Stablecoin Rails to Speed up Dollar Flows
Partnering with Noah allows NALA to offer global account usage, where companies can collect dollars anywhere in the world and pay out instantly in local currencies, all through licenced, regulated rails, said Fernandes.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Lagos Court Orders Meta to Pay Damages Over Deepfake Ad Targeting Femi Falana
In a ruling that will likely be referenced in law schools across Africa, the judge stated that Meta is not just a neutral bystander.
- Region
- Sub-Saharan Africa
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Amazon Wins Approval to Enter Nigeria’s Satellite Internet Market
The move opens competition with Starlink in the LEO satellite segment.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Nigeria’s Paystack Moves Into Lending as It Acquires Ladder Microfinance Bank
Despite the number of players in Nigeria’s lending market, there’s still a substantial credit gap for small businesses estimated at around ₦13 trillion in unmet financing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Alta Semper Secures USD $57.5 Million from EIB Group and IFC for Growth Fund II to Expand Healthcare Access Across Africa
Alta Semper Growth Fund II focuses on scaling market-leading healthcare and consumer businesses that improve access to affordable, high-quality products and services across Africa and other select growth markets.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Rising Payment Costs Push Uber to Drop Visa in Kenya
Uber confirmed the decision, which took effect in January, in a statement to TechCabal, pointing to a review of payment methods following a jump in global costs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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WattWallet Expands Digital Access to Prepaid Electricity in South Africa
The South African startup allows consumers to buy prepaid electricity tokens in a few clicks.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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DEG Provides EUR 30 Million Funding to Africa Go Green Fund to Scale Energy Efficiency and Climate-Friendly Solutions Across Africa
AGG targets the scale-up of commercially viable climate solutions that reduce emissions and improve energy efficiency.
- Region
- Sub-Saharan Africa
