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Visa Opens First African Data Centre in Johannesburg to Strengthen Fintech Infrastructure
The funding will be allocated towards building digital infrastructure, supporting local fintech firms, and providing training programs to enhance capacity across the sector.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Targets Network Expansion, Mobile Money in Safaricom Battle
Kenya’s second-largest telecoms company grew faster than its larger rival in the first four months of this year, but wants to ramp that pace up.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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NG.CASH Closes $26.5 Million Series B Funding in Brazil
Led by CEO Mario Augusto Sá, CEO, NG.CASH offers a comprehensive suite of fintech products.
- Categories
- Finance, Technology
- Region
- Latin America
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HAVAÍC Reaches $25 Million Second Close for African Tech Fund
The fund, targeting a final close of $50 million, focuses on early-stage, post-revenue technology startups born in Africa with global potential.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Orange Money and JUMO Partner to Offer Small Loans Across Africa
Orange Money Group and banking-as-a-service financial provider JUMO have partnered to enhance digital financial services across Africa through a new small loan function.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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M-Kopa Lawsuit Alleges Racial Disparity in Employee Equity, Firm Says Claim Is Baseless
". . . if the case proceeds, it could set a precedent for how employee equity is handled and how local courts view the responsibilities of global investors and holding companies operating in the Kenyan market."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Transforming How Financial Service Providers and Fintechs Leverage Data: A New Free Tool Aims to Separate the Signal from the Noise
In today’s digital finance landscape, data is one of the most valuable assets. Yet as Sarah Corley at AllianceDFA and Mallory Sheff at DataKind explain, data remains siloed, fragmented and underutilized across the sector — and this challenge is particularly acute in emerging markets. They argue that this isn’t just a missed opportunity, but a structural barrier to inclusion and innovation, and share a free, open-access learning platform designed to help fintechs and other financial service providers turn data into action to fuel customer growth and retention.
- Categories
- Finance, Technology
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M-KOPA-Branded Smartphones Surpass 1 Million Sales in First Year in Kenya
Leading fintech company M-KOPA has achieved a remarkable milestone, surpassing 1 million sales of its branded smartphones within just 12 months of launch.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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