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Aktivco Signs $71 Million Credit Facility to Supply Green Energy to Telecom Towers in Africa
This credit strengthens their ability to meet the demand of telecom operators for green and efficient energy to secure their networks.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Sequoia Heritage, Stripe and Others Invest $200 Million in African Fintech Wave at $1.7 Billion Valuation
Wave, a U.S. and Senegal-based mobile money provider has received the largest Series A in Africa by a long shot, and is geared toward taking on telecom-led mobile money.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Mobile Money Finally Comes to Ethiopia
Ethio Telecom, the – for now – monopoly telecommunications provider in Ethiopia, has announced the roll-out of a mobile money service.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Boosting Financial Inclusion With Airtel Mobile Money
The recent investment of $200 million in Airtel Africa’s mobile money business by The Rise Fund will further enhance financial inclusion in Nigeria, since the country is one of the 14 African countries, where Airtel Africa currently operates, writes Emma Okonji.
- Region
- Sub-Saharan Africa
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Rise Fund to Invest $200 Million in Airtel Africa Mobile Money Business
The Transaction is the latest step in the Group's pursuit of strategic asset monetization and investment opportunities, and it is the aim of Airtel Africa to explore the potential listing of the mobile money business within four years.
- Region
- Sub-Saharan Africa
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Somalia Issues First License to Mobile Money Service
Somali officials on Saturday issued the country's first license to a mobile money service, bringing regulation to the widely used digital payment process for the first time.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MTN Teams up With Mastercard on Mobile Wallets in Africa
Africa’s leading mobile operator MTN has partnered with payment platform Mastercard to add online payment functions to its mobile wallet for user across its fintech footprint.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank Calls for Unbiased Infrastructure Policy in Ethiopia
“To benefit fully from competition does not mean offering preferential treatment to Ethio Telecom but rather creating a level playing field on which it can compete fairly with its new rivals,” argued Dione.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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