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Nestcoin Raises $6.45 Million in Pre-Seed Capital to Accelerate Crypto and web3 Adoption in Frontier Markets
Nestcoin, a company building, operating, and investing in web3 applications, announces that it has raised $6.45 million in pre-seed capital.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Zenlayer Receives C+ Funding from Telkom Indonesia
Financing Solidifies Zenlayer’s Position as a Leading Edge Cloud Services Provider in Southeast Asia.
- Categories
- Technology, Telecommunications
- Region
- South Asia
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Press Release: Airtel Africa Launches Its Long-term Sustainability Strategy, Building on Its Corporate Purpose To Transform Lives
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today launched a comprehensive sustainability strategy which sets out its detailed plans to improve the lives of millions of people across Africa.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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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, Telecommunications
- 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, Telecommunications
- 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, Telecommunications
- 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.
- Categories
- Finance, Investing, Telecommunications
- 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.
- Categories
- Finance, Investing, Telecommunications
- Region
- Sub-Saharan Africa