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Mastercard to Acquire BVNK in $1.8 Billion Deal to Bridge Crypto and Fiat Payments

Mastercard said on Tuesday it had agreed to acquire digital asset infrastructure firm BVNK for up to $1.8 billion, as the payments giant expands deeper into blockchain-based financial services. The deal includes...

Ndovu Wealth Launches Kibaba Multi-Asset Special Fund in Kenya

Ndovu Wealth Limited, a fund manager licensed by Kenya’s Capital Markets Authority (CMA), on Tuesday launched the Kibaba Multi-Asset Special Fund, a collective investment...

Swedfund Invests $600,000 in Jacaranda Health to Expand Maternity Services in Kenya

Swedfund has committed $600,000 to Jacaranda Health to support the expansion of its affordable maternity hospital network in Kenya, the organisations said on Tuesday. The...

Mastercard to Acquire BVNK in $1.8 Billion Deal to Bridge Crypto and Fiat Payments

Mastercard said on Tuesday it had agreed to acquire digital asset infrastructure firm BVNK for up to $1.8 billion, as the payments giant expands...

Safaricom’s M-PESA to Roll Out Masked Phone Numbers in P2P Transactions in Privacy Boost

Safaricom's mobile money platform, M-PESA, is set to introduce masked phone numbers in its Send Money (P2P) transactions, marking a significant shift in how...

Samsung Tops Global Soundbar Market for 12th Straight Year

Samsung Electronics said on Monday it remained the world’s top soundbar brand for a 12th consecutive year, underscoring its dominance in home entertainment alongside...

M-Pesa Launches Contactless ‘Tap-to-Pay’ for Tanzanian Smartphone Users

Tanzanian shoppers can now pay for goods by simply tapping their smartphones against payment terminals, following a major digital upgrade to the M-Pesa mobile...

New WaveX and LINX Partnership to Slash Latency for East African Internet Users

The London Internet Exchange (LINX) has announced a significant expansion of its African operations by appointing WaveX as its first official reseller partner to...

Mastercard to Acquire BVNK in $1.8 Billion Deal to Bridge Crypto and Fiat Payments

Mastercard said on Tuesday it had agreed to acquire digital asset infrastructure firm BVNK for up to $1.8 billion, as the payments giant expands deeper into blockchain-based financial services. The deal includes up to $300 million in contingent payments and is expected to close before...