Kenya’s Cellulant set to build a single payments API for Africa’s fintech companies & startups

Kenya’s Cellulant set to build a single payments API for Africa’s fintech companies & startups

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Cellulant, a Pan-African payments company providing a one-stop digital payments platform says it’s set to build an application programming interface (API) for Africa’s payments companies to solve Africa’s payment problems, grow eCommerce and improve cross-border remittances. “There is need for collaboration instead of…

Bharti Airtel’s Airtel Africa sells a $1.25 billion stake to Singtel, SoftBank as it eyes IPO

Bharti Airtel’s Airtel Africa sells a $1.25 billion stake to Singtel, SoftBank as it eyes IPO

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Bharti Airtel’s Airtel Africa  has sold a $1.25 billion stake to six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others through a primary equity issuance in the company at a post money equity value of ~ USD 4.4 billion. The proceeds will be…

Twiga Foods, Kipeto Energy & Acorn Housing raise more than $288m to address Kenya’s pressing needs

Twiga Foods, Kipeto Energy & Acorn Housing raise more than $288m to address Kenya’s pressing needs

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Overseas Private Investment Corporation (OPIC) has showcased its support for several investment projects in Kenya during the president’s official visit to the United States. The projects support a range of sectors from affordable housing to reliable energy to OPIC’s Connect Africa initiative aimed at…