Safaricom has launched the first $115 million tranche of its $308 million domestic medium-term note programme, marking Kenya’s largest green bond issuance to date. The company has included a green-shoe option that would allow it to raise an additional...
Dubizzle Group Holdings PLC, the largest digital classifieds platform in the Middle East and North Africa, has announced an initial public offering on the Dubai Financial Market, expected to float approximately 30.34 percent of its share capital.
The 30.34 percent...
South African fintech startup Float has secured $2.6 million (R46 million) to expand its card-linked installment platform, in a round co-led by Invenfin and SAAD Investment Holdings, with participation from Platform Investment Partners and advisory support from Lighthouse Venture...
Standard Bank has provided an $11 million facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years.
Float is a new payment method that encourages responsible...
As a trader, it’s critical to understand how the different types of spread work. In the forex market, a spread is the difference between the bid (buy) and ask (sell) prices. These prices are calculated in pips.
Spreads influence the...
Standard Chartered Bank has published a report called "Keep CALM and carry on" as part of their Half-Two Global Market Outlook.
The report aims to guide investors on how to navigate the current global and local economic situation.
According to the...
Pesapal is rollout Openfloat in Kenya, a Single solution account for multiple expenses processes for business people . The Openflaot is a low-cost, consolidated solution to manage expense payments across multiple channels, recipients, and currencies.
The launch comes after...
Float, a Ghanaian fintech startup , has  announced that it has fully acquired of Accounteer, a Nigerian cloud-based accounting service that combines bookkeeping, tax prep, and financial advisory services all in one platform, for an undisclosed amount.  Â
This deal has been...
Tata Motors the Indian automaker who is also the parent company of Jaguar Land Rover unveiled a concept car to preview their future electric direction. The concept is named 'Avinya' it's derived from the Sanskrit language and stands for...
Floatpays, a South African on-demand payment company, has raised just under $4 million in an oversubscribed seed round to help it expand across Africa.
Floatpays is a digital platform that offers on-demand access to pay, seamless savings functionality, and financial...
Float, a Ghanaian fintech startup that manages cash flow and spend for African businesses, has raised US$17 million in debt and equity seed funding to accelerate its development and launch additional products.
According to Ghansah, the new funds will be...
High school friends drawn from Ghana and Kenya walked away with top prizes on Monday night at the annual Chattanooga competition that showcases startup businesses. The three young men Jason Oteng-Nyame ( Ghana), and Gabriel Wamunyu and Anthony "Tony"...
Some time ago, we had posted an article that talked about this feature in the testing phase. Normally, new features from WhatsApp are first launched into the beta app for testing before they are introduced into the stable version...
Safaricom’s debut green bond has raised $320.3 million in just two weeks, well above its $116 million target, highlighting strong demand for sustainability-linked fixed-income assets in Kenya.
The telecom operator will absorb $154.8 million, the maximum under the first tranche...
In this day and age, an online casino can easily be considered as a trendy activity. After all, it is one of the most popular activities that most mobile smart devices can host, basically an essential tool for everyday...
South Africa's travel startup TurnStay has raised $2 million to fuel its rapid expansion across Africa.
The seed round led by First Circle Capital, with participation from TLCom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures.
Founded by Alon Stern (ex-Prodigy Finance) and James Hedley...
After the collapse of heavily funded Copia Global, a new venture emerges promising rewards, mobile data, and engagement driven e-commerce
Three former leaders of Copia Global, Tim Steel (former CEO), Michael King (former CTO), and cofounder and Executive Chairperson Tracey...
The tech giant, Samsung, announced the Galaxy Z Fold7, the latest addition to its foldable lineup. The device combines thinner, lighter hardware with new Galaxy AI features and an expanded display designed to improve productivity, better camera performance, and...
Ghanaian fintech company Zeepay has raised $18 million in a senior secured debt facility to strengthen its working capital and enhance remittance liquidity as it expands operations across Africa and the Caribbean.
The funding round was arranged by Verdant...
Casinos are more than just places where people try their luck. They are a world filled with excitement, intrigue, and a unique atmosphere. From their exotic animals to their breathtaking architecture, every casino has its own charm. In this...
How MicroSave Consulting is improving Cash Voucher Assistance to over 65,000 people in the Somali region under the UN World Food Programme relief operation.
Authors from MSC: Brenda Oyugi Edward Obiko and Endashaw Tesfaye
The United Nations Capital Development Fund is leading...
Cauris Finance, an Africa-focused impact credit fund, has closed $40 million to expand its efforts to support socially impactful African fintechs that provide essential credit access to financially underserved small businesses and entrepreneurs, the economic engines of every African...
Artificial intelligence (AI) has become the tech world's golden child
Some companies have struck it rich in this AI boom
AI boom isn't limited to established tech giants
By Antony Muchiri, Founder and Editor in Chief Tech with Muchiri
Artificial intelligence (AI) has...
Safaricom, Kenya's leading telco, is making a bold move into the insurance industry after securing a license from the Insurance Regulatory Authority (IRA) to offer insurance products. This development marks a significant step for Safaricom as it expands its...
Renewable energy has become a focal point in the global effort to combat climate change and reduce reliance on fossil fuels. Recent breakthroughs in this field are driving the world toward a cleaner and more sustainable future. From advanced...
mTek, a leading Kenya-based digital insurance platform renowned for its seamless and convenient access to insurance products, has partnered with UzaPoint to enable Small and Medium Enterprises (SMEs) to access fully digital insurance products.
This partnership will empower UzaPoint to...