Premier Bank and Mastercard launch Shari’ah-compliant cards, promoting secure, inclusive, and innovative digital banking solutions. Premier Bank, a leading Islamic financial institution in Kenya, has announced a collaboration with Mastercard to introduce an innovative suite of Shari’ah-compliant debit, credit, and prepaid cards. This collaboration marks a significant milestone in delivering secure financial solutions, tailored to […]
Thunes Partners with Ecobank to Enhance Financial Access and Cross-Border Payments Across Africa
November 7, 2024 – In a strategic move to drive financial inclusion and streamline cross-border payment solutions across the African continent, Thunes has announced a partnership with Ecobank, a leading pan-African financial institution. This collaboration aims to build secure, efficient digital payment pathways for millions of individuals and businesses throughout Africa, connecting them with global […]
Orange Middle East and Africa and Mastercard partner to digitize payments for millions across Africa by 2025 – Fi
October 30, 2024 In a landmark agreement, Orange Middle East and Africa (OMEA) and Mastercard have announced a strategic partnership aimed at enhancing financial accessibility across Sub-Saharan Africa. This significant collaboration will enable millions of Orange Money wallet holders to make digital payments with Mastercard’s extensive global network of merchants by 2025. The initiative is […]
Moroccan logistics startup Colis.ma Raises $300,000 Funding from Witamax Ventures
Morocco, October 2024 – Moroccan cross-border logistics startup Colis.ma has successfully raised $300,000 in funding from the Witamax Fund, aiming to strengthen its footprint across Morocco, Europe, and Africa. The newly acquired funds will support Colis.ma’s goal to establish operations in five key regions within Morocco and six major European markets, as well as to […]
Africa Finance Corporation partners with ITANA for the creation of Africa’s first Digital Economic Zone
NEW YORK, United States of America, September 27, 2024/APO Group/ — Itana (http://apo-opa.co/4dnuip1), Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, have agreed to jointly develop the first digital economic zone in Africa designed for global and Pan-African technology, finance and service-based businesses to […]
Network International establishes presence in Morocco, strengthening strategic expansion in Francophone Africa
CASABLANCA, Morocco, September 27, 2024 – Network International (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, officially announces its establishment in Morocco, furthering its strategic expansion in Francophone Africa. With over 30 years of industry leadership, Network International is committed to accelerating the digitalization of payments in the Kingdom through […]
Safaricom and Mastercard Partner to Boost Digital Payments in Kenya
Kenya – Safaricom and Mastercard have announced a strategic partnership aimed at enhancing digital payment solutions and cross-border remittance services across Kenya. The collaboration will leverage M-PESA’s extensive merchant network and Mastercard’s global payment infrastructure to empower over 636,000 merchants using the M-PESA mobile money platform. The partnership is expected to play a pivotal role […]
Algerian edtech LabLabee Secures $3.4 Million in Seed Funding Round
Algiers, Algeria – LabLabee, an innovative Algerian edtech startup, has successfully raised $3.4 million in seed funding to drive the adoption of 5G, cloud, and AI technologies across the telecommunications and industrial sectors. The funding round was led by Reach Capital, with significant participation from Classera and existing investors Brighteye Ventures and e& capital. The […]
PayRetailers expands further into Africa, boosting financial inclusion across eight additional key markets
LONDON, United Kingdom, September 18, 2024/ — Expansion includes Burkina Faso, Cameroon, Kenya, Ivory Coast, Ghana, Senegal, South Africa, Nigeria; Leveraging success in Latin America to provide underbanked populations in Africa with efficient payment functions. PayRetailers, the leading payment processor for Latin America, has today announced further expansion into Africa. With coverage now across 12 countries, the […]