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MNT-Halan Hits $1.4 Billion Valuation After New Investment from Al Ahly Capital
MNT-Halan has completed the first closing of a new investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt, lifting the company’s valuation…
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Spiro Names Anant Badjatya as Group CEO Following $215 Million Funding Round
Spiro has appointed Anant Badjatya as its new Group Chief Executive Officer, days after securing a $215 million equity funding round that ranks among the largest investments in Africa’s…
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MTN Group Fintech Partners with Ant International to Build Next-Generation MoMo Super App
MTN Group Fintech has entered into a strategic partnership with Ant International to accelerate the evolution of its MoMo mobile money platform across Africa, introducing a next-generation super-app featuring…
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Bank of Tanzania Launches Digital Forex Trading Platform to Modernise Currency Market
The Bank of Tanzania has launched an Electronic Matching System for the interbank foreign exchange market, replacing the previous manual trading process with a real-time digital platform that automatically…
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Why Konga Is Betting on Stablecoins for Global Payments
Konga, one of Nigeria’s leading e-commerce platforms, has invested $2.7 million in Stable, a stablecoin payments startup, to strengthen its capabilities in international payments and cross-border commerce. The investment…
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Instant Loans in Five Minutes: Nedbank Unveils New AI-Powered Credit Product
Nedbank has partnered with JUMO, a leading African fintech specialising in AI-driven credit solutions, to launch Nedbank Quick Loans, a digital lending product embedded directly in the Nedbank Money…
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3IF Ventures Launches Africa’s First Inclusive Insurance VC Fund with $12 Million First Close
3IF Ventures has announced the first close of its Inclusive Insurance Investment Fund at $12 million, targeting a final close of $30 million. Co-anchored by FSD Africa Investments and…
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Bolt Food Strengthens Kenya Expansion Through Quickmart Grocery Delivery Deal
Bolt Food has announced a partnership with Quickmart Supermarkets that enables customers to order from over 12,000 products across more than 60 Quickmart stores directly through the Bolt Food…
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Flutterwave Integrates Tempo Network to Enable Faster USDC and USDT Payments
Flutterwave and Tempo have announced a strategic partnership at Money20/20 Europe to integrate Tempo’s layer-1 blockchain network into two of Flutterwave’s core products, enabling faster and more cost-effective wallet-to-wallet…
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How DStv and GOtv Subscribers Can Access Free Package Upgrades This June
MultiChoice Nigeria has launched “Open Time”, a promotional campaign running throughout June 2026 that gives eligible DStv and GOtv subscribers free temporary upgrades to higher subscription packages at no…
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