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- Forget South Africa: East Africa now rules in banking industry returns
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Money Deals
Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand regulated issuing capabilities across Africa, Europe, and Latin America. Stablecoin adoption is accelerating…
Smartphones have opened unprecedented avenues for people across Africa to…
As remittances hit a record $5 billion, a new breed…
One of the convenient instruments for shielding investment portfolios from market uncertainties is South African…
The International Monetary Fund (IMF) has committed an additional $938 million to Kenya as part of a strategy to stabilise the country’s economy.
Competition in the remittance space has intensified with the entry of new players as the race for a share of the annual $95.6 billion in cross-border remittances flowing into Africa heats up. Airtel Africa has partnered with MasterCard to unveil a new service for cross-border remittances. Their deal will see customers in Kenya and 14 other African nations become the first beneficiaries of the service.
Airtel Africa and MasterCard will provide a seamless digital experience for consumers, connecting them with millions of peers worldwide. With a mushrooming diaspora community, remittances are now the largest source of forex in many African economies.
PROPARCO and the IFC, are scaling up of renewable energy production in both Kenya and…
Last year, about 90 percent of climate change-related disaster losses in Africa were not insured.…
Angola has become Africa Trade Insurance Agency’s (ATI) 21st member state by paying $25 million…
