Kotani Pay, a technology stack that enables blockchain protocols, dapps, and fintech companies to integrate seamlessly into local payment channels has announced a partnership with Tokpay, a DeFi neo-bank for for micro-finance and social protection programs in Sub-Saharan Africa. Acoording to Kotani Pay, the aim of this partnership is to provide off-ramp services to Tokpay…
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MTN Nigeria, Africa’s leading technology company, has teamed up with ETAP, a mobility technology company that creates solutions and incentives to improve the automotive experience across Africa, to reward Nigerian drivers for maintaining good driving behaviour. Leveraging ETAP’s game-changing app which uses advanced telematics to monitor driving behaviour such as speed, acceleration, braking, cornering, and focus, MTN customers…
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To spur financial inclusion and support economic growth in Senegal and Côte d’Ivoire, global development institution, IFC has announced an investment in Wave Mobile Money S.A. (Senegal) and Wave Côte d’Ivoire S.A., mobile money firms that are helping lower prices and expand services in the region. The investment from IFC and other lenders will help Wave substantially grow…
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British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year structured credit investment in the Nigerian mobility fintech firm democratising access to vehicle ownership in Africa, Moove. The investment is said to reflect BII’s focus on mobilising capital to build self-sufficiency and market resilience in Nigeria…
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Pan-African Payments technology company, Cellulant, has announced a digital payment partnership with five leading Zambian water utility companies; Nkana Water, Kafubu Water, Mulonga Water, Chambeshi Water, and Western Water. This partnership will allow customers in the province to conveniently pay their water bills with their preferred mobile money and selected bank accounts (Standard Chartered Bank,…
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Founded by Joshua King in 2021, Ayoken, the first platform for buying exclusive digital collectables, and social tokens from the musicians, sports brands, creatives, and influencers from Africa, and the global diaspora, has launched its own NFT Marketplace after raising $1.4 million in its pre-seed funding round. Investors that participated in this round include Founders…
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Kenya’s biggest telecommunications operator, Safaricom, has launched a virtual payment card with Visa Inc, offering the more than 30 million users of its M-Pesa payments system access to global e-commerce platforms. The launch of the M-Pesa GlobalPay Visa virtual card follows a partnership between the two companies forged in 2020 to develop “products that will…
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