Telecom Egypt receives offers for network towers up to $250M
Three local and foreign companies are currently in competition to acquire the majority ofTelecom Egypt’s towers, in a deal estimated…
Category: Technology
Africa: Jumia to close down food delivery business
E-commerce platform Jumia has announced plans to shut down its food delivery business in all the seven African markets it…
Kenya: BasiGo gets Sh766m for electric buses assembly
BasiGo has received a $5 million (Sh766.7 million) debt facility from a UK investor to ramp up local assembling of…
African countries that spend the most time on social media
Spending an extensive amount of time on social media can have both beneficial and negative effects. The argument can go…
Nigeria: Union Bank promotes tech inclusion among women
Union Bank of Nigeria has reaffirmed its commitment to a just and equitable society by promoting equity, justice, and the…
₦2.9bn illegally transferred from accounts of Nigerian fintech company Flutterwave
Counsel for Nigerian fintech company Flutterwave, Albert Onimole, reported a case of ₦2,949,557,867 illegally transferred from the company’s account to…
Egypt: CBE raises maximum limit of transactions value through InstaPay mobile app
The Central Bank of Egypt (CBE) decided Thursday, March 9, to increase the maximum limits of all transactions conducted through…
Ghana: GCB Bank completes first PAPSS client transaction
GCB Bank Plc has successfully completed the first Pan-African Payment and Settlement System (PAPSS) client transaction in Ghana. The transaction…