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Why did MTN Exit Guinea-Conakry?

MTN Group Limited (“MTN”) has announced the successful conclusion of the sale of its operations in Guinea, also known as MTN Guinea-Conakry, to the State of Guinea on December 30, 2024. This transaction aligns with MTN’s ongoing portfolio optimization...

MultiChoice Ghana Brings MTN MoMo to Showmax Users

In an exciting development for digital entertainment in Ghana, MultiChoice Ghana has relaunched Showmax, the popular video-on-demand (VOD) platform, with a new payment option through MTN MoMo (Mobile Money). This relaunch, celebrated at a vibrant event in Accra, promises to...

Nigeria: PalmPay and Jumia enter Strategic Partnership

PalmPay, a leading Africa-focused fintech operating Nigeria’s most used mobile wallet, and Jumia, Africa’s e-commerce giant, today announce a strategic partnership to enhance the digital payment ecosystem on the continent, starting with payment integrations and co-marketing efforts in Nigeria. This...

Collaboration to Empower 1M SMEs in Cote d’Ivoire & Uganda

The Mastercard Center for Inclusive Growth, MTN Group Fintech, and Arifu have collaborated to help approximately 1 million small businesses in Cote d'Ivoire and Uganda digitize their operations, increase their use of digital financial services, and gain access to...

Ignite Power Secures $15M Investment to Transform West Africa’s Solar Energy Landscape

Ignite Power has secured $15 million in senior debt financing from Afrigreen Debt Impact Fund (“AFRIGREEN”), a leading renewable energy investor focused on Africa, for its subsidiary Westa Solar, which specializes in commercial and industrial (C&I) solar energy. This...

Nigeria: Stablecoin Payments Startup Secures $3million Funding

Juicyway, a leading payment startup using stablecoin technology to transform cross-border payments connecting people and businesses to the global economy, has launched out of stealth mode and announced a $3M pre-seed round led by P1 Ventures, with participation from...

Yango, Yabx, and COFINA Team Up to Launch In-App Lending in Côte d’Ivoire

Yango Côte d’Ivoire, a subsidiary of Yango Group, has partnered with COFINA, a prominent mesofinance institution, and Yabx, an embedded finance platform, to introduce the "Driver Cash Advance" service. This innovative digital lending solution offers Yango’s partner drivers immediate...

Orange Launches Open-Source AI in African Languages for Inclusivity

Orange is partnering with OpenAI and Meta to improve AI large language models (LLMs) for regional languages in Africa that are currently unsupported by GenAI models in the Middle East and Africa. Also Read: OpenAI Partners Global Media Giant for...

MTN Expands 5G Footprint with Launch in Benin and Republic of Congo

MTN Group has officially launched 5G networks in Benin and the Republic of Congo, marking a significant milestone in its mission to deliver cutting-edge digital solutions that advance Africa’s progress and enable the benefits of a connected modern life. This...

SGU School of Medicine in Grenada Unveils Online Learning Platform

St. George's University School of Medicine in Grenada, West Indies, has launched the SGU Global Medic Club online learning platform. The SGU School of Medicine is accredited by the Grenada Medical and Dental Council, which has been recognized by the World...
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Ethiopia Inaugurates First Stock Exchange

Ethiopia has officially inaugurated its first stock exchange in almost five decades. On January 10, 2025, Prime Minister Abiy...
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