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South Africa’s Tyme Bank Raises $180-Million from Tencent & CDC Group

Tyme, one of the fastest-growing digital banking groups globally has successfully secured investments from Tencent and CDC to complete its $180 million Series B capital raise. The investments from Tencent and CDC are pegged at an additional $70 million. Tencent...

MTN’s Mobile Money surpasses 1 million customers

Mobile Money, a cell phone-based bank account powered by MTN South Africa, has opened more than 1 million accounts and processed more than R1 billion in transactions in its first nine months of operations. Mobile Money is based on the...
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Ethio Telecom & AfDB Partnership to Drive Ethiopia’s Digital Economy

In a strategic effort to support Africa's digital transformation, Ethio Telecom has partnered with the African Development Bank (AfDB)...
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