Africa

Africa is the world's second largest and second most-populous continent. At about 30.3 million km² including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area. With 1.2 billion people as of 2016, it accounts for about 16% of the world's human population.

Source: en.wikipedia.org

South Africa’s MTN Group First-Quarter Revenue Up 18 Pct
South Africa’s MTN Group First-Quarter Revenue Up 18 Pct
May 05, 2021  |  Earnings

Mobile operator MTN Group, headquartered in Johannesburg, Africa, reported first-quarter 2021 results that moved past medium-term guidance, driven in part by an uptick in data...

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Airtel Africa Gets $100 Million Boost From Mastercard
Airtel Africa Gets $100 Million Boost From Mastercard
April 01, 2021  |  Mastercard

Payments platform Airtel Africa closed a $100 million deal that gives Mastercard a 3.75 stake percent in its business, now valued at $2.65 billion. Raghunath...

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MFS Africa Reaches Bulk Of Sub-Saharan Market With 320 Million Mobile Money Wallets
MFS Africa Reaches Bulk Of Sub-Saharan Market With 320 Million Mobile Money Wallets
March 29, 2021  |  Mobile Wallets

MFS Africa announced on Monday (March 29) that it has reached more than 320 million mobile money wallets, which means the Pan-African FinTech leader now...

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Report: Price Of Jumia Technologies Expected To Soar In 2021
Report: Price Of Jumia Technologies Expected To Soar In 2021
February 04, 2021  |  International

Analyses of investor sentiment and other factors point to the price of Nigeria-based online marketplace Jumia Technologies soaring through 2021 and beyond, London Loves Business...

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Bitcoin Daily: UK Financial Adviser Seeks Ban On Crypto Transactions; Crypto Network Founder Says Developing Countries Will Embrace DeFi
Bitcoin Daily: UK Financial Adviser Seeks Ban On Crypto Transactions; Crypto Network Founder Says Developing...
January 17, 2021  |  Bitcoin

Cardano founder Charles Hoskinson says there could be a surge in DeFi usage in Africa, a report from CoinTelgraph says. Hoskinson said he thought around...

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Entersekt Teams With Cellulant For More Secure Digital Banking
Entersekt Teams With Cellulant For More Secure Digital Banking
November 24, 2020  |  Digital Banking

South African FinTech company Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments.  Schalk Nolte, chief executive officer...

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Nigeria’s Challenger Bank Kuda Raises $10M For Its Mobile-First Services
Nigeria’s Challenger Bank Kuda Raises $10M For Its Mobile-First Services
November 10, 2020  |  Investments

Nigeria-based Kuda, which operates its own mobile-first challenger bank, now has $10 million after a funding round in what TechCrunch reported is the biggest seed...

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Global Chains Snap Up Distressed Independent Hotels In Africa
Global Chains Snap Up Distressed Independent Hotels In Africa
October 19, 2020  |  Travel Payments

Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal...

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Stripe To Acquire African Payments Processor Paystack
Stripe To Acquire African Payments Processor Paystack
October 15, 2020  |  Partnerships / Acquisitions

Stripe is acquiring Paystack, a company that says it processes more than half of online payments in Nigeria. “More than 60,000 businesses in Nigeria and...

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