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

Safaricom, Vodacom Acquire M-PESA Payments Platform
Safaricom, Vodacom Acquire M-PESA Payments Platform
April 06, 2020  |  Partnerships / Acquisitions

Safaricom, Kenya’s telecommunications giant, and the South African mobile communications company Vodacom have completed the acquisition of the M-PESA brand, along with its product development...

READ MORE >
Jumia To Aid With Delivery Of Essentials In Africa
Jumia To Aid With Delivery Of Essentials In Africa
March 23, 2020  |  Coronavirus

Nigeria-based eCommerce and payments startup Jumia is supporting the fight against COVID-19 in Africa by using its platform to offer information, delivery and supplies. “We...

READ MORE >
Mastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
Mastercard: The Impact Of Pay On Demand On Africa’s Smartphone Future
March 16, 2020  |  Merchant Innovation

Inclusion is a laudable goal — bringing the 1.7 billion unbanked and underbanked people worldwide into the global digital marketplace is a nearly uncontested good....

READ MORE >
Visa Teams With Nigeria’s Paga For Global FinTech
Visa Teams With Nigeria’s Paga For Global FinTech
March 09, 2020  |  Partnerships / Acquisitions

Visa is partnering with the Nigeria-based startup Paga to bring payments technology to Africa and abroad, according to reports on Monday (March 9). Paga has...

READ MORE >
i2c Names GM In Middle East, Africa Expansion
i2c Names GM In Middle East, Africa Expansion
March 03, 2020  |  Banking

Payment and open banking tech firm i2c plans to expand its presence in the Middle East and Africa, according to a press release. The plans...

READ MORE >
African eComm Firm Taps Local Agents, Businesses To Streamline Logistics 
African eComm Firm Taps Local Agents, Businesses To Streamline Logistics 
March 02, 2020  |  Delivery

Of Africa’s one billion-plus population, some 400 million use the internet, putting the continent among the most digitally connected populations worldwide. Yet, the lack of...

READ MORE >
African Financial Startup JUMO Notches $55M
African Financial Startup JUMO Notches $55M
February 26, 2020  |  Investments

FinTech upstart JUMO has notched $55 million in equity and debt funding. The newest investment round had participation from current investors, with the inclusion of Odey Asset...

READ MORE >
Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
Isabel dos Santos Facing Embezzlement; Implicated Banker Found Dead
January 23, 2020  |  Security & Fraud

Africa’s richest woman, Isabel dos Santos, is facing money laundering and mismanagement charges, while a banker implicated in the case — Nuno Ribeiro da Cunha,...

READ MORE >
Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
Nigeria’s Paga Buys Software Firm Apposit For Global Expansion
January 22, 2020  |  International

Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit, a software development startup based in Ethiopia, as reported on Wednesday...

READ MORE >