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PayPal invests $100M in MENA and Africa via PayPal Ventures, boosting payments and hiring despite global regulatory challenges.
Impact investor Acumen has secured $246.5 million to expand clean energy access in Africa’s hardest-to-reach markets.
Nigeria’s Central Bank cuts its benchmark interest rate to 27% for the first time since COVID, as inflation slows.
Billionaire Hassanein Hiridjee’s Axian Telecom is battling in Uganda’s tower market while tightening control of Jumia.
AUATON has given Uber and Moove a three-day ultimatum to reverse a 100% hike in the Drive-to-Own remittance.
Flutterwave reshapes its compliance leadership with key appointments as it aims for Nasdaq IPO readiness.
Circle Ventures has invested in CV VC’s $20 million African Blockchain Fund, marking a major bet on Africa’s stablecoin-powered future.
Visa cardholders will get early presale access to AFCON 2025 tickets in Morocco, two days before general sales open on September 27.
Fiverr is cutting 30% of its workforce to focus on AI. The move raises concerns for African freelancers who depend on the platform for income.
With this spectrum lease arrangement, MTN will be able to handle the additional network traffic through its infrastructure
MTN Group is partnering with US and European firms to build AI data centers in Africa. The first $240 million project has started in Nigeria.
Nigeria has slipped to last place in African startup funding in 2025, raising only $186m compared to Kenya, South Africa, and Egypt.
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