Pan-African digital payments company MFS Africa is acquiring U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million, FT reported today.
There are very few deals of such manner; that is, an African tech company buying up a U.S.-based one. While it can be seen as bragging rights for some, MFS Africa made the deal out of a necessity for its next growth phase.
MFS…
As part of its long-term strategic growth plan, Nigeria’s retail Point-of-Sale solution provider, ZirooPay, will leverage its recent funding round to tap into the growing opportunities in Africa’s retail sector.
Armed with a technology that enables small businesses to…
Blockchain-based company, Vault Hill, has launched its NFT marketplace with the public sale of land in its human-centric metaverse, Vault Hill City (VHC). The ongoing sale is being held auction style using its native token, $VHC.
As part of the land sale, a free HTC…
Adaverse Backs Cassava Network With A Seed Investment To Empower African Content Creators
June 2, 2022
Adaverse, a Cardano ecosystem accelerator established to foster the growth of crypto-native projects in Africa, today announced its investment into a seed funding round for Cassava Network, a blockchain infrastructure that empowers African content creators, developers, and end-users through mutually aligned tasks and incentives. Over 40 investors, including Dragonfly, CMT Digital, YGG, Mirana…
On Saturday 28th of May, global communications company Infobip, received the Business Efficiency Solutions Provider of the Year award, at the 13th annual Beacon of ICT Awards held in Lagos.
The Beacon of ICT Awards celebrates the top performers in Nigeria’s ICT sector…
The use of technology or the internet to connect patients to doctors goes as far back as 1994 (PDF) in the MENA region, when Egypt is considered that date is 2002. But wars, doctor and patient resistance, poor infrastructure, lack of funding, poor system quality, and…
Without mincing words, the current curriculum hinders the development of these youths. Or how else does one explain the case of 19 year-old Emmanuel Njoku who rebelled against university education because the curriculum was too elementary for him. He subsequently had to drop out of the Enugu State University of Technology. Like any Nigerian parent, Emmanuel’s father tried everything possible to…
Benjamin Aidoo has sold his viral coffin dance as NFT for over $1 million approximately (GHC 7.45m).
Ghana’s Dancing Pallbearers have sold their Coffin Dance meme for over $1 million on NFT.
The NFT was acquired by Dubai-based recording agency, 3F Music.
Leader, Benjamin…
With operations spread across Nigeria, Senegal and Ivory Coast, BetaStore, a tech-enabled B2B retail startup, has closed a $2.5 million pre-series A funding round.
The fund will enable BetaStore’s expansion into Ghana, the Democratic Republic of Congo and Cameroon by the…
‘Banks can’t achieve 95% financial inclusion goal without secure technology’ - Ifie Sekibo
May 30, 2022
Ifie Sekibo, Managing Director/Chief Executive Officer of Heritage Bank Plc, believes investment in smart technology is never enough. In an interview with GEOFF IYATSE, he speaks on a backlog of challenges that delayed the financial inclusion drive and how banks can bridge the gap and bring millions of the unbanked into the financial space using modern technology.
How critical is financial…