Continued growth of Africa’s FinTechs can unlock greater economic prosperity
New FinTech platforms have played a critical role in recent years in improving financial inclusion in Africa. This trend is set to continue with their growth potential unlocking greater economic prosperity. Nairobi / Lagos / Accra , 15 November 2023 -/African Media Agency (AMA)/- Africa is one of the fastest growing FinTech markets with revenue forecasted to […]
Digit collaborates with MediaTek to offer affordable 4G smartphones to Vodacom customers
MediaTek (https://www.MediaTek.com/), a global fabless semiconductor company powering nearly 2 billion connected devices a year, has collaborated with Digit to offer affordable 4G smartphones to Vodacom (https://www.Vodacom.com/) customers and make modern 4G/ LTE smartphones affordable to millions of its customers in South Africa, Egypt and Tanzania who are still using 2G devices. The Digit4G Energy smartphone is powered […]
Ecobank and African Guarantee Fund Sign Transformative USD 200 Million Risk Sharing Agreement
This is the largest guarantee facility in sub-Saharan Africa; The risk sharing agreement marks the third renewal of the partnership between Ecobank (www.Ecobank.com) and AGF; SMEs from across 27 African markets in which Ecobank operates will benefit from the partnership; up from just 7 countries in 2013; The agreement includes favourable lending terms for gender financing and green […]
Afreximbank launches African gastronomy and culinary arts programme
The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today in Cairo launched an African Gastronomy and Culinary Arts Programme under its Creative Africa Nexus Initiative (CANEX). Launched during the third Intra-African Trade Fair (IATF2023), the CANEX African Gastronomy and Culinary Arts Programme is the newest vertical within the CANEX programme and featured nine celebrity chefs from Africa […]
Payments giant Cellulant expands Middle East and North Africa operations with new Egypt payment licenses
Leading payments fintech company Cellulant (www.Cellulant.io) has today announced that it has obtained the initial approval as a Payment Service Provider and Payment Facilitator in Egypt. Adding these licences strengthens Cellulant’s operations in Africa, where it has the most comprehensive payment infrastructure, integrating over 370 payment methods, operating in 35 markets with licences and physical […]
Statement by the African Development Bank Group following the illegal arrest of its staff in Ethiopia
On 31 October 2023, two staff members of the African Development Bank Group (www.AfDB.org) based in Addis Ababa were unlawfully arrested, physically assaulted, and detained for many hours by elements of the security forces without any official explanation. We are pleased that the Prime Minister of Ethiopia immediately acted when he learnt of the incident, ordered the immediate release […]
Cybercriminal for hire: The rise of Ransomware-as-a-Service
Ransomware attacks are a global concern, with a shocking 40% increase in both frequency and severity over the last year. “South Africans are at significant risk due to the increasing use of Ransomware-as-a-Service (RaaS),” warns Anna Collard, SVP Content Strategy&Evangelist at KnowBe4 AFRICA (www.KnowBe4.com). Using RaaS also increased by 40% (https://apo-opa.co/49Bynp3) over the last year. […]
Motorola Solutions Sharpens Focus on Safety and Security
Motorola Solutions (https://www.MotorolaSolutions.com) proudly rang the opening bell at the New York Stock Exchange, celebrating its continued, purposeful transformation centered on safety and security. Yesterday, the company announced its new brand narrative, ‘Solving for safer,’ which highlights its sharpened focus on solving for safer communities, safer schools and safer businesses. “From our storied history, today […]
Last call to win from over 100,000 prizes with Opera’s latest “Shake and Win”
OSLO, Norway, 15 November, 2023 -/African Media Agency(AMA)/- The clock is ticking! Opera launched its latest edition of “Shake and Win” on November 1st, and there are just two weeks left for Opera Mini users in Kenya, Nigeria, and South Africa to get in on the action. So this is your last call – dive in […]
Bühler and dsm-firmenich join forces to advance efforts to combat hidden hunger in Nigeria
Rice fortification boosts health and food security KANO, Nigeria, 16 November 2023 -/African Media Agency(AMA)/- The role of rice fortification in ensuring the nutritional quality of food products in Nigeria has become increasingly important in a country where food security is a growing concern and hidden hunger is a silent epidemic. A seminar organized by Bühler, dsm-firmenich, and […]
