The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
In a significant move to foster innovation within Tunisia’s startup ecosystem, Orange Fab Tunisie has launched a call for applications for the seventh season of its corporate accelerator programme.
Syft Analytics began its journey from a small office in Johannesburg’s Parktown North. For the first few years, the founders juggled full-time jobs while working to get the startup off the ground.
Happy Pay, which was established in 2023, has quickly gained traction with its Buy Now, Pay Later (BNPL) service, amassing 150,000 active users in just over a year.
Founded in 2010 by Ben Lyon and Dylan Higgins, Kopo Kopo has been at the forefront of Kenya’s fintech space, helping over 20,000 businesses adopt mobile payment solutions.
Under the updated rules, companies must now seek the FRA’s approval if their mergers or acquisitions result in controlling more than 10% of the market.
The platform offers users a streamlined approach to handling essential expenses such as insurance premiums, education fees, cooperative contributions, bills, and rentals.
The new directive, detailed in a circular issued by the Central Bank of Nigeria, requires that businesses using PoS terminals for electronic payments must route their transactions exclusively through either NIBSS or Unified Payment Services Limited (UPSL).
Togo’s Mobile Money market is witnessing robust growth. In the first quarter of 2024, total transaction value reached 917 billion FCFA (approximately $1.54 billion), reflecting a 3% increase over the previous quarter.
The platform allows users to sell products without any initial financial outlay. With just a few clicks, users can select items, set their own profit margins, and share products directly on social media platforms.
The Cairo-based firm has quietly returned more than ten times invested capital to its first fund. Its method - rooted in infrastructure built two decades ago for mobile telecoms - is worth examining.
Disruptions to tanker traffic through the Strait of Hormuz — which typically handles 20% of global oil flows — have slashed exports through the corridor from 20 million barrels per day to 3.8 million during peak disruptions.
