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.
Through its digital infrastructure, Pumpkn aims to make financing more accessible and affordable, lowering the costs for both borrowers and lenders. Farmers and food processors can apply for loans ranging from R5,000 to R5 million and receive funding within 10 days — an expedited process compared to traditional banking channels.
Under POPIA, companies found to have breached data protection rules face severe penalties, including fines of up to R10 million (roughly $550,000) or prison sentences of up to 10 years.
Karim Jouini and Jihed Othmani, co-founders and former CEO and CTO of Expensya, have announced their departure from the company they established in 2014, two years after its acquisition by Swedish financial software giant Medius. The move marks the end of a transformative chapter...
In a bid to fortify its foreign currency reserves and modernize money transfers, the Central Bank of Egypt (CBE) has announced the launch of the second phase of its remittance digitization project. This ambitious effort aims to enlist 12 Egyptian banks to streamline the...
The country will host the Africa Cup of Nations in 2025, expected to attract around 500,000 visitors, and is part of a joint bid to host the 2030 FIFA World Cup.
Nawy, Africa’s largest proptech platform, sees the acquisition of ROA as a natural extension of its mission to simplify real estate transactions for buyers, sellers, and investors.
Ethiopia, Africa’s second most populous nation with approximately 120m people, experienced robust economic growth, often exceeding 10 per cent annually, between 2004 and 2019.
