Africa

A new $200 million financing mechanism is targeting one of East Africa’s largest underserved economic sectors, with capital set to...

African fintech Nomba has secured a $3 million debt facility to expand its cross-border payment infrastructure from the Democratic Republic...

Egyptian television presenter Sarah Khalifa has been sentenced to death alongside 11 other defendants after a Cairo court convicted them...

Africa’s largest telecommunications operator, MTN Group, is exploring banking licences in selected markets as it seeks to expand its rapidly...

South Africa’s Harmony Gold has reported an 87 per cent increase in annual profit after record bullion prices outweighed lower...

Africa’s largest telecommunications group is considering obtaining banking licences in selected markets as it prepares to move beyond mobile payments...

Standard Bank Group and UnionPay International have expanded online payment acceptance across nine African countries, giving participating merchants access to...

Ethiopia has moved closer to emerging from sovereign default after its official creditors approved a preliminary agreement to restructure the...

South African fintech TurnStay has processed more than R1 billion, approximately $61.5 million, in travel payments during the first six...