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Canal+ MultiChoice Ownership faces a stumbling block. France’s Group Canal+ and its acquisition target, JSE-listed MultiChoice Group, have implied ways to get around the regulations on foreign ownership of broadcasters in South Africa. However, they can only go ahead if…
CBN, Central Bank of Nigeria, has directed Moniepoint, OPay, Kuda Bank, and Palmpay to restrict new account openings. This ensues after the recent freezing of 1,146 bank accounts linked to unauthorized forex transactions. The account restriction is to prevent further…
Navigating the West African Examinations Council (WAEC) results is a pivotal moment for students in Ghana, as it determines their academic and professional trajectory. Understanding the process of checking these results online can streamline this crucial step. In this article,…
Many questions such as “Why is Moniepoint facing issues?”, “why is Opay having problems?”, and “Why is Kuda having problems?” has been on the lips of fintech customers in Nigeria. Nigeria’s fintech sector, long considered a bright spot in terms…
Senegal’s B2B e-commerce startup, Maad, has defied the recent turbulence in the African B2B e-commerce sector as they raises a significant $3.2M in seed funding. This investment, consisting of both debt and equity, will fuel Maad’s expansion plans within Senegal…
The Reserve Bank of Zimbabwe has injected $190 million into the economy to support the Zimbabwean Gold (ZiG). This initiative comes amid rising import costs, declining export prices, and high inflation, which have plagued many African nations. By enhancing its…
Pernod Ricard, the world’s second-largest wine and spirits seller, renowned for its iconic brands like Jameson, has made a significant investment in the African e-commerce platform Jumia. The spirits seller acquired 1.27 million shares in Jumia’s recently announced secondary sale,…
Carry1st has announced its partnership with Audiomack to simplify music subscription payments for its vast user base. With over 30 million monthly users, this collaboration aims to provide Audiomack’s customers across the continent with easier access to premium services through…
Wallet Africa, a revolutionary fintech company, is reshaping the way we think about financial services. Imagine having a single platform that streamlines all your financial activities, from sending money across borders to paying bills and even managing company expenses —…
In a move highlighting the growing vibrancy of Africa’s innovation scene, Madica, a pan-African venture capital firm, has announced a significant investment of $200,000 each into three promising startups: GoBeba (Kenya), Kola Market (Ghana), and NewForm Foods (South Africa). This…
