IFC pumps R372m into Africa’s digital infrastructure
Connectivity supports economic growth and job creation, says the development institution, which wants to connect more African homes and businesses.
MTN in aggressive MoMo push on home turf
The telco says it’s only natural that it includes its home market in its fintech plans and has already started recruiting thousands of agents to roll out Mobile Money.
MTN, IFC in R28m MoMo deal; to recruit 10 000 agents
The alliance will target the unbanked and underbanked population of SA through establishing a strong network of Mobile Money agents in the country.
Nedbank gets R2.9bn loan to drive renewables in SA
The big-four bank receives a $200 million loan from the International Finance Corporation to drive renewable energy projects in South Africa.
SA fintech group Adumo gets R225m from World Bank member, IFC
The company will use the funds to expand access to electronic payment solutions, especially for underserved small and medium businesses.
Bolt gets R363m for Africa, Eastern Europe expansion
The International Finance Corporation investment will support entrepreneurship, empower women and increase access to affordable mobility in the regions.
Digital economy poised to contribute trillions to Africa
Africa’s growing tech talent pool has the potential to contribute R2.8 trillion to the continent’s GDP by 2025, according to the e-Conomy Africa report.
SAP kicks off Africa Code Week to spur digital skills revolution
German software company SAP promises to introduce 1.5 million African youths to digital skills this year.
Net1's independent adjudicator sets up consumer charters
Advocate Neville Melville today unveiled the new charters which will govern how the company deals with complaints and disputes going forward.?
World Bank buys into Net 1 UEPS
World Bank unit, the International Finance Corporation, will pay around R1.6?billion for an 18% stake in Net 1 UEPS.
IFC invests $35m in African ICT
The international financial body invests $35 million towards building ICT infrastructure in SA and Africa at large.