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Ghana’s Zeepay plans to raise $10m in equity funding to support the creation of new mobile-money hubs in East and Southern Africa, Andrew Takyi-Appiah, co-founder and managing director, tells The Africa Report....
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Mastercard Foundation has partnered with InTouch to support their 10,000 Jambaars project, which will deploy a network of 10,000 agents to provide digital services across the continent, most of whom will be young people and, particularly, young women....
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Ghana’s Naa Sika digital micro-savings platform emerged winner at the World Bank Group's WURI West Africa Prize. The scheme, which seeks to reward innovations in cross-border social protection for the informal sector, is supported by the West Africa Unique Identification for Regional Integration and Inclusion (WURI) program, which facilitates...
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Ghana has not been spared the COVID-19 pandemic. As of May 21, 2020, there have been 6,269 infections and 31 deaths. The economy has taken a significant hit, with GDP growth projections for 2020 being revised down from 6.8 to 2.6 per cent. And response measures combined with a...
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Clear Junction, a London-based global fintech company that offers end-to-end regulated payment solutions based on in-house technology, has signed an agreement establishing a partnership with Zeepay, a leading African fintech company. The partnership would allow Clear Junction to offer correspondent accounts for collecting payments in the European Union and...
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The Vice President of Ghana, Dr. Mahamudu Bawumia has launched a contactless payment system to encourage the adoption of alternative payment, and curb the spread of COVID. The platforms; universal QR Code and Proxy Pay were launched to help enhance digital platforms and promote a cashless society. With this...
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Africans, largely unburdened by a history of formal banking and credit card use, has embraced technology — particularly mobile/smartphone technology — with gusto, using it to develop their own payment and purchasing methods. This has removed many of the previous barriers to e-commerce and is fueling growth that mirrors...
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Nigerian fintech Startup, Andela secures $100 million Series D funding led by Al Gore’s investment firm to build distributed Engineering teams around the world....
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Feature: Financial technology and eCommerce is are the preferred sectors for Venture Capitalists interested in investing in Africa. ...