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Kenya’s Octavia Carbon Raises $3.9 Million Seed Funding to Scale Direct Air Capture Technology

Octavia Carbon, a pioneering Kenyan startup specializing in Direct Air Capture (DAC) technology, has raised $3.9 million in seed funding to scale its carbon removal operations

ByEmmanuel DanijiOctober 16, 20240Comments

Money Opinion

Understanding the CBN’s New Forex Circular: What It Means for Nigerians

On October 2, 2024, the Central Bank of Nigeria (CBN) announced a major shake-up in the way foreign exchange (forex) transactions will be conducted in the Nigerian market. If you’ve ever wondered why forex seems so confusing—or why it sometimes feels like it works against the everyday person—this new system, called the Electronic Foreign Exchange…

ByInnocent AmadiOctober 6, 20242Comments

Finance Money News

Lesaka Technologies Completes $96 Million Acquisition of Adumo, Expands Market Share in Southern Africa

Lesaka’s Strategic Acquisition Lesaka Technologies, a Nasdaq-listed fintech company, has officially completed the acquisition of fellow fintech firm Adumo for $96 million. The deal, which includes $13 million in cash, marks a significant step in Lesaka’s growth strategy as it strengthens its foothold in the Southern African fintech market

ByEmmanuel DanijiOctober 3, 20240Comments

Money News

South Africa’s Tech Sector Gets R300 Million Boost with New Seed Fund of Funds

The R300 million Seed Fund addresses this challenge by focusing on seed capital, which is crucial for innovation, research, and development in the country’s growing tech sector

ByEmmanuel DanijiOctober 2, 20240Comments

Money News

Achieve Investment App Introduces “Global Tech” Equity Mutual Fund for Ghanaian Investors

Achieve, a Ghanaian investment app developed by Petra Securities, has introduced a new feature called Global Tech, offering users a unique opportunity to invest in some of the world’s leading technology companies

ByEmmanuel DanijiOctober 2, 20240Comments

Finance Money

Bank of Ghana Introduces “Ghana Gold Coin” to Manage Liquidity and Promote Domestic Investment

The Bank of Ghana (BOG) has introduced a new investment product, the Ghana Gold Coin (GGC), as part of its efforts to manage excess liquidity in the banking sector and promote its domestic gold purchase program

ByEmmanuel DanijiOctober 2, 20240Comments

Finance Money

Mastercard Introduces New Crypto Debit Card

Mastercard has recently made waves in the cryptocurrency space with the launch of its crypto debit card, allowing users in Europe to make payments directly with Bitcoin

ByEmmanuel DanijiSeptember 27, 20240Comments

Money News

AI to Revolutionize Sub-Saharan Africa’s Economy with Over $30 Billion Contribution in the Next Decade

The government is particularly focused on leveraging AI to enhance productivity in key sectors such as agriculture, healthcare, and fintech.

ByEmmanuel DanijiSeptember 26, 20240Comments

Finance Money

Userguest Secures €2.2M Seed Funding to Drive Innovation in Hotel Revenue Optimization

Userguest, a leading Moroccan tech startup dedicated to helping hotels enhance direct revenue, has raised an impressive €2.2 million (approximately $2.4 million) in seed funding

ByEmmanuel DanijiSeptember 25, 20240Comments

Finance Money

MoneyGram Faces Days-Long Outage Due to Cybersecurity Incident

MoneyGram has encountered a major disruption in its services following a cybersecurity issue that has left its global operations offline

ByEmmanuel DanijiSeptember 24, 20240Comments

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Money

Kenya’s Octavia Carbon Raises $3.9 Million Seed Funding to Scale Direct Air Capture Technology

Understanding the CBN’s New Forex Circular: What It Means for Nigerians

Lesaka Technologies Completes $96 Million Acquisition of Adumo, Expands Market Share in Southern Africa

South Africa’s Tech Sector Gets R300 Million Boost with New Seed Fund of Funds

Achieve Investment App Introduces “Global Tech” Equity Mutual Fund for Ghanaian Investors

Bank of Ghana Introduces “Ghana Gold Coin” to Manage Liquidity and Promote Domestic Investment

Mastercard Introduces New Crypto Debit Card

AI to Revolutionize Sub-Saharan Africa’s Economy with Over $30 Billion Contribution in the Next Decade

Userguest Secures €2.2M Seed Funding to Drive Innovation in Hotel Revenue Optimization

MoneyGram Faces Days-Long Outage Due to Cybersecurity Incident

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