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Day: October 12, 2025
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COMESA Unveils Digital Payment Platform to Boost Intra-African Trade in Local Currencies
The Common Market for Eastern and Southern Africa (COMESA) has unveiled a new digital payments system that enables businesses to conduct cross-border trade using local currencies rather than relying on the US dollar.
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Cameroon’s REasy Raises $1.8 Million to Make Cross-Border Payments Easier for African Importers
REasy, a trade finance startup based in Cameroon, has raised $1.8 million in pre-seed funding to make it easier for small and mid-sized businesses in Africa to pay international suppliers.
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Inspired Evolution Invests $20 Million in Cold Solutions East Africa
Inspired Evolution, through its Evolution III Fund, has invested $20 million in Cold Solutions East Africa Holdings (CSEAHL), a company that builds and operates temperature-controlled warehouses and logistics facilities across East Africa.