Category: Key developments
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IFC and Solcon Capital Join Forces to Fuel Deep Tech Growth in South Africa
In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.
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US-Based Firm Deel Acquires South African Payroll Startup PaySpace
HR and payroll solutions provider Deel has announced the acquisition of PaySpace, a South African company offering similar services, in a move to strengthen its global footprint.
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Ericsson and MTN Group Partner to Drive Sustainability and Digital Skills in Africa
Leading telecommunications providers Ericsson and MTN Group announced a new partnership focused on advancing sustainability, digital skills development, and education across Africa.
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MTN MoMo and Mastercard Announce Partnership to Expand Mobile Money Services in Africa
MTN MoMo, the mobile money arm of MTN Group, and Mastercard have announced a multi-market partnership aimed at expanding access to digital financial services across Africa.
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IFC Announces 100 Women Entrepreneurs Selected for She Wins Africa Program
The International Finance Corporation (IFC) has unveiled the 100 women-led startup owners chosen to participate in its She Wins Africa program.
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Africa’s Digital Commerce Projected to Reach $72 Billion by 2026 – EBANX Report
Africa is experiencing a surge in online consumerism, becoming a key player in the global digital commerce landscape, according to a new report by EBANX, a global fintech company.
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Teraco to Invest $106 Million in South Africa’s Largest Private 120MW Solar Plant for Data Centers
Teraco, a leading African provider of carrier-neutral colocation data centers, has announced plans to build a 120-megawatt (MW) utility-scale solar photovoltaic (PV) power plant in South Africa’s Free State province.
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Gebeya Transforms: From EdTech Startup to All-in-One Talent Cloud Provider
Gebeya, a pioneer in African tech talent development, has announced a significant shift in its focus, transitioning from a SaaS-enabled tech talent marketplace to an all-in-one talent cloud provider.
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Mastercard and Glovo Partner to Launch School Feeding Program in Kenya and Nigeria
Mastercard and Glovo, a leading app connecting users with diverse services, have joined forces to combat hunger and support education in underserved communities across Kenya and Nigeria.