AfricInvest, an investment firm that has backed Moove and PalmPay, has partially exited SIPO Holdings, which owns Centaures, an Ivorian logistics firm.
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Welcome to another week. ☀️
Stablecoins are becoming an important financial infrastructure for African fintechs. In today’s edition, we talk about why businesses are adopting them, Lesotho’s new deal, and Mr Price’s investments in tech and Europe.
Let’s dive in.
In today's edition: Spiro acquires Coexlion || Wasoko co-founder launches new fund || Absa taps former Standard Bank exec || CAK…
Canal+, the new owner of pay-TV giant MultiChoice, will list its shares on the Johannesburg Stock Exchange (JSE) today, June 3.
Yadea, a Chinese e-bike manufacturer, has expanded to Kenya to take on incumbents like Spiro, as adoption race heats up.
CBN gives PoS agents more room to operate, while I&M deepens its Tanzania bet, MCB commits $1 billion to trade finance, and SPAR…
In today's edition: Quick Fire 🔥 with John Eni-ibukun || Yoco acquires Dyner AI || Uber eyes full Delivery Hero takeover || Who…
In today's edition: Quick Fire 🔥 with Babatunde Onadipe || Jumia to cut jobs || Kenya’s 16% VAT now applies to EVs || Who…
