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Careem Pay Expands Money Transfer Service to Egypt
Careem Pay now enables UAE residents to send money to Egypt instantly and at competitive rates. The expansion supports Egyptian expats, especially during Ramadan, offering seamless remittances via the Careem app with lower fees than traditional banks.
Agrilogiq and Locstat Become NEC XON Vendors After Success in JICA NINJA Accelerator
Agrilogiq and Locstat became NEC XON vendors after the JICA NINJA Accelerator, showcasing innovative solutions in agriculture and smart infrastructure. Their Tokyo visit strengthened ties with NEC and investors, paving the way for future collaboration and expansion in Africa.
Khula! Secures R126M in Series A Funding to Drive Agri-Tech Growth in South Africa
Khula! raises R126M in Series A funding, led by E Squared Investments, to expand its agri-tech platform. With support from Absa, AECI, and others, Khula! aims to empower farmers, enhance access to finance, and drive agricultural innovation in South Africa.
Finnfund’s Follow-On Investment in Fibertime Group Expands Digital Inclusion in South Africa with Nokia Technology
Finnfund invests €2M in Fibertime Group to expand fiber internet access in South African townships. Partnering with Nokia, the initiative aims to connect 1.8M homes, bridging the digital divide with affordable, pay-as-you-go broadband solutions for underserved communities.
Ethio Telecom Leads Ethiopia’s Digital Transformation Agenda
Ethiopia's aspirations for a technology-driven economy were brought into sharp focus at an exhibition and workshop held today at the Addis Ababa Science Museum.
SC Ventures and Yabx, invest $10 Million to setup Furaha and expand access to purpose-driven financing in Africa
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V., a company of Tech Mahindra (NSE: TECHM) group, a leading global provider of technology consulting and digital solutions to enterprises across industries, have signed a set of shareholder and technology collaboration agreements to formalise their joint investment in Furaha.