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Three Finalists Announced for the $1M Milken-Motsepe Prize in FinTech
The Milken Institute and Motsepe Foundation have announced three finalists for the $1M Milken-Motsepe Prize in FinTech, recognizing innovative financial solutions for small businesses in emerging markets. The winner will be revealed at the 2025 Milken Institute Global Conference.
Orange & Eutelsat Partner to Expand Satellite Internet in Africa & Middle East
Orange Middle East and Africa teams up with Eutelsat to deploy satellite internet across remote regions in Africa and the Middle East, enhancing digital inclusion with high-speed connectivity.
Zelostech Wins DHL’s Fast Forward Challenge for Autonomous Electric Delivery Vehicle
Zelostech’s fully electric autonomous delivery vehicle wins DHL’s Fast Forward Challenge in the Middle East & Africa, advancing urban logistics sustainability. The startup plans expansion into the UAE and GCC after success in China and Singapore.
Ecobank Expands Gender-Financing for Women Entrepreneurs in Africa
Ecobank strengthens its "Ellevate" program to support women entrepreneurs across Africa, offering increased financing, training, and networking opportunities. With expanded access to unsecured loans and business tools, the initiative aims to bridge the gender financing gap.
NymCard Secures $33M in Series B to Expand Embedded Finance in MENA
NymCard raises $33M in Series B funding led by QED Investors, accelerating its fintech expansion across MENA with cutting-edge payment solutions for banks, fintechs, and enterprises.
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.