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Amazon to invest USD 1.7 Billion in South Africa
The group published a new economic impact study (EIS) which outlined AWS Africa's projected forecast of investment to construct, operate, and maintain its cloud infrastructure in South Africa.
- Categories
- Investing, Technology
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ZestMoney Set to Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through
According to reports, the fintech company will trim its workforce by around 20% as part of its business continuity and survival plan.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Volante Technologies and HCLtech Collaborated to Enhance Modernisation of Cloud Payments for Financial Institutions
The companies will promote payments modernization to assist financial institutions in keeping up with the industry’s fast-paced digital disruption.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- digital payments
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Emirates Telecommunications Takes $400 Million Majority Stake in Careem’s Super App
According to the details of the agreement, Emirates Telecommunications is investing $400 million to become a majority shareholder in Careem's Super App alongside Uber.
- Categories
- Investing, Technology, Telecommunications
- Region
- Global
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Bank Alfalah Partners with Access Group to Boost Digital Payments Ecosystem in Pakistan
Through the DigitalPass acceptance network of Access Group, the partnership will embed merchants nationwide with Bank Alfalah’s point-of-sale (POS) and e-Commerce ecosystem.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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OPEC Fund Financing Clean Cooking Energy Transition in Madagascar
The grant funding will provide technical assistance support for Madagascar’s National Clean Cooking Transition Programme.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Press Release: UNDP to Support Seven Innovative Financial Solutions for Clean Energy in East Africa
The seven solutions are the winners of the UNDP Climate Aggregation Platform Financial Innovation Challenge which aims to crowdsource innovative financial aggregation solutions for clean energy assets in East Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
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Visa Foundation Commits $5 Million to Support Women Entrepreneurs in Africa
Visa Foundation says it expects to contribute $5 million in grants and impact investments in Africa that will support women’s participation in the digital economy.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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