Absa, Thunes unveil new remittances solution

The new partnership will boost digital cross-border payments between Botswana and  South Africa.

The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.

With profit after tax climbing 55.9% to $731 million and a record fiscal contribution of $984 million, MTN Ghana now ranks as the Group’s third major subsidiary.

TAAT-III is expected to reach an additional 14 million farmers across 37 low-income and vulnerable countries served by the African Development Fund.

The parties want to enhance financial inclusion through policy and upgrades to infrastructure, as well as promote digital payments within government institutions.

The turnaround restores dividends and solidifies Nigeria's status as MTN Group's key market.

This milestone represents a significant step in AXIAN’s fintech strategy and forms part of the group’s broader pan-African ambition to design and scale secure, interoperable and universally accessible digital financial solutions.

As sustainability reporting and budget accountability intensify in Q1, companies are under pressure to demonstrate tangible action rather than intent, says Omane Sokapase, hardware product manager at Kyocera Document Solutions SA.

The telco attributed double-digit growth in mobile data, Orange Money, and broadband services across its 18 African and Middle Eastern markets to group earnings exceeding expectations.

The country’s $24.07 million budget allocation prioritises nationwide connectivity and modernising public digital infrastructure.

The purchase consideration of R1 billion will be settled in cash, comprising R200 million from the Araxi Group's existing cash reserves and R800 million of senior debt already committed.

El Baba will oversee strategy, business development, and local market execution across three countries.