Flutterwave founder named vice chair of US-Africa Business Center’s board

Wim Vanhelleputte ranks digital transformation as Ethiopia's top national objective and identifies key addressable issues to achieve the goal.

According to the partners, the deal will give more reliable and cost-effective digital transaction options to businesses and consumers across Africa.

Impact investor Goodwell, in collaboration with long-term partner Alitheia Capital, invested through its uMunthu II fund, initiating OmniRetail's Series A fundraising round.

According to the companies, the partnership will drive growth of digital financial services, including mobile money transactions, and cross-border remittances.

MoMo users can now send money to more than 200 million wallets, across 24 African countries.

The Central Bank imposed transactional limitations on electronic currency institutions and required them to classify their clients based on risk assessment.

I&M Bank in Kenya has made the move as the result of customer feedback and a response to the high cost of living.

Brand Finance named MTN as the country’s most valuable brand, followed by rival telco Vodacom.

The awards are aligned to tackling major global and African challenges, with categories such as agri-tech, green-tech, health-tech and fintech.

The telco launched the various packages, including fibre-based connectivity.

The cooperation is set to provide consumers with access to credit for larger ticket items and help retailers improve sales.