AXIAN Telecom gets $100m to boost connectivity

The digital payment gateway company has recently agreed to buy West African payment platform PayDunya, opening fresh opportunities in Francophone Africa.

Initially, deployment will encompass Jordan, Côte d'Ivoire, Senegal, and the Democratic Republic of the Congo, with the goal of gradually spreading to all countries in the region.

According to the company, her knowledge of technology and fintech makes her a valuable strategic asset in increasing its visibility.

The first phase of the project is scheduled to be operational in 2026.

The regulator raised the alarm after discovering mobile operators were allegedly flagrantly violating laws requiring them to register all SIM cards.

According to a senior Visa executive, digital identities are one way to minimise regulatory red tape for fintech start-up innovation.

The collaboration aims to transform the payment landscape in Senegal, Côte d'Ivoire, and Benin.

By 2025, the partnership will enable millions of Orange Money wallets to accept digital payments, hence increasing financial inclusion in seven countries.

The company promises to provide a single, simple payment solution for cross-border online merchants looking at Africa as their next growth opportunity.

The DBSA provided a loan to the Senegalese government for the development of 45 open digital spaces as part of the Virtual University of Senegal expansion project.

Orange Smart Energies says the platform is now open to energy producers in Africa and the Middle East and it guarantees payment via mobile money.