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Technology, Media and Telecoms Industry News for Africa and the Middle East Microsoft Supercharges South Africa’s AI Future with $280M Investment Microsoft has announced plans to spend ZAR 5.4bn by the end of 2027 to expand its cloud and AI infrastructure in South Africa to meet …… Visa Elevates UAE’s Digital Wallets w
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News
TerraPay and Alipay+ Partner to Enable Cross-Border QR Payments for African Wallets
3+ day, 19+ hour ago (422+ words) TerraPay, a global money movement company, and Alipay+, the unified wallet gateway of Ant International, have announced a strategic partnership to enable seamless cross-border QR payments for digital wallet users across Latin America, the Middle East and Africa. Under the…...
DCSPay Partners With Kotani Pay to Expand Stablecoin Payouts Across Africa
4+ day, 21+ hour ago (183+ words) Through the integration with Kotani Pay’s API, regulated exchanges using DCSPay will be able to extend stablecoin-funded payouts into African markets through Kotani Pay’s established local connectivity, without the need to build and manage local payment rails market by market....
Rwanda and Oman Sign Double Taxation Avoidance Agreement to Boost Investment
5+ day, 44+ min ago (185+ words) TechAfrica News Rwanda and Oman Sign Double Taxation Avoidance Agreement to Boost Investment The agreement is expected to support stronger bilateral economic ties by establishing a framework to prevent or reduce the risk of income being taxed in both countries....
ZARU Adds Absa to South African Banking Network to Strengthen Stablecoin Infrastructure
5+ day, 1+ hour ago (192+ words) TechAfrica News ZARU Adds Absa to South African Banking Network to Strengthen Stablecoin Infrastructure The addition of a second major banking partner introduces structural redundancy, designed as a core institutional safeguard rather than a fix for past vulnerabilities. ZARU, the…...
Orange Egypt Advances Three Startups to OSVP 2026 International Stage
5+ day, 23+ hour ago (354+ words) Orange Egypt has announced that three Egyptian startups have qualified for the international stage of the Orange Social Venture Prize (OSVP) 2026 after emerging as winners of the local round of the competition’s 16th edition. The development forms part of Orange Egypt’s…...
Looping Binary Launches LBPay Digital Payment Ecosystem in Cameroon
1+ week, 6+ day ago (154+ words) Cameroon-based technology company Looping Binary has launched LBPay, a digital payments ecosystem designed to simplify and expand access to payment services across Africa. The platform enables users to send and receive money, manage digital wallets and transfer funds across different…...
Smart Africa and Uganda Stakeholders Push Reforms to Boost Digital Entrepreneurship
1+ week, 6+ day ago (230+ words) TechAfrica News Smart Africa and Uganda Stakeholders Push Reforms to Boost Digital Entrepreneurship The workshop, held in Kampala, brought together public institutions, regulators, academia, entrepreneurs, innovation hubs and ecosystem support organisations to review findings from Uganda’s Digital Entrepreneurship and Innovation…...
Ventures Platform Closes $84m Pan-African Fund II, Surpassing $75m Target
2+ week, 3+ day ago (192+ words) African venture capital firm Ventures Platform has announced the final close of its Pan-African Fund II at $84 million, exceeding its initial $75 million fundraising target. The fund will increase Ventures Platform’s capacity to invest in early-stage startups across Africa, with a…...
Moniepoint Exits UK Remittance Market After 14 Months, Refocuses on Africa
2+ week, 4+ day ago (557+ words) Moniepoint is winding down its UK-focused remittance service, MonieWorld, just 14 months after entering the UK-Africa money transfer market, as the Nigerian fintech redirects resources towards its core business operations in Africa. The decision comes amid intense competition in the UK-Nigeria…...
Edge Growth Launches R350 Million Fund to Back High-Growth African Scale-Ups
2+ week, 4+ day ago (311+ words) It will invest in growth-stage businesses, typically at Series A to C funding rounds, that have proven their business models but require flexible growth capital to scale at a time when valuations are evolving. The EIF is aimed at established,…...