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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
Vyntra Marks 10 Years in East Africa as Banks Step Up Financial Crime Controls
2+ week, 5+ day ago (163+ words) the region and members of the local team. East Africa’s payments market has changed significantly over...Country Manager, Vyntra “Transaction Intelligence in Africa is moving beyond financial crime detection and...
Instarc Secures???1.25 Million to Scale Cloud-Native Compliance Platform in South Africa
1+ week, 4+ day ago (325+ words) platform for financial and accountable institutions in South Africa. The system is designed to be fully scalable and...a strategic investor through the transaction. As South Africa strengthens KYC/CDD requirements under the Financial...Instarc addresses a critical need for…...
ZARU Adds Absa to South African Banking Network to Strengthen Stablecoin Infrastructure
5+ day, 6+ hour ago (192+ words) TechAfrica News ZARU Adds Absa to South African Banking Network to Strengthen Stablecoin...rather than a fix for past vulnerabilities. ZARU, the South African rand-backed stablecoin, has expanded its banking ecosystem by onboarding Absa, one of South Africa’s largest…...
Samsung Wallet Introduces QR Code Payments With Scan to Pay in South Africa
6+ day, 3+ hour ago (239+ words) integrated into Samsung Wallet, giving Galaxy users in South Africa another option for making everyday payments. The...The payment service is supported by Scan to Pay, a South African alternative payments provider. The company...has more than 600,000 acceptance locations across…...
DCSPay Partners With Kotani Pay to Expand Stablecoin Payouts Across Africa
5+ day, 2+ hour ago (183+ words) Nigeria before expanding to Kenya, Ghana, Egypt, South Africa and Tanzania. Together, the two platforms strengthen payment connectivity between Asia and Africa, providing a more direct link between global stablecoin...stablecoin flows with local payment networks across Africa, while giving…...
UnionPay and Standard Bank Expand E-Commerce Acceptance Across Nine African Markets
3+ week, 4+ day ago (289+ words) countries and regions, including 51 countries in Africa, and are issued in 85 countries and regions globally....customer flows, supporting trade and commerce within Africa and beyond. – Bill Blackie, Chief Executive for...reach and usability of our payment network across Africa. Our…...
MTN MoMo Equips 1,225 South Sudanese Entrepreneurs With Digital Finance Skills
2+ week, 6+ day ago (216+ words) financial inclusion and economic development in South Sudan. MTN Fintech also received an Award of Recognition...services in supporting entrepreneurs and expanding access to financial tools across South Sudan....
Edge Growth Launches R350 Million Fund to Back High-Growth African Scale-Ups
2+ week, 5+ day ago (311+ words) extensive track record in venture debt, having launched South Africa’s first dedicated venture debt fund in 2022. The...
Ventures Platform Closes $84m Pan-African Fund II, Surpassing $75m Target
2+ week, 4+ day ago (192+ words) capacity to invest in early-stage startups across Africa, with a focus on companies at the pre-seed, seed...continue identifying promising founders across Africa and provide capital and support as they develop...
Standard Chartered Foundation Launches Women in Tech Accelerator in Egypt
2+ week, 6+ day ago (124+ words) The programme is designed for Women led technology enabled start-ups that have demonstrated market validation and are ready to scale. It will be delivered in Egypt by Entlaq, drawing on its expertise in entrepreneurship support and ecosystem building. – Mohamed Gad,…...