African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, Adenia Partners (Adenia), a private equity firm investing in Africa, and IFC, a member of the World Bank Group, have partnered to invest US$130mn to support Eastcastle Infrastructure (Eastcastle)
Commerce
Ukheshe Technologies announces boostXB joint venture with ForexPeople
Ukheshe Technologies has established a joint venture with ForexPeople, a move that is set to seamlessly facilitate cross border payments from South Africa into Africa
Carbon teams up with Visa to enable payments across Africa
Carbon, a pan-African fintech company providing access to basic financial services for Africans, has announced a strategic five-year partnership with Visa, a specialist in digital payments, to offer both digital and physical issuance of Visa cards to its customers
NCBA Bank: Investing in technology to offer inclusive financial services
NCBA Bank has adopted an ambitious project with Huawei through its partner MuRong Technology to build a next generation core banking system
Telecel Group ASIP Accelerator selects top 10 start-ups for 2021 cohort
Telecel Group Africa Startup Initiative Programme (ASIP), with Africas top early-stage tech Accelerator, Startupbootcamp Afritech, has selected the 10 tech start-ups that will participate in the inaugural ASIP Accelerator