Ryan Green, co-founder and chief operating officer at AURA, South Africa’s one of the leading security and medical response platforms, stated that allowing the founding team to play to their strengths has ensured AURA’s quick growth and continued success
Commerce
Consortium of AIIM, Adenia Partners and IFC acquires majority stake in Eastcastle Infrastructure
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)
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