Many African digital-first banks are adopting Oracle Financial Services’ FLEXCUBE Universal Banking platform to transform their processes and deliver a centralised experience for customers
Commerce
Orange invests in pan African Ed Tech and online marketplace
Orange Digital Ventures Africa, the venture arm of telecom company Orange, will invest in an Ethiopian start-up that plans to produce talented African software engineers for telecoms and e-commerce industry
Brady unveils more than 5000 labels for complete electrical panel identification
Brady Corporation has unveiled identification requirements and provided immediate insight in complex panels with professional labels and printers
Nigerian fintech company Aella raises US$10mn from HQ Financial Group
Aella, Nigeria-based fintech start-up, has raised a US$10mn debt financing round from HQ Financial Group (HQF), Singapore-based company specialising in new material science, semiconductor and blockchain financial investments
South Africa needs a rational approach to tech investing, says TechNvst director
A chronic ICT skills shortage, poor macro-economic conditions and tightening corporate budgets are contributing to a tough operating environment for South African startups and top blue chip enterprises alike, according to Miana Naude, director of TechNvst