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PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
PayPal will waive $30 million in processing fees for $1 billion in small business transactions as part of a new settlement with the Department of Justice (DOJ)
KSh517 Million Deal to Support Safe Pregnancy in Garissa, Mandera and Wajir
A new USD$4 million (KSh517 million) maternal and newborn health programme has been launched to strengthen healthcare delivery in Garissa, Mandera and Wajir counties, where persistent gaps
Ebola: Washington pumps additional USD 20 million to Burundi, Kenya, Rwanda and South Sudan – The Tanzania Times
Washington has forked out an additional US$20 million in funding to Ebola preparedness efforts in Burundi, Kenya, Rwanda, and South Sudan. The United States funded
Egyptian fintech Blnk secures $37 million to expand consumer lending across underserved markets
The raise includes a $12.5 million Series A equity round led by Algebra Ventures. SANAD Fund for MSME, Endeavor Catalyst and Emirates International Investment
Absa faces major investor backlash after awarding new CEO a $9 million pay package to leave rival Standard Bank
The backlash erupted at the bank’s annual general meeting, where 43.37% of shareholders voted against the implementation report detailing how Absa applied its remuneration
𝐀𝐟𝐫𝐢𝐜𝐚’𝐬 𝐀𝐈 𝐏𝐮𝐬𝐡 𝐑𝐢𝐬𝐤𝐬 𝐋𝐞𝐚𝐯𝐢𝐧𝐠 𝟖𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐏𝐞𝐨𝐩𝐥𝐞 𝐖𝐢𝐭𝐡 𝐃𝐢𝐬𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐁𝐞𝐡𝐢𝐧𝐝. Africa’s rapid shift toward artificial intelligence, digital…
𝐀𝐟𝐫𝐢𝐜𝐚’𝐬 𝐀𝐈 𝐏𝐮𝐬𝐡 𝐑𝐢𝐬𝐤𝐬 𝐋𝐞𝐚𝐯𝐢𝐧𝐠 𝟖𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐏𝐞𝐨𝐩𝐥𝐞 𝐖𝐢𝐭𝐡 𝐃𝐢𝐬𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐁𝐞𝐡𝐢𝐧𝐝. Africa’s rapid shift toward artificial intelligence, digital government services and technology-driven economies risks excluding
Express Kenya plans cash call with sale of 50 million shares
Express Kenya plans to raise additional capital from existing investors by selling 50 million new shares at a price the company says will be disclosed
Italy Unveils €50 Million Africa Investment Plan at GITEX Kenya
Italy has launched its first national pavilion at GITEX Kenya, bringing six startups and SMEs to the Kenyatta International Convention Centre (KICC) as part of
Ruto Boosts Kenyan Creators with Ksh10 Million for Housing & Health Content
Ruto Unveils Ksh10 Million Fund to Empower Kenyan Content Creators & Boost Creative Economy President William Ruto has announced a significant investment in Kenya’s burgeoning
Sonya Massey Shooting Settlement Approved for $10 Million
Sangamon County, Illinois, officials have reached a $10 million settlement with the family of Sonya Massey, a 36-year-old woman fatally shot in her home last