Cellulant Kenya Picks Faith Nkatha to Lead Kenyan Team
Cellulant Kenya Limited, a leading multinational payment business, has appointed Faith Nkatha Gitonga as its Country Manager for Kenya. Faith, who previously worked for Oracle, is highly regarded as a [...]
Visa Buys a Stake in UK Fintech Global Processing Services (GPS)
The world's top digital payments company, Visa, has taken a stake in leading UK payments issuer processor, Global Processing Services (GPS). The deal gives Visa a minority stake in GPS [...]
World Bank Says Digital Economy is Crucial to Africa's Economic Recovery
The World Bank has said that despite devastation brought about by the global COVID-19 pandemic, many Africa countries have been spared due to their shift to the digital economy. The [...]MasterCard to Leverage on Innovation to Power Digital Economy
The Kenyan Wallstreet team has a chat with Gaurang Shah, Senior Vice President MasterCard Middle East and Africa for Digital Payments and Labs. The conversation zeroed on MasterCard products that [...]Ethio Telecom Receives Greenlight to Launch Mobile Money Services
Ethio telecom is set to launch mobile money services following authorisation from the National Bank of Ethiopia (NBE). Ethio Telecom and NBE have been in negotiations for the past year [...]Google to Pay $1 Billion to News Publishers on Google News Showcase
Search Engine Giant Google has launched a $1 billion initiative to pay news publishers who create content on its new product, the Google News Showcase. The product will first appear [...]
Facebook to Open a New Office in Lagos in 2021
Facebook plans to open a new office in Lagos, Nigeria in the second half of 2021 as part of its investment in the continent. The new office will house the [...]Weekly Deals Digest; Sep 9th Sep 15th
In this week's deals digest, Africa's investment scene leans towards the entertainment industry, welcoming investments to music streaming service Mdundo and Egyptian Esports team Anubis. The emerging markets received investments [...]US Government to Ban WeChat and TikTok Downloads on Sunday, September 20th
The Commerce Department announced plans to ban TikTok and WeChat from the American App stores to safeguard the security interests of the country. Users who had previously downloaded WeChat will [...]Disruptions as NCBA Begins 5-day Systems Upgrade
NCBA is undertaking a core banking system upgrade that will affect all its branches. The upgrade began on Thursday at 18.00 hours and it will end on 21st September at [...]12 Shortlisted for Position of Data Protection Commissioner
The Public Service Commission (PSC) has shortlisted 12 candidates for interviews for the position of Data Protection Commissioner. The Commission received 126 applicants following an advert that was placed in [...]DPO Group CEO Sees More Opportunities For Growth After Landmark Acquisition by Network International
Big news emerged in late July when Nairobi headquartered African Payment Service Provider DPO Group announced it had entered an agreement for a 100% acquisition by Network International. The transaction, [...]
