Binance Expands Crypto Access in West and Central Africa with Mobile Money Integration
Binance expands services to Benin, Cameroon, Ivory Coast, DRC, Togo, and Senegal. Users can purchase cryptocurrency via mobile money payments.
Ivorian D2C Startup Lapaire Raises USD 2.9 M
Lapaire raises USD 2.9 million in financing. Funding provided by AfricInvest and Proparco.
Vodacom's Egypt acquisition spurs 29.1% surge in Group service revenue
Vodacom South Africa generated R61.6 billion ($3.36 billion) in service revenue, up 2.6% from the previous year. Vodacom invested R11.1 billion ($606 million) in network resilience, new spectrum assets, and IT platforms.
Emerging Tech and Renewable Energy Brighten Startup Landscape in DR Congo
The DRC secured $62 million in startup funding in 2023, positioning it as the leading contributor to the year-on-year growth of startup funding in the Central Africa region. Ghana has seen a decline in investments, falling to seventh place with $57 million raised in 2023.
Rawbank and Mastercard Debut Virtual Cards in Congo via Illicocash
Mastercard partners with Illicocash to launch a virtual card program in the DRC The program aims to facilitate eCommerce transactions for consumers and businesses
