Mastercard and Scale Join Forces to Empower Fintech Innovation in Africa and Middle East
Mastercard has partnered with Scale to accelerate fintech services in Africa and the Middle East. The collaboration aims to dismantle barriers hindering fintech companies and improve financial inclusion.
Egyptian Fintech Bokra Secures $4.6 Million in Seed Funding Round
Bokra app offers personalized financial and investment planning across various asset classes. Bokra aims to make high-yield and asset-backed investment opportunities accessible to retail investors.
Payfast has Rebranded to Network International
Payfast rebrands to become 'Payfast by Network' and integrates into Network International's payment solutions. Network International aims to introduce new digital payment offerings in South Africa.
Bridging the Web2-Web3 Divide: EMURGO Africa Introduces EMURGO Labs
EMURGO Africa has announced the launch of EMURGO Labs, a dedicated development entity focused on emerging Web3 technologies. EMURGO Labs aims to support the growth of established and nascent Web2 and Web3 organizations across borders.
Amazon Prime to layoff staff and stop producing African content
Amazon Prime is laying off staff and scaling back its local content production in Africa and the Middle East. The streaming platform is restructuring its business model to focus on its European market.
