Financial
  • February 27, 2019

DRC fintech Startup Contest for $130k Investement

Financial Sector Deepening (FSD) Africa, the Banque Centrale du Congo and Elan RDC have opened applications for a $130,000 fintech challenge in the Democratic Republic of Congo (DRC). Aimed at local startups, DRC – Innovation for Financial Services 2019 is looking to develop the financial services and payment solutions space in the DRC, with six […]

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Financial
  • February 18, 2019

African SME-focused Fund Reach $84.5m

The African SME-focused fund’s total capacity has reached $84.5 million as Impact investment firm Investisseurs & Partenaires (I&P) announced the second closing of its I&P Afrique Entrepreneurs 2 (IPAE 2) fund. Launched in 2002, I&P is committed to contributing to the rise of a sustainable and dynamic private sector in Sub-Saharan Africa. The firm announced […]

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Financial

Retailers to Lose $130bn Globally in Card Related Fraud Over the Next 5 Years

Retailers are set to lose some $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023, according to latest figure Juniper Research. The new study highlighted that increasingly complex approaches by fraudsters, alongside retailers’ intertia in adapting to new fraud prevention requirements, would be key factors behind the increases in fraud transaction value. The […]

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Financial

E-PPAN Begins Fresh Campaign on Cashless Nigeria

THE E-Payment Providers Association of Nigeria E-PPAN is set to embark on a massive national awareness campaign on the cashless Nigeria Initiative as the Central Bank of Nigeria re-introduces the cash processing fees on deposits and withdrawals. The awareness campaign will cut across 30 states of the Federation as the cash processing fees takes effect […]

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