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IFC

IFC and Absa Provide Trade Facility to Valency to Support Thousands of Farmers in Africa

IFC, a member of the World Bank Group, and Absa Group Limited, a South Africa based bank, acting through its Corporate and Investment Banking division (Absa), will provide a commodity

Scan to Pay Takes Centre Stage in Spenda’s Fintech Suite

Despite the global move towards digital transacting, 1.4 billion people worldwide remain unbanked. It’s these individuals that payment service providers like Spenda are empowering through the use of innovative payment

Ukheshe Rebrands to EFT Corporation to Lead Fintech Innovation and Banking Beyond Tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s

Omnisient Recognised for Impact on Growing Financial Inclusion in Africa

Omnisient, the global leader in privacy-preserving data collaboration, was recognised at the Africa Bank Summit held in Nairobi this week for the impact it is having on growing financial inclusion

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Forging a New Path Under the Agrimark Banner

In October 2024, Forge stores, operating in KwaZulu-Natal (KZN), are changing to Agrimark, a move which promises exciting opportunities for both customers and communities. This change is part of Agrimark’s

PepsiCo South Africa Partners With Standard Bank Partners on Key Initiatives With a Sustainability-Linked Working Capital Facility

Standard Bank is proud to announce that it has provided PepsiCo South Africa with a sustainability-linked working capital facility to support the company’s renewable energy commitments and support their broader

Redefining the Retail Strategy Through Store Reinvention – Accenture

By Lauren Samaai, senior manager within the Retail business at Accenture, Africa It was just four years ago during the pandemic – with consumers restricted to their homes and mall

Massmart Early Leak Detection Technology Saves Approximately 15 Million Litres of Water in 2023

As the world celebrates World Environment Day, Massmart has shared its ongoing commitment to saving water in its operations. This is motivated by the fact that South Africa is a

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Dairyland Unveils Fresh Look for Ice Cream Tubs

Dairyland, a renowned Kenyan dairy and chocolate brand, has unveiled a fresh new look for its ice cream tubs, offering a blend of innovation and flair.  The transformation, which the
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Sevi Set to Revolutionize African Retail Financing with ‘Stock Now, Pay Later’ Platform

Sevi, a fintech company regulated by the Central Bank of Kenya, is revolutionizing stock financing for wholesalers and retailers through its “stock now, pay later” platform. Sevi addresses the challenge
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Neosun Energy Expands to Kenya Bringing Affordable Solar Power to Local Enterprises

Neosun Energy, a global leader in solar energy solutions, has officially entered the Kenyan market. This expansion aims to provide cost-effective and sustainable energy solutions for commercial and industrial (C&I)
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Jumia

Jumia, the African Online Retailer, Is Set to Exit South Africa and Tunisia.

Jumia, the Africa-focused e-commerce retailer, will close its South African online fashion platform Zando and its Tunisian operations by year-end to concentrate on other markets, the CEO told Reuters. Jumia
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Apaya

Apaya and Telr Join Forces to Boost E-commerce Ecosystem in MENA

Apaya, a commerce automation platform, entered into a strategic partnership with MENA’s online payment gateway Telr to accelerate digital commerce growth in the region. The collaboration will allow merchants to
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Wasoko & MaxAB Complete Landmark Merger

Africa’s Largest Tech Merger Fuels Groundbreaking Expansion From E-Commerce to B2B Digital Services Platform African B2B e-commerce pioneers Wasoko and MaxAB have completed the continent’s largest-ever tech merger following the
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Knowing if Your Data Held by Your Favourite Online Marketplace Is Safe and Secure – Bob Shop

South Africa’s Information Regulator recently revealed that it receives more than 150 monthly data breach notifications – a considerable increase from last year’s average of 56. Hackers are doing the
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Four Business Trends to Navigate the Economic Future – Yoco

Physical retail businesses remain crucial in the South African landscape, catering to the preferences of many customers. However, as eCommerce continues to surge, these businesses will experience challenges competing with
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