Pan-African payments company Interswitch has launched a US$10 million ‘ePayment Growth Fund’, and made its first investment in Tunde Kehinde’s tech-driven courier company ACE. Interswitch said the fund is intended to serve as a “catalyst for funding innovation and disruptive business concepts within the payment industry across Africa”. The company is looking to collaborate with […]
Tag: investment
South African Benefit From Oil Price Decline Seen as Temporary
(Bloomberg) — The benefit from the lower oil costs for South Africa’s economy will probably be temporary as the drop hasn’t passed through to wider prices and crude should increase further, Reserve Bank Governor Lesetja Kganyago said. “Average wage settlements are still in the realms of 8 percent,” Kganyago said in a speech to a […]
Tony Blair’s principles for partnerships between African governments and investors
In recent years there has been a shift in the relationship between African economies and the outside world – from one of dependence to one of partnership. Former British Prime Minister, Tony Blair, during his speech at the Investing in African Mining Indaba held in Cape Town last week. This was highlighted by former British […]
30 Most Promising Young Entrepreneurs In Africa 2015
“Young entrepreneurs and those they inspire are the lifeblood of Africa’s rise.” – Tony O. Elumelu , Founder, Tony Elumelu Foundation Africa’s growing crop of young entrepreneurs will transform the continent and rewrite its future. And they are taking charge of that destiny now. Today, a growing number of Africans are building innovative technologies and […]