With $2,1bn valuation, Moove is Africa’s latest unicorn

African-founded mobility company and Endeavor entrepreneur Moove has become the continent’s latest unicorn (valued above $1-billion). This follows a $250-million Series C investment, valuing the company at $2,1-billion. Founded in Nigeria in 2020, Moove provides...
Mastercard appoints new regional lead

Mastercard appoints new regional lead

Mastercard today announced that Yasemin Bedir has been appointed president of the company’s Eastern Europe, Middle East and Africa (EEMEA) region, effective 1 September. The company’s EEMEA region was expanded in recent years, bringing additional markets to what is...

Western Cape government partners with FinFind

The Western Cape Government, through its Department of Economic Development and Tourism (DEDAT), has partnered with Finfind to strengthen access to finance for micro, small and medium enterprises (MSMEs) across the province. Finfind is South Africa’s leading online...

SA fintech processes R1bn in travel payments in six months

TurnStay, the South African fintech that helps African travel businesses get paid by international guests, has processed more than R1 billion in transactions so far this year – a milestone reached in just six months, and only three years after the company was...

Ossama Eldeeb is Cisco’s new MD for Africa

Ossama Eldeeb has been appointed as Cisco’s MD for Africa, effective immediately. He will lead Cisco’s commercial operations and investment strategy across Africa, working with the company’s local partner ecosystem. Eldeeb previously served as the regional director...

Neill Nortje appointed new country manager of Paratus Zambia

The pan-African telecommunications group Paratus has appointed Neill Nortje as country manager of Paratus Zambia. He succeeds Marius van Vuuren, who has been appointed by the group as chief operating officer. Before joining Paratus, Nortje held senior positions with...