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Business

Egypt Joins Pan-African Payment System to Strengthen Intra-African Trade

Egypt has officially joined the Pan-African Payment and Settlement System (PAPSS), a groundbreaking initiative by the African Export-Import Bank (Afreximbank) aimed at streamlining...

Business

Scale Raises $700,000 Pre-Seed Funding to Revolutionize Africa’s Payments Landscape

Scale, a leading Issuer Orchestration Platform and payments enabler, has successfully secured $700,000 in Pre-Seed funding. The round was led by 54 Collective...

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Telegram Faces New Restrictions and Fines in Russia

Russian authorities have escalated their efforts to control online communication by targeting Telegram, one of the country’s most popular messaging apps. The federal...

Italy’s MPS seeks maximum savings in revamp post-Mediobanca deal

Italy’s Monte dei Paschi di Siena (MPS) is seeking to achieve maximum cost savings as it moves forward with a major restructuring plan...