Ethio Telecom hosts workshop to introduce cloud-based core banking solution

13 June 2025

Ethio Telecom recently conducted a workshop aimed at empowering microfinance institutions and SACCOs across Ethiopia, focusing on the introduction of a new cloud-powered core banking system designed to modernise financial operations at the grassroots level.

The event brought together participants from various microfinance and cooperative institutions to demonstrate how the innovative platform can enhance operational efficiency, service quality, and digital security.

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Axian Telecom acquires 8% stake in Jumia

09 June 2025

Axian Telecom has acquired an 8% ownership stake in Jumia, Africa’s leading e-commerce platform. While specific details of the deal remain limited, Axian emphasized its ongoing dedication to advancing Africa’s digital economy through strategic investments in innovative companies like Jumia.

Supporting its core mission of delivering accessible, innovative, and inclusive digital services across the continent, Axian leverages its brands Yas (mobile) and Mixx by Yas (fintech) to drive digital transformation in various markets. The investment in Jumia aligns with these objectives, positioning Axian to play a significant role in the evolving e-commerce and fintech landscapes.

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TerraPay partners with Wave Mobile Money

02 June 2025

TerraPay has partnered with Senegalese mobile money provider Wave Mobile Money to enable Malians to receive international remittances directly into their mobile wallets.

This collaboration leverages TerraPay’s extensive global payment network, supporting remittance flows from the US, Canada, and Europe through a single, streamlined interface.

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TBH partners with Kotzev Limited to expand into Africa

29 May 2025

The Binary Holdings (TBH), a leading Web3 company valued at $16.9 billion, has announced a strategic partnership with Nigeria-based digital payments platform PreponeBills operated by Kotzev Limited. This collaboration marks TBH’s significant entry into the African market, where Web3 adoption opportunities are rapidly growing.

The partnership aims to integrate Kotzev’s digital payment solutions with TBH’s extensive distribution network, currently reaching over 169 million users globally. This integration will enable consumers to perform secure, efficient, and blockchain-enabled transactions, transforming routine financial activities into opportunities for increased user engagement and loyalty.

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