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Mastercard has agreed to purchase a minority stake in the fintech division of MTN Group, Africa’s largest cell phone provider, which it values at $5.2 billion. The signing of the formal investment agreements will likely occur very soon as both parties near the end of the regular due diligence process; the investment will be closed … Read More “Mastercard to purchase a minority stake in MTN’s $5.2B fintech business” »
Gerry Goldberg’s clients have varying reactions to congressional efforts to remove the limit on deductions for state and local taxes that has been in place for several years. Goldberg, CEO and co-founder of GYL Financial Synergies in West Hartford, Connecticut, works with investors in states with high income and property taxes, such as New York, … Read More “Advisors want Congress to weigh debt reduction vs. SALT deduction” »
Safaricom Foundation celebrates 20 years of transforming lives Safaricom Foundation celebrates 20 years of transforming lives Safaricom Foundation is today marking 20 years since it was officially launched on 14th August 2003. Over the years, the Foundation has invested over KES 5 billion, transforming more than 8 million lives in all 47 Counties. Since its inception, … Read More “Imagine Transforming over 8 Million Lives” »
Engineers and technicians install Europa Clipper’s high-gain antenna in the main clean room at JPL. Credit: NASA/JPL-Caltech NASA’s Europa Clipper is designed to seek out conditions suitable for life on an ice-covered moon of Jupiter. On Aug. 14, the spacecraft received a piece of hardware central to that quest: the massive dish-shaped high-gain antenna. Stretching … Read More “NASA’s Europa probe gets a hotline to Earth” »
In a significant development for African innovation, Knife Capital has successfully concluded the final close of its $50 million African Series B expansion fund, Knife Fund III. The fund’s mission is to bridge a crucial funding gap that hinders the growth trajectory of innovation-driven companies across the continent, providing them with the necessary capital infusion … Read More “Knife Capital: $50m Series B fund triumphs” »
Russia’s central bank sharply raised interest rates at an emergency meeting called after one of the steepest depreciations in emerging markets cast a pall over the economy. Policymakers lifted their benchmark to 12% from 8.5%, the second straight increase and the sharpest since the immediate aftermath of Russia’s invasion of Ukraine almost 18 months ago. … Read More “Russia hikes rates at emergency meeting after rouble’s crash” »
On the 10th of August 2023, the Sterling One Foundation hosted the Africa Social Impact Summit’s inaugural day, themed “Global Vision, Local Action: Repositioning The African Development Ecosystem For Sustainable Outcomes”. The meeting initiated conversations about the pivotal role of collaborations and impactful public-private partnerships (PPPs) in driving swift economic recovery and advancement across Africa. … Read More “#ASIS2023: Public-private partnerships (PPPs) in Africa should be impact-driven” »
by Fintechnews Africa 14 August 2023 Football club Paris Saint-Germain and Yassir, the Super-App offering on-demand and payment services in North Africa announced the signing of a global partnership for three seasons with the aim of further developing the Yassir brand on the international stage. The Yassir online marketplace, which offers transport, delivery, and payment … Read More “Paris Saint-Germain and Algerian Super-App Yassir Sign Global Partnership” »
DALLAS–(BUSINESS WIRE)– Lantern Pharma, Inc. (NASDAQ: LTRN), an artificial intelligence (AI) company developing targeted and transformative cancer therapies using its proprietary RADR® AI and machine learning (ML) platform with multiple clinical-stage drug programs, received a notice of allowance from the United States Patent and Trademark Office (USPTO) covering a method of treatment for Atypical Teratoid Rhabdoid … Read More “Lantern Pharma Receives Notice of US Patent Allowance for Drug Candidate LP-184 for the Treatment of Rare Pediatric Brain Cancer, ATRT” »
