Top StoriesZiina raises $850,000 in pre-seed round led by Class 5 GlobalGBO CorrespondentMay 22, 2020 GBO CorrespondentMay 22, 202001431 Ziina is the first fully licenced social peer-to-peer payment application in the UAE
Top StoriesNigeria-based fintech Carbon launches social banking serviceGBO CorrespondentMay 22, 2020 GBO CorrespondentMay 22, 202001713 The keyboard extension allows customers to access its services from within whatever app they are using
Top StoriesEcobank, Google partner to support African SMEsGBO CorrespondentMay 21, 2020 GBO CorrespondentMay 21, 202001549 Ecobank will offer various solutions including Google My Business and Google Ad products for SME customers
Top StoriesMTN Nigeria plans N600 bn investment to improve 4G coverageGBO CorrespondentMay 21, 2020 GBO CorrespondentMay 21, 202001663 The investment will stretch over a period of three years
Top StoriesKenya observes 30.5% households unable to pay rentsGBO CorrespondentMay 20, 2020 GBO CorrespondentMay 20, 202001389 The pandemic has forcibly reduced their income by 52.9 percent, in addition to temporary loss of jobs at 22.4 percent
Top StoriesEtihad let go hundred of employees this month: ReportsGBO CorrespondentMay 20, 2020 GBO CorrespondentMay 20, 202001763 The job cuts are a part of the measures undertaken by the carrier to survive the coronavirus crisis
Top StoriesGCC expects to see fresh round of M&As in banking sectorGBO CorrespondentMay 19, 2020 GBO CorrespondentMay 19, 202001457 This year will see Islamic and conventional banks will shift focus to maintain their asset quality over business expansion
Top StoriesUAE-based fintech Ziina secures $850,000 funding, launches payment appGBO CorrespondentMay 19, 2020 GBO CorrespondentMay 19, 202001922 The funding round for Ziina was led by San Francisco based Class 5 Global with participation from Samih Toukan’s Jabbar Internet Group
Top StoriesOpec Fund launches $100 million trade finance facility in AfricaGBO CorrespondentMay 18, 2020 GBO CorrespondentMay 18, 202001351 Its trade finance facility aims to encourage import and export of strategic commodities and capital goods in Africa
Top StoriesFliqpay launches cryptocurrency payment gateway in AfricaGBO CorrespondentMay 15, 2020 GBO CorrespondentMay 15, 202002518 Its payment gateway will be launched in Nigerian Naira, Kenyan Shillings, Ghanaian Cedis and South African Rand