Africa CEO Voices News - MidWeek 16

• Mastercard partners Equity Bank?

KENYA – Mastercard has announced a strategic collaboration with Equity Bank that will enable Equity Bank customers to send money safely and securely to 30 countries.?.?.?MORE

• Verod invests in fitness chain i-Fitness

NIGERIA – Investment management firm Verod has invested in i-Fitness, West Africa’s largest and fastest-growing fitness chain.?.?.?.?MORE

• Baobab Network acquires Reflector Marketing?

KENYA ?– Baobab Network has announced the acquisition of Reflector Marketing, a strategy and branding agency headquartered in South Africa.?.?.??MORE

• Vodacom, CRDB partner to accelerate smartphone penetration in Tanzania

TANZANIA – Vodacom Tanzania PLC has partnered with CRDB Bank, a Tanzanian financial service provider, to accelerate smartphone penetration and bridge the digital divide in the country.?.?.??MORE

• Microsoft invests US$1.5bn in AI company G42

MEA – UAE-based G42 has raised US$1.5 billion in strategic investment from Microsoft to ?strengthen the collaboration between the two companies by bringing the latest Microsoft AI technologies and skilling initiatives to the UAE?. .?.?MORE

• Pula raises US$20m to expand policy offering

KENYA – Pula has raised US$20 million in a Series B funding round to establish new partnerships as it looks to expand its insurance policies to include livestock insurance.?.?.?.MORE

• Nairobi Gate Industrial Park launches textile park

KENYA – Nairobi Gate Industrial Park, the first Special Economic Zone (SEZ) with a fully consolidated customs-control area in East Africa, has launched a manufacturing and warehouse park for the country’s textile and apparel industry?. . .?MORE

• Yango Delivery launches Cargo Express

AFRICA – Yango Delivery, a logistics platform in Africa, has announced the launch of Cargo Express, a new feature designed to improve the delivery of bulky items across the continent.?.?. ?MORE

• Sprints secures US$3m to expand to 10 new markets

EGYPT – Egyptian Edtech Sprints, a provider of AI-powered education technology (edtech), has secured US$3 million in a bridge funding round to empower its expansion goals. . .?MORE

• RNR ?startup secures funding to grow its team

SOUTH AFRICA – RNR, a South African breakdown management startup, has raised US$640,000 in funding to grow its team and further scale locally and in Southern Africa.?. .??MORE