Inspiring Leadership & Sustainable Business Transformation in Africa
MENA – BitOasis, the cryptocurrency platform for the Middle East & North Africa (MENA) has partnered with Mastercard to launch a series of crypto card programmes in the region that will facilitate day-to-day usage of cryptocurrencies at points of sale and across e-commerce platforms. BitOasis customers will be able to convert their cryptocurrency holdings to fiat currency, allowing the consumer…
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AFRICA – Mastercard, a payment-processing corporation, has partnered with Cellulant, a Pan African payments company, to allow Cellulant customers across Africa to shop and pay online with global merchants wherever Mastercard is accepted. The Mastercard virtual payment solution, linked to Cellulant’s payment gateway – Tingg, can unlock a host of opportunities for consumers, whether they have a bank account or…
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EGYPT – Mastercard, a multinational financial services corporation, has announced a strategic investment in Nclude, a fintech-focused VC investment platform launched in partnership with Egypt’s leading national banks — Banque Misr, National Bank of Egypt and Banque Du Caire. The investment will further boost Egypt’s vibrant fintech ecosystem and support the country’s digital transformation journey. Through investments in potential early-stage and growth-stage…
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SOUTH AFRICA – Mastercard, a technology company in the global payments industry, has collaborated with Google to launch Google Pay in South Africa. Cardholders can conveniently and securely tap to pay with their Android phones or supported Wear OS devices in stores, where contactless is in operation, online and through apps, strengthening digital payment capabilities across South Africa. A secure,…
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RWANDA – Carnegie Mellon University–Africa in Kigali, Rwanda, the only American campus on the entire continent, together with the Rwandan government and the MasterCard Foundation have announced a “transformational” US$275.7 million investment in the institution, and higher education development across Africa. According to a statement from the university, US$175 million of the foundation’s investment will go to expanding engineering and…
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MENA – Mastercard, a multinational financial services corporation, has announced the appointment of Adam Jones as the new Country General Manager of its MENA Central cluster. In his new role, Adam will lead Mastercard’s operations across cluster, taking responsibility for Saudi Arabia, Egypt, Jordan, Lebanon, Bahrain, and Iraq markets. Bolstering Mastercard’s MENA leadership team, Adam will work closely with Maria…
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KENYA – Kasha, the purpose-driven digital retail and distribution platform, has joined Jaza Duka, Mastercard’s micro-credit digital lending platform in Africa. The program, launched in partnership with Unilever and KCB Bank Kenya has now expanded to include an additional 5000 Micro Small and Medium- Enterprises (MSMEs) through Kasha. The program aims to help micro-entrepreneurs overcome cash constraints that limit their…
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NIGERIA – Klasha Inc, a technology company transforming cross-border African commerce, has announced the appointment of Nile Younis as Chief Commercial Officer. The appointment follows Klasha’s recent announcement of a US$4.5 million seed funding round backed by Amex Ventures – its first investment in an African-focused startup – and Global Ventures, a leading MEA-focused venture capital firm. “We are pleased…
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KENYA – Mastercard, a global technology company, has signed a three-year partnership with the Kenya Tourism Board (KTB) which seeks to drive the growth of tourism numbers in Kenya by leveraging various Mastercard channels, including its Priceless.com platform. The collaboration which is the first-of-its-kind for Mastercard in Africa will enable KTB to plan, execute and improve its campaign reports through…
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MENA – Payments technology company Mastercard has partnered with Musafir to take travel bookings originating in the Middle East and North Africa, to new heights. The exclusive partnership will digitize end-to-end payment flows and launch new innovative payment products with attractive travel benefits to both consumers and corporates. According to an analysis by the Mastercard Economics Institute, if flight booking…
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