African Development Fund (ADF) have agreed to commit a total package of $8.9 billion to its 2023 to 2025 financing cycle. It is the largest replenishment in the history of the Fund.
According to a new report from TechCabal Insights, Africa's digital economy consultancy, acquisitions have become more common in Africa's tech ecosystem, indicating a maturing market.
UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks and businesses.
Africa
