Here’s a rundown of this week’s tech news in Africa, including regional and continental coverage. The top headlines include Facebook’s efforts to protect Zambia’s elections, Converge Partners’ successful close of its fund to drive digital inclusion in Africa, a payments solutions provider gets approval from Tanzania’s central bank and more.
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Convergence Partners closes its third fund at US$120 million to drive digital inclusion in Africa: Convergence Partners has announced the successful first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF) at US$120 million. The private equity investor focused on the technology sector across sub-Saharan Africa is targeting a final raise of US$250 million.
Cellulant Gets Approval from Bank of Tanzania to Become a Payment Solution Service Provider (PSSP): The Bank of Tanzania (BOT) has issued an approval in principle to Cellulant Corporation to operate as a Payment Solution Service Provider in Tanzania having satisfied all the necessary requirements. This approval makes Cellulant one of the top Payment Solution Service Providers (PSSP) in Tanzania endorsed by the BOT to provide digital payments solutions across the nation.
Creditinfo launches SME blended scorecard in Kenya: Credit information and decision analytics provider Creditinfo Group has launched a scorecard solution in Kenya tailored for small to medium-sized enterprises (SMEs). Through its unique approach to data and algorithms, this scorecard will help financial institutions improve their credit assessment and facilitate financing to the SME market, which has typically been less able to access finance.
6 Ways Facebook is Helping Protect Zambia’s 2021 Elections: Facebook says it is working hard to prevent abuse on its services and continues to make unprecedented investments in helping to prevent election interference, fighting misinformation and voter interference, increasing transparency in political advertising and supporting digital literacy and civic engagement.
New corporate accelerator programme launches in Egypt: Raya Customer Experience (RCX), a subsidiary of Raya Holding, has launched its corporate accelerator programme in Cairo, which aims to invest in and work with early-stage startups that offer tech-enabled solutions to address challenges facing the customer care field across all sectors.
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