Nigerian-based fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Founded by consumer internet company Opera, OPay will use the funds to scale up in Nigeria and expand its payments product to Kenya, Ghana and South Africa, the company said in a statement. Incubated by Norwegian-based consumer internet outfit […]
Morocco improved its ranking jumping 7 spots in the World Bank’s 2020 Doing Business report to take the 53rd place amid 190 countries. According to the report, Morocco is the country offering the best business climate in North Africa ahead of Tunisia (78th), Egypt, Mauritania and Libya. Morocco’s closest neighbor, oil-rich Algeria, continued to lag […]
President of the Confederation of African Football (CAF) Ahmad Ahmad, was questioned in Paris by French anti-corruption investigators Thursday but was released without charge in the evening. Ahmad was in France to attend the 69th FIFA Congress which ended on Wednesday. His passport has been handed to him, meaning he is free to travel, […]
