Egyptian Fintech Firm Telda secures $20 million in seed funding

Cairo-based fintech startup, Telda, has landed $20 million in seeding funding from several investors including Jack Dorsey, former Twitter Chief Executive Officer, Bloomberg reports. The seed fund will serve the expansion into new markets. Telda also plans to use the money to build its product offering. “In Egypt dealing with money is still a complicated […]

Libya: Algerian FM denies Prime Minister’s hostile comments on Haftar

Algeria’s foreign ministry Wednesday denied Prime Minister’s criticism of Khalifa Haftar whom he said is nothing “compared to the holiness and greatness of Libya as well as to its regional and international significance”. Prime Minister Noureddine Badawi during a meeting with UN-backed Government of National Accord (GNA) interior minister Fathi Pashagha was quoted for tirade […]

Cameroon to re-run local elections in 11 Anglophone constituencies

The Constitutional Council of Cameroon, on Tuesday, ordered a re-run of the local and parliamentary elections in 11 constituencies in the country’s restive English-speaking regions.   The ruling, announced on state broadcaster CRTV on Tuesday evening, follows complaints brought by numerous political parties about the conduct of the polls earlier this month.   They cited, […]