The Daily Brief: Uganda-based Asaak is raising after $1.5M Seed, and more

Uganda-based fintech, Asaak, announced a $1.5 million seed early this year from investors like 500 Startups. But, less than 12 months later, they are raising once again. Mastercard is also making moves across the continent. They just partnered with M-Kopa and Uganda's Centenary Bank. That and more in today's brief.

AWS to open data centers in SA

Amazon Web Services (AWS) today announced it will bring its data centers to South Africa, opening an infrastructure region in SA in the first half of 2020. Full details on IT Web.

MasterCard, M-Kopa & Centenary Bank enter into a partnership

MasterCard, M-Kopa and Uganda’s Centenary Bank have entered into a partnership. This is aimed at enabling M-Kopa’s customers to carry out pay-as-you-go QR transactions. Full details on Digest Africa.

Digital auction platform BidX1 partners Pam Golding Properties to enter the S.A property market

BidX1, a UK and Ireland-based digital auction platform, has signed into a joint venture agreement with Pam Golding Properties, South Africa’s leading property group to launch in South Africa. Full details on TechMoran.

Naspers announces new CXO positions in MultiChoice ahead of listing

Naspers has today announced new positions in MultiChoice ahead of listing it. These constitute the executive leadership team for the newly formed MultiChoice Group. The Group is what was formerly known as Naspers’ Video Entertainment business. Full details on Digest Africa.

After announcing a $1.5M seed round this year, Uganda-based Asaak is raising again

In December last year, Asaak – a Uganda-based mobile SME lender – announced that it had closed a $1.5 million Series Seed. U.S.-based venture capital firm, Resolute Ventures – led the round which closed in November last year. Other notable investors included 500 Startups, Catalyst Fund, HOF Capital, and Social Capital. Full details on Digest Africa.

South Africa is the most cryptocurrency-friendly country in Africa

South Africa is the most cryptocurrency-friendly country in Africa, according to the 2018 World Payments Report by French banking group BNB Paribas and IT company Capgemini. Full details on Bitcoin News.

How Liquid Telecom has been the most active telecom in Africa this year

Founded in 1997, pan-African telecom, Liquid Telecom, has had one of the busiest years ever. From the onset of 2018, the Mauritius domiciled Group has made a couple of major announcements. Find out more on Digest Africa.

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