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Tag: MASTERCARD

Business / Companies / economics

Mastercard’s 2025 Economic Outlook for Kenya: Growth and Resilience Amid Change

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

The Mastercard Economics Institute’s ‘Economic Outlook 2025’ projects a GDP growth of 4.7% for Kenya, alongside a 4% rise in consumer spending and an inflation stabilization at 4.8%. Factors contributing …

Mastercard’s 2025 Economic Outlook for Kenya: Growth and Resilience Amid Change Read More
Companies

African Development Bank’s Initiatives to Connect Farmers to Market Off-Takers

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

The African Development Bank is enhancing the connection between farmers and market off-takers by investing USD 934.51 million in Special Agro-Industrial Processing Zones. The President highlighted ongoing financing challenges for …

African Development Bank’s Initiatives to Connect Farmers to Market Off-Takers Read More
Business / Companies

MTN Group to Expand Fintech Operations and Partner with Mastercard

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

MTN Group will spin off its fintech operations in Nigeria, Ghana, and Uganda to facilitate a $200 million investment from Mastercard. The fintech unit is valued at $5.2 billion, with …

MTN Group to Expand Fintech Operations and Partner with Mastercard Read More
Business / Companies

MTN to Divest Fintech Units in Nigeria, Ghana, Uganda to Facilitate Mastercard Acquisition

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

MTN Group will spin off its fintech operations in Nigeria, Ghana, and Uganda by mid-2025, facilitating a minority stake acquisition by Mastercard. While Uganda and Ghana are progressing well, Nigeria …

MTN to Divest Fintech Units in Nigeria, Ghana, Uganda to Facilitate Mastercard Acquisition Read More
Business / Companies

MTN Announces Spin-Off of Fintech Units for Mastercard Stake Acquisition

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

MTN Group plans to spin off its fintech units in Nigeria, Ghana, and Uganda by mid-2025 to facilitate Mastercard’s minority stake acquisition. This strategic move aims to reorganize their operations …

MTN Announces Spin-Off of Fintech Units for Mastercard Stake Acquisition Read More
Business

MTN Group CEO Highlights Ongoing Concerns Regarding Sudan Situation

March 17, 2025March 17, 2025 - by Carmen Mendez - Leave a Comment

MTN Group’s CEO Ralph Mupita emphasizes serious concerns regarding operations in Sudan, driven by civil conflict. The company reports an 18.5% decline in service revenue related to regulatory issues in …

MTN Group CEO Highlights Ongoing Concerns Regarding Sudan Situation Read More
economics

Mastercard’s 2025 Economic Outlook for South Africa: Key Insights and Projections

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

Mastercard’s 2025 Economic Outlook for South Africa predicts a GDP growth of 1.7% and a 1.9% rise in consumer spending, with inflation easing to 4.2%. Key themes for recovery include …

Mastercard’s 2025 Economic Outlook for South Africa: Key Insights and Projections Read More
Business / Companies / economics

Mastercard’s 2025 Economic Outlook: Nigeria’s Path to Growth Amid Challenges

March 12, 2025March 12, 2025 - by Marcus Chen - Leave a Comment

The Mastercard Economics Institute’s *Economic Outlook 2025* projects Nigeria’s GDP to grow by 2.9%, consumer spending to rise by 6%, and inflation to moderate to 22.1%. Key drivers include remittance …

Mastercard’s 2025 Economic Outlook: Nigeria’s Path to Growth Amid Challenges Read More
Business

Insights from Web Summit Qatar 2025: Fintech Trends and Future Challenges

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

Web Summit Qatar 2025 took place on 23 February in Doha, gathering over 25,000 attendees and renowned speakers to discuss fintech and technology challenges. Notable interviews by Mark Walker featured …

Insights from Web Summit Qatar 2025: Fintech Trends and Future Challenges Read More
Business / economics

Brazil’s Crypto Surge: The Rise of Meme Coins and Best Wallet Token

February 9, 2025February 9, 2025 - by Carmen Mendez - Leave a Comment

Brazil’s crypto market is thriving, with a $90 billion influx and stablecoins dominating. Concerns surrounding taxation persist. The global stablecoin market has surpassed $200 billion, contributing to increasing liquidity. The …

Brazil’s Crypto Surge: The Rise of Meme Coins and Best Wallet Token Read More

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