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MFS Africa collects $100M to expand its digital payments gateway across the region

TechCrunch

Investor interest in African fintech continues to grab headlines with large fundraises. It recently opened new offices in Abidjan, Kampala, Kinshasa, Nairobi and Lagos while moving its headquarters from Mauritius to London. Today, Africa’s largest digital payments network MFS Africa joins the fray.

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Dispute between founders and board leaves Capiter in arrears to employees and creditors

TechCrunch

Last month, Egyptian B2B e-commerce platform Capiter made headlines after founders Mahmoud Nouh and Ahmed Nouh were ousted by its board as CEO and COO. the holding company initially based in Mauritius and now in Abu Dhabi. In contrast, Capiter Egypt has only two board members: the Nouh brothers.

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