Yellow Card, the largest and first licensed Stablecoin on/off ramp on the African continent, announced the closing of its Series C financing. The US $33 million equity financing was led by Blockchain Capital, with participation from Polychain Capital, Third Prime Ventures, Castle Island Ventures, Block, Inc., Galaxy Ventures, Blockchain Coinvestors, Hutt Capital, and Winklevoss Capital....
Day: <span>17 October 2024</span>
Post
Post
Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos
African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with...
Post
Verizon named official telecommunications services sponsor for FIFA 2026 World Cup
Fifa has signed a new sponsorship agreement with telecommunications giant Verizon, covering the 2026 World Cup and 2027 Women’s World Cup. This is the first-ever partnership between Fifa and Verizon. Financial terms of the deal have not disclosed, but Sports Business Journal (SBJ) estimates sponsorships of this kind to be between US$75 million and US$100 million. US-based Verizon, which...
Post
NBA App Launches New Digital Features Highlighted by Multiview Ahead of the 2024-25 Season
The NBA today announced the launch of new features available to fans globally on the NBA App – the official home of basketball – for the 2024-25 season, showcasing the league’s dedication to innovation to enhance the fan viewing experience. The new elements are highlighted by multiview now available on connected devices, which gives fans...