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Safaricom expanded M-PESA Global to Ethiopia, enabling direct cross-border mobile money transfers between Kenya and Ethiopia.

MTN Nigeria's data revenue rose 49.1% in fiscal 2024, driven by increased subscribers, smartphone use, and data service monetization despite FX and power costs.

African markets closed mixed Thursday, with South Africa rising on gold gains, while Kenya, Namibia, and Ghana showed varied performances amid currency shifts.

South African President Ramaphosa proposed a trade deal to U.S. President Trump amid rising rand and upcoming budget talks.

Nigerian fintech Flutterwave raised $250M in Series D funding led by B Capital Group, valuing the company at over $3 billion.

Kenya Airways will start direct flights from Nairobi to New York JFK five times weekly beginning July 2024.

OPEC+ raised its June crude oil output quota by 188,000 barrels per day after the UAE left the group, aiming to maintain market stability.

Ghana withdrew from $109 million U.S. health aid talks over concerns about privacy and U.S. demands for access to citizens' personal data.

The U.S. committed about $164 billion to the IMF by 2023, enhancing its global lending capacity through leveraged donor contributions.

Nigeria's financial sector discussed fully market-driven currency exchange rates after President Tinubu ended the controlled float system in June 2023.