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Partech Ventures introduces EUR57m African fund

Partech Africa intends to focus on early stage growth funding, providing deals ranging from €500 000 million to €5 million.

Conference on modernising national and regional payment infrastructures


Raivis Joksts, digital retail payments professional, Tieto, will present at the ITWeb Modernising National and Regional Payment Infrastructures Event in March 2018.

Crypto-currency trading site launches in SA

Coindirect goes live in the country ahead of its global rollout sometime this year.

WEF tackles financial inclusion

The World Economic Forum's new financial inclusion metrics will help the world's unbanked access digital payments, savings accounts and loans.

MTN wants to be Africa's biggest bank


Africa's biggest mobile operator wants to build Mobile Money into a 60 million customer business in the next three to four years, says CEO Rob Shuter.

Bitcoin funds raise 'investor protection issues'


The US securities regulator yesterday raised concerns about the safety of Bitcoin-themed investments.

IBM returns to growth after six years


Revenue rose for the first time in 23 quarters, but IBM warns that a higher tax rate this year will eat into its profit.

Adapt IT predicts earnings growth


The JSE-listed group expects interim headline earnings per share to be between 20% and 25% higher than a year ago.

Apple to pay $38bn in foreign cash taxes


As it outlines its one-time tax payments, Apple says it plans to open a new campus as part of a five-year, $30 billion investment plan in the US.

Cyber security start-ups fall on harder times

Only a handful of cyber security start-ups have successfully sold themselves or floated in the stock market in recent years.

Avaya trades again after bankruptcy


The enterprise telecommunications provider returned to the NYSE yesterday, the first time it has been public in more than a decade.

Global IT spending to reach $3.7tn in 2018


Businesses will continue to invest in IT as they anticipate revenue growth, but their spending patterns will shift.

Veeam acquires N2WS for $42.5m

The backup and disaster recovery firm kicks off 2018 with its first major acquisition in line with accelerating its cloud business.