MFS Africa to acquire BaxiBox.

MFS Africa, the largest pan-African digital payments hub, agreed to acquire BaxiBox, a provider of payment solutions. Financial terms were not disclosed. "This deal is a pivotal step in our journey. By combining Baxi’s network of SMEs operating as agents with our pan-African network, we aim to take Nigeria’s SMEs to the rest of Africa and the world. Our expansion into Nigeria brings us one step closer in our mission of making borders matter less," Dare Okoudjou, MFS Africa Founder and CEO.