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IFC, Nimble Group, and South African Lenders launch facility to help resolve distressed assets
To support businesses in debt and lenders that are managing non-performing loan (NPL) portfolios, IFC, asset manager Nimble Group, and South African financial partners launched a facility that will invest in distressed assets in six countries in sub-Saharan Africa, including South Africa.
MTN MoMo lance une compétition d’innovation pour les startups africaines
Mobile Money Corporation annonce le lancement la deuxième édition du MTN MoMo Hackathon au Cameroun.
MTN Group to host its 2nd MoMo API Hackathon
MTN Group’s Mobile Money Application Interface (API) is inviting developers across several markets to participate in an Open API Hackathon, with a challenge to create a mobile application that uses MoMo APIs for use in their markets.
Naspers Foundry leads R83 million equity round in agritech company Nile
Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in Nile, an agritech company that connects farmers to buyers of fresh produce.
[Interview] Claudia Castellanos, CEO, Black Mamba, Eswatini
Claudia Castellanos is the Co-Founder and CEO of Black Mamba, an Eswatini-based brand that manufactures and distributes specialty food products such as chilli sauces, pestos, chutneys and jams among others.
World Bank financing for COVID-19 vaccine rollout in developing countries reaches $2 billion
The World Bank announced it has reached $2 billion in approved financing for the purchase and distribution of COVID-19 vaccines for 17 developing countries.
Enygma Ventures targets Southern Africa women entrepreneurs with funding opportunities
Enygma Ventures, is looking for passionate women entrepreneurs to invest in. The venture capital fund was established by two successful women entrepreneurs who now invest in women entrepreneurs in Southern Africa.