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30-10-2014 23:52:00 | by: Administrator | hits: 29705521 | Tags:

Private sector development in Southern Africa region gets boost with approval of $30 million loan from AfDB
26-06-2022 | 19:03:00
The Board of Directors of the African Development Bank Group approved a $30 million loan to Norsad Capital Limited financing for businesses and to promote private sector development in the Southern Africa Development Community region.
MATTER and AWS launch incubator programme for EMEA healthcare startups entering the U.S.
24-06-2022 | 15:36:11
MATTER, the premier healthcare incubator and innovation hub, has announced the launch of a new incubation program in collaboration with Amazon Web Services (AWS) called AWS Expand.
[Africa Tech Review] Nixon Kanali: African startups are still getting the attention of VCs
23-06-2022 | 14:48:38
This has been another interesting week for tech in Africa with a number of African tech startups across different industries raising funding to scale.
ITC and KOICA to support Ugandan farmers
23-06-2022 | 10:47:22
Over $5 million in funding to support farmers and agribusinesses in Uganda to become climate resilient
46% of SMEs in EEMEA earning more money than before the pandemic, Mastercard report
23-06-2022 | 09:31:00
Data from Mastercard’s 2022 Borderless Payments Report has revealed two in five (46%) small and medium-sized businesses (SMEs) in Eastern Europe, the Middle East and Africa (EEMEA) are earning more money than before the pandemic.
[Kenya] Empower Smart launches solution that supervises spending for dependents
22-06-2022 | 14:59:00
A Supervised Payment is a Digital Escrow Payment sent by a guardian to a dependent with the former setting the parameters of funds usage and the app supervising the actual use of the funds by the dependent.
Yearly funding for Kenyan start-ups to hit Sh100 billion by 2025
22-06-2022 | 14:48:49
In the first three months of 2022, Kenyan Startups raised Sh48 billion venture funding more than the country did in all of 2021 where start-ups raised Sh41 billion.
[Uganda] 1,000 young entrepreneurs to receive start-up boost
21-06-2022 | 21:18:00
ITC and KOSME launch Youth Start-up Academy to improve start-up ecosystem in Uganda, increasing employment and business creation.
Ugandan fintech platform Tugende closes pre-Series B investment round to accelerate growth
21-06-2022 | 10:50:00
Tugende, the East African fintech platform providing asset financing and digital services to small businesses, announced it has raised a pre-Series B investment round led by current shareholder Partech Africa.
Proparco joins forces with Digital Africa to provide financing solutions for African tech startups
21-06-2022 | 10:31:00
As part of its 2022-2025 roadmap, Digital Africa, in partnership with Proparco, will support 200 African startups at different stages of their growth with a wide range of offers at their disposal.
[Column] Patrick Ndegwa: Kenyan start-ups to benefit from digital transformation following Google investment
20-06-2022 | 15:19:00
Announced at the company’s Google for Africa virtual event in October, the investment will assist start-ups and entrepreneurs on their digital journeys and help usher in the next era of connectivity for citizens across the continent.
[Kenya] Insurtech startup mTek secures $3 million funding
20-06-2022 | 13:00:00
On the heels of a recent $1.50 million (KSh 170 million) investment, Kenyan insurtech startup mTek has secured an additional $3 million (KSh 340 million) investment.
Le fonds norvégien destiné au secteur privé démarre ses activités en Côte d’Ivoire
20-06-2022 | 08:37:00
Norfund, le Fonds d’Investissement norvégien dédié au financement du secteur privé dans les pays en développement et déjà actif en Afrique subsaharienne depuis 25 ans, a lancé ses activités en Côte d’Ivoire
[East Africa Business Week] Bob Koigi: South Sudan remains a strategic player in the region’s petroleum industry
17-06-2022 | 16:12:47
Owing to its strategic position at the heart of a wider Nile Basin-East Africa hydrocarbons-rich area, South Sudan is emerging as the hub for petroleum industry services and exploration in the region.
500 Global promotes Amal Dokhan general partner 500 Global MENA
17-06-2022 | 12:07:31
500 Global, a leading U.S.-based venture capital firm, has promoted Amal Dokhan General Partner 500 Global MENA.
[Column] Thato Ntseare: Sharp advice for business start - ups on attracting venture capital investment
16-06-2022 | 14:13:21
I advise any business to have a professional website that is functional, looks professional, offers a certain amount of information, and inspires confidence. You need to make sure your solution looks the part, even if it is not 100 percent perfect.
[Nigeria Business Week] Andrea Ayemoba: Government, Industries move to expand women enterprise
16-06-2022 | 12:49:00
With plunging profits in its prized sector, oil and gas, and an ever-climbing inflation, Nigeria is increasingly turning to what most of the world has been blind to – the potential of women in business.
WhatsApp launches campaign to profle SMEs from across Africa
16-06-2022 | 11:39:41
WhatsApp has announced the launch of the WhatsAppreneurs campaign, profiling small entrepreneurs from Africa who are using the WhatsApp Business app to grow their business and reach more customers.
African fintech Flutterwave appoints former American Express Executive as new CFO
16-06-2022 | 08:15:10
Flutterwave, Africa's leading payments technology company has announced the appointment of Oneal Bhambani as its new Chief Financial Officer (CFO)
[Kenya] Mozilla launches online data privacy and protection course for SMEs and startups
16-06-2022 | 07:39:00
Mozilla has today unveiled a course for SMEs and startups in Kenya to increase their awareness and capabilities on the use and management of data collected in their day-to-day business operations.
Egyptian digital logistics startup Khazenly raises $2.5 million in seed funding to drive product development
15-06-2022 | 17:34:47
Proceeds will be used to develop Khazenly’s products and services, and quadruple its existing facilities. Geographical expansion will also be supported as Khazenly continues its rapid growth trajectory during 2022.
AfricArena partners with FMO to accelerate tech startups in Ghana, Morocco and Tanzania
15-06-2022 | 10:45:00
AfricArena, the African series of tech events, announced a partnership with FMO Ventures Program, the Rise Open Innovation Challenge, which focuses on accelerating the growth of startups looking to improve the state of Africa.
African tech startup funding will double by 2025, research
14-06-2022 | 15:11:00
African business leaders are forecasting a surge in spending on tech start-ups as foreign direct investment and improved internet connectivity helps establish the continent as a tech superpower, new research for blockchain-based mobile network operator World Mobile shows.
BCG Digital Ventures launches new innovation centers in India and Morocco
14-06-2022 | 11:39:00
BCG Digital Ventures (BCGDV), the corporate innovation and business-building arm of Boston Consulting Group (BCG), is opening innovation centers in New Delhi, Mumbai and Casablanca, Morocco.
[Kenya] Fintech startup Power Financial Wellness extends healthcare services to its users in new partnership with Penda Health
13-06-2022 | 15:53:00
The agreement is set to see both companies mutually benefit from their tech services. Power companies and customers will have access to unlimited 24/7 telemedical care provided by Penda Health’s clinicians at an extremely affordable cost.
[Tunisia] Edtech startup GOMYCODE raises $8 Million Series A funding to expand across Africa
13-06-2022 | 12:04:00
Tunisian edtech startup GOMYCODE has raised $8.85 in series A funding, one of the highest African funding this quarter to expand across Africa.
L’edtech tunisienne Gomycode obtient des ressources supplémentaires de l' AfricInvest
13-06-2022 | 11:24:00
AfricInvest codirige un investissement de 8 millions $ au profit de la start-up tunisienne Gomycode
Wevioo & Codelab réunissent créer la centre d’expertise dédié aux technologies low-code en Afrique du Nord
13-06-2022 | 10:04:00
Wevioo a signé un accord de partenariat avec Codelab pour construire le plus grand centre d’expertise en compétence Low-Code d’Afrique du Nord.
Investisseurs & Partenaires (I&P) célèbre ses 20 ans d’activités
13-06-2022 | 09:23:00
À cette occasion, I&P a organisé à Abidjan une rencontre afin de réunir l’ensemble de ses partenaires et entreprises et présenter un aperçu des réalisations en Côte d’Ivoire.
ICIEC signed wide-ranging MoU with Export Bahrain
13-06-2022 | 08:23:15
ICIEC signed a wide-ranging MoU with Export Bahrain to provide export credit and investment insurance and technical services in support of local SMEs
Agro Bibi veut révolutionner l’agriculture grâce à la technologie
09-06-2022 | 14:51:00
Agro Bibi est une startup agroalimentaire qui produit et transforme le cacao en poudre, le chia et autres épices. Elle s’appuie sur la technologie pour partager les informations nécessaires aux agriculteurs en République Démocratique du Congo.
[Africa Tech Review] Nixon Kanali: Digital economy to reach $712 billion by 2050
09-06-2022 | 14:23:27
Africa’s digital economy continues to show massive potential accelerated by strong market fundamentals and the impact of the COVID-19 pandemic.
GreenHouse Capital announces 13 African startups selected for the Microsoft Scale-up Accelerator
09-06-2022 | 13:38:00
The programme is targeted at startups a the pre-series A stage looking to expand into new markets. The selected companies include six male-founded and seven female-founded.
[Nigeria Business Week] Andrea Ayemoba: Banks move into East Africa, telecom pushes NSE profit
09-06-2022 | 12:39:00
The telecom industry this week recorded a peculiar development – the massive registration of Nigerian SIM card holders.
Africa’s technology ecosystem poised for exponential growth, Endeavor Nigeria report
09-06-2022 | 07:48:00
Africa’s technology ecosystem is set for a period of exponential growth, accelerated by strong market fundamentals and the impact of the COVID-19 pandemic. This is according to a new report from Endeavor Nigeria
[Column] Alexandra Fraser: Angel investors plugging the early-stage funding gap in sub-Saharan Africa
08-06-2022 | 16:49:00
To fill the early-stage funding gap, the continent urgently needs more investors.
Nigerian fintech startup Indicina raises $3m seed funding to expand into other African markets
08-06-2022 | 09:30:00
Nigerian fintech startup Indicina announced it has raised $3 million in seed funding round to foster its commitment to the credit value chain. This round was led by Target Global with participation from Greycroft and RV Ventures.
Constant Ventures launches $100m venture capital fund to invest in tech startups across West Africa
07-06-2022 | 09:29:00
Constant Ventures is raising a $100 million venture capital fund to invest across a range of technology startups with a focus on financial inclusion, education and healthcare. Investee companies will initially be located across Nigeria and Ghana.
[Kenya] E-health startup Maisha Meds hits 1000 active facilities, expands to Nigeria
07-06-2022 | 07:19:00
Kenyan digital pharmacy network Maisha Meds has reached 1,000 active facilities, making it one of the largest digital pharmacy networks in sub-Saharan Africa.
Sendy partners with Google to empower MSMEs in Kenya, Nigeria and South Africa
06-06-2022 | 14:07:00
Sendy has entered into a new partnership with Google to empower small and medium businesses in Kenya, South Africa and Nigeria through the Google Hustle Academy Bootcamp program.
Le Groupe Axian investit dans Disruptech Egypt Fund I
06-06-2022 | 12:22:53
Le Groupe Axian investit dans Disruptech Egypt Fund I,un fonds Egyptien qui soutient les start-ups de la fintech.
[South Africa] Ukheshe launches first certification-free tap-on-phone payment solution
06-06-2022 | 10:09:00
Embedded finance enabler Ukheshe Technologies has announced the launch of the very first tap-on-phone payment solution that requires no certifications.
Une ligne de plus de 26 milliards de FCFA ouverte à Afriland First Bank
06-06-2022 | 09:04:00
Afriland First Bank, a signé avec la Société islamique pour le développement du secteur privé (SID), une convention portant ouverture d’une ligne de crédit d’un montant de 40 millions d’euros, soit un peu plus de 26 milliards de FCFA.
Ethiopia’s financial markets receive boost from UK-aid via FSD Africa
06-06-2022 | 08:38:12
The launch of FSD Ethiopia and partnerships with Ethiopia Investments Holding will enhance efforts to deliver beneficial development and financial outcomes for a stronger more resilient national economy.
Ugandan fintech startup Eversend rebrands, announces new features
06-06-2022 | 07:11:00
Eversend, a Ugandan fintech startup providing cross-border money transfers for Africans and Africans in the diaspora has rebranded. The startup has reinforced its commitment to users with an all-inclusive payment platform and a modified look. 
Nigerian EdTech startup Afrilearn attracts UNICEF Innovation Fund
06-06-2022 | 06:58:00
Nigerian EdTech startup Afrilearn has emerged as the only Nigerian startup to join the latest cohort of the UNICEF Venture Fund.
[Kenya] Shared mobility provider Swvl pauses daily operations in Nairobi
06-06-2022 | 06:50:00
Swvl has announced that it is pausing its daily and city to city rides in Kenya.  The mass transit and shared mobility provider has been offering three services in the country, this includes SWVL Daly, City-City and Business-Business.
Binance Labs closes $500m investment fund to boost blockchain, Web3 and value-building technologies
03-06-2022 | 09:54:00
Binance Labs, the venture capital and incubation arm of Binance, announced the closing of $500 million investment fund to invest in projects that can extend the use cases of cryptocurrencies and drive the adoption of Web3 and blockchain technologies.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
02-06-2022 | 13:14:00
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs 
01-06-2022 | 10:10:00
Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in the region.
[South Africa] Edtech startup FoondaMate secures $2 million seed funding
30-05-2022 | 13:33:00
FoondaMate, a South African edtech startup, has secured US$2 million in seed funding to increase usage of its Whatsapp and Facebook-based learning chatbot throughout the globe.
Untapped Global raises $10.3m pre-seed round to build an investment platform for Africa and emerging markets
30-05-2022 | 13:11:00
Untapped Global announced the launch of its public beta platform, which uses real-time data to provide transparency for investors looking to tap into Africa and emerging markets.
[South Africa] On-demand startup ParkUpp secures community basements for car collectors
30-05-2022 | 11:25:00
ParkUpp, a South African marketplace startup that connects owners of parking spaces with companies and individuals who need parking has secured 'collector community basements' in convenient locations across the country.
How African Tech Vision is opening doors for African Female Founders through their virtual mentorship program
30-05-2022 | 09:06:00
The African Tech Vision 10 week virtual mentorship program for female African entrepreneurs has come to an end but the journey for the founders who have undergone a rigorous learning and mentoring experience will continue long after.
IFC partners with NMG and KPMG on the 2022 top 100 SME awards in Kenya
27-05-2022 | 08:51:11
 IFC has partnered with Nation Media Group's Business Daily and KPMG on the upcoming Top 100 SME Awards in Kenya slated for later this year.
[Africa Tech Review] Nixon Kanali: Africa still lagging behind when it comes to Digital Rights and Inclusion
26-05-2022 | 15:37:00
Digital Rights and Inclusion have been an area of concern for most countries across Africa. At the recently-concluded Digital Rights and Inclusion Forum 2022 organized by Paradigm Initiative and a host of country partners across
Nigerian Fintech Startup Grey Partners with Payments Company Cellulant for East Africa Expansion
26-05-2022 | 15:06:00
Nigerian fintech startup Grey has announced the launch of its service to East Africa starting with Kenya in partnership with Cellulant
[Column] Patrick Ndegwa: Continental collaboration - How to take the African tech ecosystem into the future
26-05-2022 | 13:18:00
South Africa and Kenya lead the pack in first and second place respectively when it comes to the state of their tech ecosystems.
[Column] Nick Durrant: Changing the fintech landscape
26-05-2022 | 13:04:00
Modern tech-savvy consumers are opting for financial service providers that can help them better understand their financial position and manage it accordingly across any platform, any time.
Health Platform Esaal Raises $1.7M for Expansion
26-05-2022 | 12:48:00
Esaal, an online health and wellness consultation platform for patients in the Middle East and North Africa (MENA), has wrapped a $1.7 million seed funding round.
[Nigeria Business Week] Andrea Ayemoba: Telecoms slide into banking, Central Bank ups interest rates
26-05-2022 | 12:45:00
The last few days have shown us developments and setbacks, statistics that show growth on the one hand and room for improvement on the other.
IFC partners for growth join forces to support growth-stage companies in emerging markets
25-05-2022 | 10:59:00
IFC and US-based fund manager Partners for Growth are uniting to provide much-needed debt capital to innovative early- to mid-stage companies in emerging markets, with a focus on fintech, software, e-logistics, health, and life sciences firms.
Le japonais AAIC Investment a lancé un second fonds dédié aux start-up en Afrique
23-05-2022 | 12:33:00
Dédié aux HealthTech, le nouveau fonds de ''AAIC Investment'' est ouvert aux souscriptions jusqu'à l’atteinte de son objectif de mobiliser 150 millions $.
CV VC Firm Launches Early-Stage Fund Targeting African Blockchain Startups
23-05-2022 | 11:34:00
Crypto Valley Venture Capital (CV VC) has today announced the launch of its African Blockchain Early-Stage Fund targeting blockchain startups from across Africa. 
Jumia to set up a tech hub in Nairobi, Kenya
23-05-2022 | 10:32:00
Jumia has announced plans to set up a technology hub in Nairobi that will create over 100 jobs. This is contained in the e-commerce firm’s first sustainability report covering 2021.
Orange Corners and AstraZeneca partner to boost youth entrepreneurship in Africa
23-05-2022 | 09:38:00
Orange Corners (OC) and AstraZeneca have announced a new partnership to support the Orange Corners programme in the Palestinian Territories focused on creating an enabling environment for young entrepreneurs.
Afreximbank and FCI tout the merits of factoring for SME financing in Central Africa
22-05-2022 | 19:37:05
Afreximbank and FCI concluded a two-day conference last week in Brazzaville, Republic of Congo, to promote factoring and receivables finance in the Central Africa region.
IFC, Acelera Angola partner to boost startup ecosystem in Angola
20-05-2022 | 10:13:00
To support the growth of Angola's entrepreneurial ecosystem, IFC partnered with Acelera Angola to help the company expand, support innovative tech startups, and drive inclusive economic growth in the country.
Africa is organizing itself from the local level
20-05-2022 | 09:26:00
For the very first time, a matchmaking permanent platform between African local authorities and investors interested in local Africa was launched.
[Africa Tech Review] Nixon Kanali: Africa continues to attract investments from big tech
19-05-2022 | 15:22:00
Oracle this week revealed plans to establish a new branch of Oracle Labs, Oracle's advanced research arm, at Casanearshore Park in Casablanca Morocco.
World Economic Forum announces 100 new Start-ups joining its Technology Pioneers Community
19-05-2022 | 10:13:27
The World Economic Forum welcomes 100 innovative tech firms to its Technology Pioneers community. Full of young and growing tech companies, the 2022 cohort is forging new paths in healthcare, food production and more with cutting-edge technologies.
Naspers Foundry leads R83 million equity round in agritech company Nile
19-05-2022 | 09:33:00
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.
[Kenya] Healthtech startup Zuri Health raises $1.3-million to expand across Africa
19-05-2022 | 08:44:00
Kenyan healthtech startup Zuri Health has raised $1.3-million in funding to expand across Africa. The startup which offers mobile-based healthcare attracted investment from DOB Equity, Launch Africa and Founders Factory Africa.
Pan-African fintech app Bamba raises $3.2m seed funding
19-05-2022 | 08:22:00
Kenyan fintech startup Bamba has secured $3.2m in seed funding to scale its app and build out its team. Venture capital firm 468 Capital led the round.
[Kenya] Innovate Now accelerator announces its fifth cohort of Assistive Technology innovators
19-05-2022 | 08:05:00
Innovate Now, Africa first Assistive Technology (AT) Accelerator has announced its fifth cohort of innovators, ventures providing digital AT or using digital to increase access to AT products or services. 
[Kenya] Fintech startup Hisa joins NVIDIA Inception Programme
19-05-2022 | 07:47:57
Hisa App, a Kenyan mobile investment platform that allows anyone in Kenya to invest in  U.S. stocks and ETFs using mobile money has been selected to join NVIDIA Inception programme.
[Ghana] GEA partners with IE University’s Africa Center to promote women entrepreneurship
18-05-2022 | 08:49:00
GEA and IE Africa Center have announced a partnership to promote the economic empowerment of women in Ghana by focusing on providing leadership and development training for women entrepreneurs. 
[Kenya] Habitat for Humanity launches new ShelterTech accelerator, seeking affordable housing innovations in SSA
16-05-2022 | 15:21:00
Global nonprofit organization Habitat for Humanity has opened applications for the ShelterTech sub-Saharan Africa accelerator program.
[Nigeria] Ventures Platform appoints Dr. Dotun Olowoporoku as New Venture Partner
16-05-2022 | 13:26:00
Less than 6 months after the first close of its $40m fund, pan-African VC firm, Ventures Platform is announcing the appointment of a new Venture Partner - Dr. Dotun Olowoporoku.
Social Enterprise Ghana with Moringa School and Brighter Investment to promote digital skills for jobs
16-05-2022 | 11:46:26
Ghana’s network of high-impact social entrepreneurs and hubs, Social Enterprise Ghana, has signed an Agreement with Moringa School and Brighter Investment to promote training in digital skills amongst the youth that leads to impactful job creation.
[Kenya] Twiga Foods launches new subsidiary focusing on modern and commercial farming
16-05-2022 | 08:07:00
Kenyan B2B E-Commerce startup Twiga Foods today launched a new subsidiary that is focused on modern and commercial farming.
[Nigeria Business Week] Andrea Ayemoba: Digitization set to penetrate capital market, investment
13-05-2022 | 11:52:00
Given the economic situation spreading across the globe in the last couple of years, it is with some optimism we can take the modest increase in Nigeria’s GDP.
Four ways to level up your digital marketing strategies
13-05-2022 | 10:08:00
With more and more businesses moving into the e-commerce space, it's increasingly becoming essential to curve a way for your online business to stand out and thrive among competitors.
[Africa Tech Review] Nixon Kanali: Safaricom’s mobile money service M-Pesa revenue hit Ksh.107.69 Billion
12-05-2022 | 15:53:00
According to Safaricom's Full Year 2021/2022 results released this week, M-Pesa revenue grew by 30.3% to hit Ksh. 107.69 Billion making it one of the biggest contributors to Safaricom's net profits. 
[Kenya] Kibanda owners in Kenya can now sign up with Glovo for free
12-05-2022 | 10:28:00
Glovo has created a Kibanda Bubble where Kibanda owners can sign up for free and start using the platform for orders.
US VC firm Activant Capital opens new office in Cape Town, doubles down on research
12-05-2022 | 08:23:00
Growth equity firm Activant Capital has announced that it is expanding its research and due diligence capabilities with a new office in Cape Town, South Africa. 
Egyptian last-mile delivery firm Mylerz raises $9.6 million to expand logistics solutions in North Africa
11-05-2022 | 16:02:54
Mylerz’s proprietary logistics management technology allows it to deliver e-commerce products to customers in city centers in as fast as same-day delivery.
CE-Creates merges with hatch & boost in MENA's first venture-builder merger for startups
11-05-2022 | 09:20:00
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.
Nigerian healthtech startup 54gene completes initial phase of 100K genome project
10-05-2022 | 12:23:59
54gene, the health technology company advancing African genomics research for improved global health outcomes, has through its non-profit initiative, completed its first consortium-led publication on over 100,000 Nigerians.
[South Africa] Customers twice as likely to recommend buy now pay later than banks, survey
09-05-2022 | 11:31:00
South African customers who have used buy now, pay later to purchase goods would overwhelmingly recommend it as a payment method. his emerged in a survey of over 7,300 customers of BNPL fintech Payflex,
SA startup develops a gold bullion investment you can wear
09-05-2022 | 11:25:00
Gold startup, Nebü Gold is the first African jeweller to give bullion investors the option of wearing elegant 24-karat investment-grade jewellery instead.
[Nigeria] B2B eCommerce platform TradeDepot appoints Chidi Akubuiro as Managing Director for West Africa
09-05-2022 | 11:12:00
TradeDepot, a B2B eCommerce and embedded finance platform in Africa, has appointed former Coca Cola HBC and Hayat Kimya Nigeria Executive, Chidi Akubuiro as its Managing Director for West Africa.
Nigerian mobility startup MAX.ng partners with DLM Capital to transform transportation finance in Africa
09-05-2022 | 10:07:25
Metro Africa Xpress, a mobility platform in Nigeria and West Africa, announced the successful issuance of a ₦400m 1-year fixed-rate notes under its newly structured ₦10bn/$22m Private Company Bond program.
African Development Bank named to the board of World Business Angels Investment Forum
09-05-2022 | 10:07:19
The World Business Angels Investment Forum announced the African Development Bank as its newest Board Member.
Mastercard announces Fintech Express to empower Middle East and Africa fintechs to launch and expand rapidly
09-05-2022 | 10:07:16
Mastercard has launched Fintech Express in the Middle East and Africa (MEA), a program designed to facilitate emerging fintechs’ launch and expansion.
Attijariwafa Bank lance le programme «SUFAWE» en zone CEMAC
09-05-2022 | 10:07:14
Plus de 200 entreprises africaines ont participé, dans la capitale économique camerounaise Doula, au démarrage de ce concept de promotion de la femme entreprenante dans la sous-région Afrique centrale.
ARM launches API service for fintech startups in Nigeria
09-05-2022 | 10:07:10
Nigeria's financial services provider ARM launched ARM Sandbox, a new and more efficient way for fintechs to scale their integration and customer acquisition plans.
FSD Africa Investments commits $4.5m to support MSMEs in sub-Saharan Africa
09-05-2022 | 10:06:10
FSD Africa Investments (FSDAi), the investment arm of FSD Africa, announced a $4.5 million commitment to Funds set up by Lendable, to boost the capacity of alternative financial service providers in sub-Saharan Africa .
AfDB, IFC and Multilateral Development Banks launch first joint report on financing the SDGs
09-05-2022 | 10:05:59
The African Development Bank has joined a group of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) on Thursday in launching a first-ever joint report on financing the Sustainable Development Goals.
PROPARCO supports CRDB Bank's commitment towards MSMES in Tanzania
09-05-2022 | 08:46:00
Through a credit line and portfolio guarantees amounting to a TZS182 billion commitment, Proparco will help boost CRDB Bank’s capacity to support micro, small and medium-sized enterprises (MSMEs) in Tanzania.