Daily Digest, Friday 26 November 2021
Funding In Western Africa
Nigeria’s B2B Retail Platform, Sabi, Secures US$6mn Bridge Round
However, it enables visibility into these assets from both the demand and supply sides, as well as controls, on a single platform. Read more
Latest News
Ecobank Group raises US$112mn credit facility
The facility affirms joint Ecobank Group and EIB targeted support for business investment across Africa, with particular support for the sectors most impacted by the COVID-19 pandemic. Read more
South Africa’s fintech firm, Crossfin, acquired for $94.3m by ARC
The consortium will also provide Crossfin with acquisition and expansion money to enable it to develop organically and pursue new possibilities across South Africa and Africa, according to the conditions of the agreement. Read more
DriveWealth team with Chipper Cash enable money transfers and cross-border payments for users
DriveWealth’s real-time fractional trading technology and API-based brokerage infrastructure will enable the Ugandan population to gain affordable access to investing in U.S. equities for the first time. Read more