Daily Digest Thursday, 9 September 2021
Funding In Northern Africa
Egyptian fintech startup, MNT-Halan, secures $120mn to scale its operations
Traditional financial institutions are underserving and overlooking more than 70% of Egypt’s young and rapidly increasing population of over 100 million people, despite mobile coverage exceeding 90%. Read more
Funding In Western Africa
Nigerian fintech startup, Prospa, secures $3.8mn in pre-seed investment
Registered businesses on the platform can access account numbers and several other features Prospa provides. They are taken through the process of formalizing their businesses and in addition to providing bank accounts. Read more
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Funding In Eastern Africa
Kenya’s energy company, Solarise Africa, receives $5.9mn debt financing from Trine
In addition to these two Eastern and Southern African countries, the investment will provide solar energy to commercial and industrial customers in Rwanda and Ghana. Read more
Latest News
South African IT firm Accenture acquires creative agency King James Group
The move will strengthen Accenture Interactive’s focus on putting creativity at the center of experience-led transformation to drive relevance and growth for its clients. Read more