Daily Digest Monday, 13 September 2021

Funding In Western Africa
Nigeria’s One-click checkout platform, OurPass secures US$1mn pre-seed round from Tekedia Capital
The e-commerce checkout problem is a major challenge when it comes to shopping online both for users and merchants. Read more
Latest News
Ride-hailing startup, DiDi, starts operation in Egypt, a month after South Africa
The entry of the Chinese intelligent transport giant should increase competition in the Egyptian market, especially after the recent entry of the Russian application, InDriver, which limits control of Uber after the acquisition of Careem. Read more

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Ecobank Transnational Incorporated Secures US$75mn Investment From Arise B.V
The AT1 investment follows ETI’s ground-breaking US$350 million subordinated Sustainability Eurobond issued in June 2021 which was very well received by international investors across multiple continents. Read more
Mastercard and Paycode join forces to boost access to financial services in rural areas across Africa
Individuals will have access to both offline and real-time digital finance services regardless of whether they lack a formal identity document such as a passport or birth certificate. Read more