Funding In Western Africa
Nigeria’s Fruit processing startup, ReelFruit, secures US$3mn Series A funding to scale its operations
ReelFruit will also unlock more B2B opportunities including white-labeling and co-packing to support the national drive toward import substitution. Read more
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Fintech startup, Chipper Cash launches in South Africa with free P2P money transfers
Chipper Cash will enable South Africans to enjoy free unlimited instant domestic money transfers, invest in cryptocurrencies, and buy and send airtime and data to loved ones. Read more
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FinTech Finclusion Group Acquires South African Payroll Startup HelloHR
This is part of Finclusion’s strategy to provide holistic financial wellness products via employers, offering HelloHR customers access to the wage-streaming, financial wellness, and insurance products offered by Finclusion. Read more
Co-operative Bank and AGF sign US$6.8mn deal to boost green energy financing in Kenya
The guarantee facility will enable the bank, on the one hand, to strengthen its commitment to financing Micro, Small, and Medium-Sized Enterprises (MSMEs), and promote emerging corporates in Kenya that are involved in green energy and solar installation projects. Read more
