Daily Digest

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

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