Financial Services
-
World Bank Approves US$380m Financial Support To Malawi & Mozambique To Facilitate Trade
MALAWI – The World Bank, through the International Development Association (IDA), has approved US$380 million in financing to support Malawi…
Read More » -
CDG Invest invests US$0.34m in GOAcommerce to expand its offering
MOROCCO – CDG Invest, the investment arm of the CDG Group, has just taken a stake of MAD 3 million (US$0.34m) in…
Read More » -
Egyptian Fintech Startup Kashat Gets Angel Funding
EGYPT – Kashat, a Cairo-based fintech startup which just launched out in 2020, has secured an undisclosed amount of funding from Cairo…
Read More » -
Ovex Raises $4m In Funding
Ovex, a Cape Town, South Africa-based market-focused cryptocurrency exchange platform specializing in over-the-counter (OTC) trading, raised $4m in funding. Quantitative…
Read More » -
South African Fintech Startup, Payflex, Secures New Funding Round
Payflex, a Johannesburg-based payment solutions provider, has received significant international investment from Zip Co, an Australian-listed multinational fintech firm. Payflex CEO…
Read More » -
Family Bank joins forces with USAID to hand out $4.7mn to agribusinesses
Kenyan Financial institution Family Bank and the United States Agency for International Development(USAID), have joined forces to hand out $4.7mn…
Read More » -
Pan-African fintech, Appzone, bags $10mn for growth & operational expansion
Lagos-based, Appzone, a Pan-African fintech software provider that creates proprietary solutions for Africa’s banking and payments industry, has secured $10mn in…
Read More » -
Egyptian Food & Beverage Company, Edita Foods, bags $5.7 mn
Edita Foods Industries, an Egyptian Food & Beverage Company, secured 5.7 mn in debt financing from the National Bank of…
Read More » -
Nigerian fintech company, Xerde, creates a new funding solution for businesses in Africa
Fintech company, Xerde, has unveiled its new application, Tudo, an innovative funding solution for businesses. The new service provides social…
Read More » -
South African Bank FNB, buys fintech startup Selpal, to speed up financial inclusion in local businesses
South African bank FNB has bought Selpal, a local fintech company that operates specifically in townships and rural sectors of the…
Read More »