Financial Services
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Proparco and BMCI agrees to fund Arma, to assist the company’s sanitation and waste management program in Casablanca
French investor Proparco and Morrocan Bank BMCI have agreed to fund the sanitation and waste management program of Arma Casablanca.…
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Enygma Ventures to invest in Southern Africa women entrepreneurs
Enygma Ventures has announced an open call for women entrepreneurs in Southern Africa as the US venture capital (VC) fund aims…
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Africa-focused Investor Sunfunder Raises $140m Funding For Off-grid Energy Companies
Even though the coronavirus ravaged the world for a greater part of last year, SunFunder, the Kenya-based venture capital company offering…
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Rwandan mobile payment volumes rise 206% last year
Buoyed by the lockdown, the value of mobile payment volumes in Rwanda increased by 206 percent in 2020 to Rwf 7.177 billion…
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Private equity investment Hlayisani Growth Fund, secures R350mn funding
Hlayisani Capital, a pre-eminent African private equity investment, has secured R350-million in funding led by Standard Bank and prominent South African…
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Cloud-based Banking Startup bancX Secures Funding
bancX, a Johannesburg-based cloud platform has secured an undisclosed amount of funding from Capitec-backed investment firm Imvelo Ventures which will…
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Nigerian-Based fintech FairMoney, to launch its operations in India after recording success
Nigerian-based fintech, FairMoney is geared towards replicating its Nigerian achievements in India. The company is buoyed against the backdrop of…
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South African fintech VerPay, establishes a new payment solution
South African fintech VerPay has created an innovative payment solution for local businesses. The new offering merges telephonic interaction with its innovative…
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After recording success in Rwanda, Fintech Bank’Up, a buy-now-pay-later startup has extended to Cameroon
Buying things on credit to pay later? Then shop with Fintech Bank’Up if you are in Cameroon. The startup founded…
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Japanese VC Company Uncovered Fund Is Targeting US$15mn Investment In Seed & Series A Stage African Startups
Uncovered Fund, a Tokyo-based, venture capital fund targeting early and seed stage startups in Africa has launched with a targeted…
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