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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: CDC Group Announces $50 Million Trade Finance Facility With Ecobank As Part of Its COVID-19 Response
This marks CDC’s first partnership with EBISA with the commitment aimed at providing systemic liquidity to underserved markets and crucial trade finance support to local banks and businesses across Africa.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chaka Secures $1.5 Million Pre-Seed Round to Power Digital Investments and Wealth Management Opportunities across Africa
Chaka is a technology solutions company on a mission to enable every business and person in Africa to access borderless digital investment and wealth management opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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CreditAccess Grameen Raises $25 Million Debt from Swedfund
CreditAccess, the largest microlender by gross loan portfolio, will use the fund for on-lending to female micro-borrowers.
- Region
- Global
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Analysis: How Decentralized Finance Will Transform Business Financial Services – Especially for SMEs
Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity for SMEs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: India’s Microfinance Sector Hit As Defaults Surge In Pandemic
Small loan specialists in India that typically cater to people without bank accounts are facing a jump in pandemic-related defaults that could force some of them out of business, industry experts warn.
- Categories
- Coronavirus, Finance, Health Care
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Analysis: A Kenyan Home of One’s Own
A mortgage remains a rare and frightening prospect for most Kenyan families, even many wealthier ones, due to the long-term financial implications it poses
- Categories
- Finance
- Region
- Sub-Saharan Africa
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