-
Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
-
Bfree Attracts $3 Million in Fresh Funding from Verdant Capital Hybrid Fund
The investment will support Bfree’s distressed loan portfolio financing in Africa, thereby improving the credit scores of the distressed borrowers, enabling them the access to credit from financial institutions in the future.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Press Release: 60 Decibels Study Finds Loans to Savings Groups Contribute to Stronger Financial Resilience in Africa
Through VisionFund’s Finance Accelerating Savings Group Transformation (FAST) programme, the study has demonstrated that access to capital combined with financial education can help businesses grow.
- Categories
- Agriculture, Energy, Finance
- Region
- Sub-Saharan Africa
-
dLocal Launches The 2025 Emerging Markets Payments Handbook: The Blueprint to Lead Across the Global South
dLocal’s 2025 Emerging Markets Payments Handbook is the essential guide to the future of payments, combining data-driven insights with local expertise.
- Categories
- Finance, Technology
- Region
- Global
-
Inside the Fall of Okra: How Africa’s Most Promising Open Banking Startup Shut Down at Its Peak
Back in 2020, Okra had all the makings of a breakout African tech story: visionary founders, Silicon Valley backing, explosive revenue growth, and a product that was powering the future of finance on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
MzN Unveils AI “Digital Teammate” to Supercharge Small NGO Fundraising
At its core, the agent is a virtual teammate—able to identify donor opportunities, match funding prospects to organisational strengths, and build tailored fundraising strategies.
- Categories
- Finance
-
Airtel Money and TCDC Partner to Launch Digital Finance Drive for Tanzanian Farmers
Beyond direct payments, the partnership will facilitate access to affordable smartphones, offering a gateway to the digital economy for many who were previously underserved.
- Categories
- Agriculture, Finance, Telecommunications
- Region
- Sub-Saharan Africa
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.