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Pan-African Fintech NALA Deepens Stablecoin Rails to Speed up Dollar Flows
Partnering with Noah allows NALA to offer global account usage, where companies can collect dollars anywhere in the world and pay out instantly in local currencies, all through licenced, regulated rails, said Fernandes.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mal Closes Record $230 Million Seed Round to Build World’s First AI-Native Islamic Digital Bank
This will be the world's first AI-native Islamic financial platform targeting the world’s 2 billion Muslim population and other underbanked communities.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Nigeria’s Paystack Moves Into Lending as It Acquires Ladder Microfinance Bank
Despite the number of players in Nigeria’s lending market, there’s still a substantial credit gap for small businesses estimated at around ₦13 trillion in unmet financing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Alta Semper Secures USD $57.5 Million from EIB Group and IFC for Growth Fund II to Expand Healthcare Access Across Africa
Alta Semper Growth Fund II focuses on scaling market-leading healthcare and consumer businesses that improve access to affordable, high-quality products and services across Africa and other select growth markets.
- Categories
- Finance, Health Care
- Region
- Sub-Saharan Africa
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Rising Payment Costs Push Uber to Drop Visa in Kenya
Uber confirmed the decision, which took effect in January, in a statement to TechCabal, pointing to a review of payment methods following a jump in global costs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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DEG Provides EUR 30 Million Funding to Africa Go Green Fund to Scale Energy Efficiency and Climate-Friendly Solutions Across Africa
AGG targets the scale-up of commercially viable climate solutions that reduce emissions and improve energy efficiency.
- Region
- Sub-Saharan Africa
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Kenya Licenses 42 New Digital Lenders as It Seeks to Capitalize on Mobile Money
The country has one of the most advanced mobile money ecosystems in emerging markets, providing Kenyans with access to finance that is mobilized for everything from paying medical bills to launching businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, lending
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Climate Fund Managers Approves $86.2 Million Financing for Water Infrastructure in Limpopo
The financing is aimed at helping to mobilize the capital required to launch construction on stages one and two of the sprawling water project.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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