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What We Know About the Zimbabwean Gold-Backed Digital Currency
Zimbabwe has launched a gold-backed digital currency. It will be used as legal tender alongside the Zimbabwean dollar.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Digital Finance Firm Nu México Announces Launch of Cuenta Nu in Mexican Market
The launch of a savings account is “a strategic step in Nu México’s plan to offer a complete portfolio of financial services products in the Mexico.
- Categories
- Finance, Technology
- Region
- Latin America
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Nomba, an African Fintech Raises $30 Million Pre-Series B
Nomba (formerly Kudi) has secured $30 million pre-Series B to expand its payment solutions for African businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Asian Development Bank Announces IF-CAP, New Program to Accelerate Billions in Climate Change Financing
The landmark program could significantly ramp up support for the region in the battle against climate change.
- Categories
- Environment, Finance
- Region
- Asia Pacific
- Tags
- climate change, innovation
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Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
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Funding Announced for African E-Commerce and Fintech Initiatives
The African Development Fund and the Smart Africa Alliance have jointly launched a US$1.5 million project to streamline digital trade and e-commerce policies across 10 African countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Energy Company Sun King Acquires PayGo Energy to Enhance its Clean Cooking Solutions
The company will take a technology-agnostic approach to developing products and services.
- Categories
- Energy, Finance, Technology
- Region
- Global
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The African Development Bank Secures $525,000 Grant to Strengthen Fintechs in Africa
The Africa Fintech Hub is an online portal that would serve as a one-stop shop for all fintech activities in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa