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Fintech TerraPay Secures $100 Million via Series B to Expand Payments Infrastructure
The funding will help TerraPay’s global expansion plans, especially across the LATAM and MENA regions.
- Categories
- Finance
- Region
- Global
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Sao Tome and Principe: African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
Automated Clearing House functionalities will strengthen the clearing and settlement of payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Avanti Finance Secures $24 Million Equity Funding From Rabo Partnerships, IDH Farmfit Fund
The funds will provide support for the company to provide affordable and localised credit products for smallholder farmers in India.
- Categories
- Agriculture, Finance, Investing, Technology
- Region
- Asia Pacific
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Parallex Bank Secures $10 Million Trade Finance Facility From Africa Export Import Bank
This finance is part of Afreximbank’s commitment to supporting the growth and development of financial institutions in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Seven Kenyan Agricultural Companies Receive Over $5 Million From US Agencies to Improve the Sector
Seven growing agricultural companies in Kenya have received a grant of $5.1 million to improve the country’s food insecurity challenges.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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Verod-Kepple Africa Ventures Raises $43 Million for Pan-African Venture Fund
Verod-Kepple Africa Ventures (VKAV) has raised US$43 million for its pan-African venture fund.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- scale, startups, venture capital
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Access Bank, AfriGOpay Partner To Boost Payment Ecosystem
Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System (NIBSS) to launch the first Nigerian national domestic card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The World Bank Is Financing $30 Million for the Management of Classified Forests in Benin
The World Bank is providing new financing to strengthen sustainable forest management in Benin.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
- Tags
- climate change, forests
