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Press Release: Airtel Africa Launches Its Long-term Sustainability Strategy, Building on Its Corporate Purpose To Transform Lives
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today launched a comprehensive sustainability strategy which sets out its detailed plans to improve the lives of millions of people across Africa.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Second COVID Wave Batters Microfinance, Lenders Positive on Outlook in India
The gross loan portfolio of microfinance companies in India fell in the first quarter of FY22 as demand for credit dropped due to restrictions imposed during the second COVID-19 wave.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Ventures Platform, Hustle Fund Back Nigerian Fintech Brass in $1.7 Million Round
Aside from full-stack financial needs, including credit, small and medium businesses require other essential resources to understand their financial operations. Brass is a Nigerian fintech tackling these challenges by providing banking services to small and medium businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Shifting from Financial Inclusion to Financial Health: Strategic Focus Areas for Providers and Other Stakeholders
In the past decade, 1.2 billion people around the world have obtained a financial account. But according to Nishant Kumar and Sonal Agrawal at Lakshya, this growing financial inclusion isn't leading to similar gains in financial health – and addressing this challenge will require stakeholders to boost engagement on the demand side rather than just maximizing supply-side efficiency. They propose three key strategic focus areas for improving global financial health, and explore how they differ from the approaches taken to boost financial inclusion.
- Categories
- Finance
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Pismo Raises $108 Million Series B Led by Softbank, Amazon and Accel To Enable Cloud-native Financial Services Globally
Pismo, the cloud-native core banking and payments platform, announced the signing of a $108 million Series B fundraising round.
- Categories
- Finance
- Region
- Global
- Tags
- data, fintech, infrastructure, innovation
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Alsoug Raises $5 Million in First Foreign Funding Into Sudanese Tech in 30 Years
While an African country like Nigeria has recorded close to 50 investment deals this year alone, this investment round marks the first foreign venture capital investment into the Sudanese tech ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Asante Closes First Tranche of $7.5 Million Series a Funding to Bridge the Gap in MSMEe Lending in Africa
Asante Financial Services Group announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs, scale
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Mastercard partners with Digital PayGo to drive secure payments for SMEs in Zambia
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises to safely make and receive digital payments through various online channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa