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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Safaricom Gets Approval to Launch M-Pesa in Ethiopia
M-Pesa, the Kenyan mobile money service success story that began in 2007, is continuing its expansion, this time into Ethiopia.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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IFC Announces $40 Million Agreement with Banco Internacional to Support First Private Sector Blue Bond in Ecuador and Latin America
The International Finance Corporation (IFC), a member of the World Bank Group, announced that it has reached an agreement to subscribe up to $40 million in blue bonds.
- Region
- Latin America
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Kiva Refugee Investment Fund Lending $1.5 Million to FINCA Guatemala to Support Returning Migrants
The goal is to expand lending to “Guatemalan migrants returning to their home country and locally based entrepreneurs.”
- Region
- Latin America
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Argentine Fintech Uala to Invest $150 Million on Mexico, Colombia Expansion, CEO Says
Argentina’s fintech unicorn Uala will invest $150 million over the next 18 months to boost its digital banking business.
- Categories
- Finance, Technology
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Egypt: US $400 Million Project Will Help to Improve and Decarbonize Logistics in Transportation
Egypt’s rail system is one of the most extensive in Africa, with a generally heavier focus on its passenger services, and three freight trains per direction per day.
- Categories
- Environment, Finance, Transportation
- Region
- North Africa & Near East
- Tags
- transportation
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U GRO Capital Raises $5 Million in Partnership With Enabling Qapital in India
U GRO Capital, a listed entity that operates a Fintech lending platform for MSMEs (Micro, Small and Medium Enterprises).
- Region
- Asia Pacific
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South African Digital Identity Startup iiDENTIFii Raises Record $15 Million
Cybercrime within the financial sector is a growing threat to Africa. iiDENTIFii will use this investment to fund its expansion across the continent.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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