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Walmart Doubles-Down on Massmart in African Market Push
Walmart has injected money into Massmart and appointed its own executives to key roles, according to the report.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Development Bank Announces $1 Billion to Boost Access to Climate Finance for Youth Businesses
The additional financing will boost YouthAdapt, a joint initiative between the Bank and the Global Centre on Adaptation.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, MSMEs, youth
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MyZoi Raises $14 Million to Bolster Financial Inclusion Among Low-Income Migrant Workers
myZoi aims to use the funds raised to expand its inclusive and differentiated proposition for the underbanked and their families.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Catalyst Fund Reaches First Close to Back Climate-Tech Startups in Africa
The pan-African fund is targeting pre-seed startups and has already invested in 10 startups from six countries.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Ugandan Fintech Asaak Acquires Flexclub Mexico as It Expands to Latin America
Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America.
- Categories
- Finance, Technology
- Region
- Global
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Amazon to Invest $15 Million in Nature-Based Projects in Asia-Pacific
The company will invest its first $3 million from the fund's APAC allocation to support nature-based projects in India.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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