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World Bank Lines up $300 Million Soft Loan for Kenya Power
The World Bank will provide a $300 million interest-free loan to Kenya Power to help the utility pay debts, revamp its ageing transmission network and expand the national grid.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- lending, renewable energy
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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: IFC Establishes a Presence in Malaysia to Support Green, Resilient and Inclusive Growth
IFC has established a presence in Malaysia to support the country's efforts to foster greater sustainable, resilient, and inclusive economic growth.
- Categories
- Environment, Technology
- Region
- South Asia
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Vitalite Zambia Secures $1.5 Million From EDFI ElectriFI to Support Its Growth
Vitalite is a Solar home System distribution company that was created to increase rural electrification.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Technology Is About to Disrupt the Blue-Collar Workforce in Emerging Markets
While technology may not directly increase wages, it can help workers be more competitive and access new work opportunities.
- Categories
- Technology
- Region
- Asia Pacific
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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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Nigerian Fintech Startup Storspay Raises $320K, Selected for Techstars NYC
Storspay has developed a decentralised retail lending infrastructure platform for the internet.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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