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Nigerian Fintech Bets on UK Diaspora With Remittance Push
The MonieWorld service enables money transfers from the UK to Nigeria, the latest in a growing number of remittance products from Africa targeting the $100 billion that flows annually from immigrants in the diaspora to the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Arnergy Raises $18 Million to Scale Solar Lease Plans as Fuel and Grid Costs Soar
The capital injection will be deployed to support Arnergy’s ambitions to install more than 12,000 additional solar energy systems by 2029.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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African Development Bank, AU Partner to Launch $300 Million Innovation Fund for Africa’s Tech Future
"The announcement of the innovation fund comes at a time when African countries are seeking sustainable ways to recover from the economic setbacks caused by the COVID-19 pandemic and ongoing global financial uncertainties."
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
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Verdant Capital Expands Investment in LOLC Africa to $13.5 Million, Boosting MSME Financing Across the Continent
"Recognised as one of the world’s leading microfinance groups, LOLC targets customers at the “bottom of the pyramid” by improving access to financial services and increasing customer deposits across underserved communities."
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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EU Parliament Votes to ‘Stop the Clock’ on Sustainability Reporting
The delay will give the next wave of Corporate Sustainability Reporting Directive companies and the first set of Corporate Sustainability Due Diligence Directive companies until 2028 to comply with the laws.
- Categories
- Energy, Environment, Technology
- Region
- Europe & Eurasia
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Analysis: A Bridge to Better Healthcare: How Digital Inclusion Is Rewriting Healthcare and Saving Lives
Many people, particularly those living in rural and remote regions, experience considerable difficulties accessing timely and high-quality care.
- Categories
- Health Care, Technology
- Region
- Global
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Historic Declaration On Artificial Intelligence Launched At Global AI Summit On Africa To Drive Continental Governance And Innovation
Africa's AI landscape is changing quickly. By 2030, AI is projected to contribute a staggering $2.9 trillion to the African economy.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Beams Fintech Fund Joins Infinity Fincorp’s USD $40 Million Funding Round
With a pan-India presence spanning 127 branches across eight states, Infinity Fincorp claims to have grown its loan book to INR 1,100+ crores as of January 2025.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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