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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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Power Plays: China’s Changing Energy Financing in Africa
Loans to Africa have been driven by China’s policy banks in support for coal and hydropower, but a more diverse cast of creditors could steer support towards greener ventures.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Cambodia, Malaysia Launch Phase 2 of Cross-Border QR Payment System
According to the NBC, the launch is expected to enhance cross-border payment options, particularly for Malaysians travelling to Cambodia.
- Categories
- Finance, Technology
- Region
- South Asia
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New Fund Sabou Capital to Invest up to $1.5 Million in 25 African SMEs
The fund expects a modest 2-3x return on investment—closer to the 3- 5x range typical of private equity—compared to the high-risk 10x expectations of venture capital.
- Categories
- Energy, Environment, Technology, Transportation
- Region
- Sub-Saharan Africa
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Flutterwave CEO Targets Profitability ‘This Year’
Flutterwave, which has secured investment from Visa and US firm Tiger Global, among others, has built its success on processing payments for clients such as Uber and Nigerian airline Air Peace.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Data Centres Will Use Twice as Much Energy by 2030 — Driven by AI
Data centres accounted for roughly 1.5% of global electricity consumption in 2024.
- Categories
- Energy, Technology
- Region
- Global
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New Report Highlights How the Energy and Agriculture Sectors Working Together Will Enhance Food Security Across Africa
The report Beyond Silos: Strengthening Nexus Collaboration to Power Food Systems with Off-Grid Solar addresses the intertwined nature of energy use, efficiency, sustainability, and productivity of food systems in Africa.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Ex-network International Execs Raise $6.75 Million for Enza, an African Fintech Serving Banks
The fintech, which has raised $6 million in seed funding, is building infrastructure for banks and fintechs, offering a range of local payment solutions, from cards to wallets to real-time payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, infrastructure, MSMEs, scale, startups
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