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OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa
OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region.
- Categories
- Finance
- Region
- Global
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Pan-African Fintech App, Bamba Lands $3.2 Million Seed Funding
Through an android application, Bamba allows micro-merchants across Africa to run their entire business utilising their phones. Funds will be used to scale the platform.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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U.S. Imports of Latin America Oil Soar as Refiners Replace Russian Barrels
U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies.
- Categories
- Energy
- Region
- Latin America
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Brazil’s Odata Invests Close to US$80 Million in First Mexican Hyperscale Datacenter
Brazilian datacenter firm Odata has opened its first Mexican hyperscale datacenter after an investment of 388mn reais (US$79mn).
- Categories
- Technology
- Region
- Latin America
- Tags
- big data, data, funding, impact investing, investment, technology
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Indonesian FinTech Firm Xendit Raises $300 Million Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy.
- Categories
- Finance, Technology
- Region
- South Asia
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London-Based Lightrock Looks to Fuel Latin American Growth With New $300 Million Fund
London private equity firm Lightrock unveiled a fresh $300m Latin America fund today as it looks to spur growth in ‘purpose-driven’ entrepreneurs across the region.
- Categories
- Entrepreneurship, Investing
- Region
- Latin America
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Syringe Maker ApiJect Reels in $111 Million in Private Investment Round
ApiJect’s system was invented by Marc Koska, a social entrepreneur who worked for decades in developing countries to prevent deaths from the reuse of contaminated needles.
- Categories
- Finance
- Region
- Global
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Bboxx, Secures $15 Million Funding from InfraCo Africa for Sub-Saharan Africa Solar Expansion
Investment company, InfraCo Africa, is injecting new funding into United Kingdom-based Bboxx, the solar home system company, it has emerged.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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News Via @dadabenblog (link opens in a new window): Pan-African #Fintech (link opens in a new window) App, #Bamba (link opens in a new window) Lands $3.2 Million Seed Funding: https://t.co/l60DckIUeT (link opens in a new window)… https://t.co/CYK30pVFaE (link opens in a new window) -
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