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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: $40 million EIB Backing for Acre Impact Capital’s Innovative Private Debt Fund in Africa
The fund will support renewable power, health, food and water scarcity; sustainable cities; and green transport in Africa.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Safaricom Gets Approval From Stakeholders to Invest Funds Into Kenya’s Tech Startup Ecosystem
Safaricom’s subsidiaries will focus on seed-stage and growth-stage startups.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- accelerators, startups
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ConfiAbogado Raises USD $1.65 Million to Improve Access to Legal Services in LatAm
The funding for ConfiAbogado represents an opportunity for the digital transformation of the legal sector in Mexico and Latin America.
- Categories
- Technology
- Region
- Latin America
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Bright Raises $35.5 Million Series C Round
Bright provides access to solar energy without bearing the entire infrastructure cost.
- Categories
- Energy, Investing, Technology
- Region
- Latin America
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Kenya Suspends Crypto Project Worldcoin over Safety Concerns
Local media have reported that many Kenyans had signed up for Worldcoin in exchange for free cryptocurrency tokens.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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