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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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Energy Company Sun King Acquires PayGo Energy to Enhance its Clean Cooking Solutions
The company will take a technology-agnostic approach to developing products and services.
- Categories
- Energy, Finance, Technology
- Region
- Global
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Press Release: Capria Announces First Close of its USD 100 Million Global South Fund II
The new fund will focus on investing in 20-25 tech startups in the entrepreneurial hotspots of India, Southeast Asia, Latin America, the Middle East, and Africa.
- Categories
- Investing, Technology
- Region
- Global
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The African Development Bank Secures $525,000 Grant to Strengthen Fintechs in Africa
The Africa Fintech Hub is an online portal that would serve as a one-stop shop for all fintech activities in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ignite Power Acquires Mwezi’s Solar Solutions Portfolio in Africa
Mwezi, a well-known distributor of solar solutions in Kenya, has been a key player in the country's solar energy sector for several years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, scale, solar
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Altech Raises $18 Million to Expand Access to Clean Energy in The DRC
DRC-based Altech Group has secured $18 million in debt financing and grants to expand its solar energy sales and distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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