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Nigerian Fintech Mamamoni, Dedicated to Women Empowerment, Receives €250,000 to Expand Agent Network
The investment is particularly aimed towards expanding its network of female agents, a task in which the VFD Microfinance Bank will provide assistance.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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Catalyst Fund Invests $1.8 Million in Nine African Climate Startups
Notable investors include FSD Africa, FSDAi, Cisco Foundation, USAID Prosper Africa, and Andrew Bredenkamp.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, startups
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Ghanaian Talent Startup Remoteli Raises £250,000 from Footballer Jeremie Frimpong
Remoteli is a Ghana-based tech talent startup that connects African tech talents with remote workplace services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- employment, startups
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ROAM Secures $24 Million in Series a Funding to Expand Electric Motorcycle and Bus Production
Aside from fully-electric transit buses, ROAM currently operates East Africa’s largest electric motorcycle plant.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Kenyan Music Distribution Platform Mdundo Projects Unprecedented $1.5 Million Artist Payout
Mdundo has become Africa's leading pan-African music service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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ITFC, Asia Alliance Bank Ink $10 Million Deal to Boost Private Sector in Uzbekistan
According to a statement by ITFC, this line of funding will specifically address import and pre-export requirements for private sector clients, including SMEs, in Uzbekistan.
- Categories
- Investing
- Region
- Europe & Eurasia
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Plans to Set up a New Data Centre in Kenya
Airtel Africa aims to reduce data management costs and enhance the accessibility of digital services by constructing local data centres, thereby encouraging innovation and supporting Africa’s emerging tech talents.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, digital inclusion, startups
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