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Wave Raises $137 Million in Debt to Expand Mobile Money Services Across Africa
Wave's mobile-first approach, centred on low fees, has helped bring millions of previously unbanked individuals into the formal financial system.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Adidas Expansion Bets on Nigeria’s Affluent Class
The arrival of the new Adidas store is emblematic of the potential foreign firms see in affluent Nigerians.
- Region
- Sub-Saharan Africa
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WHO, UNICEF Update Country Tracker on Water, Sanitation and Hygiene in Health-Care Facilities, Showing Progress Across 107 Countries
The updated tracker comes ahead of a global webinar on 29 July, hosted by WHO and UNICEF, which will share country experiences and highlight what more is needed to meet the targets set in the 2023 UN Resolution.
- Categories
- Health Care, WASH
- Region
- Global
- Tags
- public health, sanitation, waste, water
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FMO Funds Ugandan E-motorbike Company
FMO has disclosed an approved loan of up to $1 million to Zembo Motorcycles.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Paymenow Bags $22.4 Million to Expand On-Demand Salary Services Across Africa
The funding, structured under a sustainable finance format, is one of the largest institutional bets to date on the earned wages access (EWA) model in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, lending, scale, startups
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The Startups Helping African Countries Capture the Value of Their Mineral Exports
These companies are offering audit trails and compliance platforms, local reagent plants, and data-backed logistics services.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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MTN Nigeria Enters Cloud Race With Completion of First Phase of $235 Million Data Centre
At the heart of MTN’s strategy is a push to democratise cloud access for startups and local developers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: MzN Launches AI “Digital Teammate” to Accelerate Fundraising for Small NGOs
This marks the first in a suite of specialist AI-powered agents built to tackle the most pressing challenges faced by NGOs.
- Categories
- Social Enterprise, Technology
- Region
- Global