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Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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Press Release: Flat6Labs Launches $95 Million Seed Fund to Back Early-Stage Startups in Africa
Seed investor and accelerator Flat6Labs, has launched a new $95 million Africa Seed Fund (ASF) to nurture the growth and development of African early-stage tech startups.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- agtech, climate change, edtech, fintech, innovation, startups
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Two African Banks Stake $16 Billion in Oil, Gas Projects
About $16 billion is being invested in oil and gas projects across Africa by the African Export Import Bank (Afreximbank) and the African Finance Corporation (AFC).
- Region
- Sub-Saharan Africa
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Agros Raises US $2.7 Million in Pre-Series A Funding Round
Sustainable agriculture solutions help Asian farmers decarbonize and double their profits, says agritech start-up.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, energy access
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Petrobras (PBR) to Invest $6 Billion in Sustainable Exploration in Latin America
Petrobras has stated that it is awaiting approval from Brazil's environmental authorities to commence exploration in the region.
- Categories
- Energy
- Region
- Latin America
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SESA Launches Capacity Building Programme for Africa
The first course in the programme is now available through the NUA Campus platform.
- Region
- Sub-Saharan Africa
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Press Release: USAID Launches $100 Million Investment to Enhance Water, Sanitation and Hygiene in Kenya
USAID’s investments will increase access to basic or improved water services for 1.6 million people and provide basic or improved sanitation to 1 million people.
- Categories
- WASH
- Region
- Sub-Saharan Africa
- Tags
- hygiene, sanitation, water
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Naspers Shuts Down Foundry, Its $100 Million Fund Focused on South African Startups
According to the report, the firm, which is taking this approach as venture capital takes a hit globally, will maintain the investments.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- failure, startups, venture capital
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