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Pivo Africa Closes A Year After Securing $2 Million Funding
Pivo Africa, a Nigerian fintech startup, backed by Y-Combinator, has shut down prematurely after launching in 2021 and securing $2M funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund
The fund is the largest of its type since 2018 and one of the five biggest to date, according to Convergence.
- Categories
- Agriculture, Energy, Finance, Investing
- Region
- Global
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India Tops Global Remittance Charts at USD $125 Billion in 2023: World Bank Report
The Indian economy, buoyed by a tight labour market in the United States and robust employment growth in Europe, outperformed previous forecasts.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- employment, migrants, remittances
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Report: Nigeria Increases Financial Inclusion But Still Far from Goal
Nigeria has struggled for nearly a decade to revive an economy hit by flagging crude revenue and an acute dollar shortage.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Fintech Startup M-Kopa Expands West Africa’s Operations, Unlocks $10 Million in Digital Credit
The leading fintech platform expands its operations to Ghana, rapidly growing its reach on the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital inclusion, fintech, lending, scale, startups
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Why Consumer Goods Multinationals Are Fleeing Nigeria
Many of the largest companies in Nigeria, from cement producer Dangote to telecoms leader MTN, reported that the macroeconomic conditions had hit their earnings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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New Jurisdictional REDD+ Technical Assistance Partnership Announced at COP28
JTAP members will work towards unlocking the potential of the rapidly evolving jurisdictional REDD+ marketplace to help tropical forest countries access much needed finance and accelerate large-scale conservation of forests.
- Categories
- Environment, Finance
- Region
- Global
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Africa’s Climate-Aligned Infrastructure Receives $175 Million Pledge
The $175 Million pledge is planned to rapidly scale up financing for transformative climate-aligned infrastructure projects across the continent.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa