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Press Release: Financial Inclusion in West Africa Gets a Boost With New $10M Raise by Aella Fintech
For millions of poor and low-income households, entrepreneurs, and nascent businesses in West Africa without access to financial institutions, micro-lending fintechs like Aella provide a broader array of financial products — savings, insurance, payments and specialized loans, focused on lifting many out of poverty. Aella plans to use this funding to scale its lending operations and expand its product base into payments.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Q&A: Jean Case on Swimming With Sharks, Investing and Impact-Washing
Bloomberg recently spoke with Case about impact investing, her personal investing and the work she and husband Steve, former CEO of America Online, have done to encourage a more inclusive startup culture.
- Categories
- Investing
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Trump’s Latest “Visa Ban” Poses a Threat—and an Opportunity—to Nigeria’s Tech Ecosystem
While Nigeria is not the only country affected by the “ban”, it is, by far, the most high profile country affected by what the Trump administration describes as a penalty for unsatisfactory security and information sharing standards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Press Release: Acceso, Formerly CGEP, Announces Its Transition Into a New, Independent Entity to Advance Its Work of Lifting Small Producers out of Poverty Through Market-Driven Social Enterprise
Acceso’s current focus remains building, managing, and scaling agribusinesses in Latin America and the Caribbean to sustainably lift farmers and fishers out of poverty, and identifying opportunities for future replication.
- Source
- Press Release
- Categories
- Agriculture
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Press Release: SunFunder Makes First Investment in Nigeria With Daystar Power
SunFunder, a solar finance company providing debt capital to solar enterprises in emerging markets, today announced its first disbursement in Nigeria, part of a facility of up to $4m with commercial and industrial (C&I) solar developer, Daystar Power.
- Categories
- Energy
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Press Release: Microfinance Provider Esperanza Selects EdApp to Help Educate in the Dominican Republic
Esperanza, in partnership with MoveUp, has announced the deployment of EdApp to transform the way their not-for-profit organisation workforce engages in business training and social support.
- Categories
- Education
- Region
- Latin America
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Mastercard Left Libra Association Over Regulatory and Viability Concerns, Says CEO
Banga said there were no obvious means for the Libra Association to become profitable or make money from its users. "When you don’t understand how money gets made, it gets made in ways you don’t like," he said.
- Categories
- Finance
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Press Release: Mexico Digital Bank Stori Raises $10 Million USD and Launches Inclusive Digital Credit Card
Highly concentrated in the super-prime space, the banking industry has underserved the Mexico mass population. Only about 40% of the nearly 130 million population have bank accounts, and less than 15% of consumers have access to bank provided lending. In addition, most banks have not caught up with the digital transformation and are not able to provide a compellingly simple and good customer experience.
- Categories
- Finance
- Region
- Latin America
