February 20

Nigerian Fintech Mamamoni, Dedicated to Women Empowerment, Receives €250,000 to Expand Agent Network

By Tapiwa Matthew Mutisi

Mamamoni, a Nigerian fintech social enterprise, has secured a €250,000 funding grant from the Challenge For Youth Employment (CFYE). The CFYE is financially supported by the Netherlands Ministry of Foreign Affairs and boasts collaboration with numerous organisations, including SheLeads Africa, ReelFruit, Utiva, Stutern, and Co-Creation Hub in Nigeria. It holds over 30 businesses in its African portfolio.

Photo courtesy of Global Devlab.

Source: Innovation Village (link opens in a new window)

Social Enterprise
fintech, microfinance, skill development, youth