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Bboxx Partners With Jibu to Provide Clean Water Using Iot Technology in Africa
With a heritage in sustainable energy provision, Bboxx has evolved into a super platform, accelerating access to a broader range of essential products and services for millions of people in hard-to-reach areas across Sub-Saharan Africa.
- Categories
- Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Logistics Startup Fez Delivery Secures $1 Million
This funding announcement follows Fez Delivery's acceptance as one of the only two logistics companies in Nigeria to have received investment from Techstars Toronto.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Senegal Cement Giant Secures €242 Million From IFC
The International Finance Corporation (IFC) has provided €242m in financing for Sococim Industries, Senegal's leading cement producer, to build a new production line at its Rufisque cement plant and reduce its carbon footprint.
- Categories
- Energy, Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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Payday Raises $3 Million Seed Funding to Drive Product Expansion
Payday, with over 330,000 users and 40,000 daily transactions, has raised a $3 million Seed round led by Moniepoint Inc., a later-stage financial services holding company.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AFRICA: The Green Climate Fund Commits $240 Million to Climate-Resilient Infrastructure
The Green Climate Fund (GCF) has committed $240 million to the Infrastructure Climate Resilient Funds (ICRF). Launched by the Africa Finance Corporation (AFC), this facility aims to finance climate-resilient infrastructure in Africa.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Credable Secures $2.5 Million Seed to Expand Its Digital Banking Offering Into Africa
Dubai-based fintech group, Credable has raised a $2.5 million seed round led by a pan-African VC fund, Ventures Platform Fund IV LP.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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African Development Bank Decries Inadequate Funding for Female Entrepreneurs With $42 Billion Financing Gap in Africa
The AfDB President, Dr. Akinwumi Adesina made the call during Access Bank’s International Women’s Day Conference held in Lagos, Investors King reports.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
The launch of the virtual card will ensure Tigo’s ability to provide its customers access to products and services previously a preserve of physical credit card holders.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa