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Pastel Locks in $5.5 Million Seed Funding Led by TLcom to Optimise African SMEs
80% of Nigeria’s 40 million micro, small and medium enterprises (MSMEs) fail to last beyond their fifth year, owing to a lack of digitisation and sub-optimal business practices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: DFC Disburses $83 Million for Africa Data Centres to Expand ICT Infrastructure in South Africa
This marks the first disbursement of an up to $300 million loan for Africa Data Centres, boosting Information and Communications Technology infrastructure across Africa.
.- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- data, infrastructure, partnerships
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Kenya Is the First Country in Africa to Teach Coding as a School Subject
Kenya’s president, Uhuru Kenyatta, announced coding will be added as a subject in primary and secondary schools.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- cybersecurity, employment
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Nonprofits Launch $100 Million Plan to Support Local Health Workers Mostly in Africa
A new philanthropic project hopes to invest $100 million in 10 countries, mostly in Africa, by 2030 to support 200,000 community health workers.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
-
Visa Announces Grant To Help African Women Grow Their Businesses
Visa has announced a grant from the United Nations Economic Commission for Africa in collaboration with Standard Bank providing funding to the Africa Women Impact Fund.
- Region
- Sub-Saharan Africa
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Tymebank to Acquire Leading Fintech SME Funder, Retail Capital, as It Bolsters Its Business Banking Offering in South Africa
Small business owners to benefit from access to turnover-based finance provided by SME funder Retail Capital.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Central Banks Are Toughening up on Flutterwave Signaling What Other Startups Should Expect
In Ghana, the company’s relationships with banks are being reviewed as part of a surveillance of the financial system.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- governance, remittances, startups
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Press Release: IFC Invests in West African Fund to Boost Growth of SMEs and Women-Led Businesses in the Region
The fund will provide growth capital to the region's small and medium-sized enterprises (SMEs), including women-led businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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