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IFC and Super App Gozem Have Signed a Partnership Deal Worth $10 Million
Following the signing of a partnership worth $10 million between the International Finance Corporation and Super app Gozem 6,000 moto-taxi drivers in the countries of Benin and Togo will now have access to vehicles financing.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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World Bank Approves $474 Million Loan to South Africa for COVID Vaccines
The World Bank has approved a loan of 454.4 million euros ($474.4 million) to help South Africa fund COVID-19 vaccine purchases, the bank and South Africa's National Treasury said in a statement.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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MFS Africa Extends Its Series C by $100 Million, Bringing Total to $200 Million
Barely one week after the mobile payments fintech announced the acquisition of US-based Global Technology Partners, MFS Africa is announcing the close of a $100 million Series C extension.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Havenhill, Others Get $2.3 Million Grant to Power 245 Public Facilities in Nigeria
For these healthcare facilities to deliver quality and efficient services, access to reliable electricity is important.
- Categories
- Energy, Health Care
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Press Release: TaroWorks Offers $20,000 Grant to Help Last Mile Distributors Scale with Mobile Tech
TaroWorks, the offline mobile field service app, is awarding a $20,000 grant to subsidize the digitization of a nonprofit's last mile distribution operations in vulnerable communities.
- Categories
- Social Enterprise, Technology, Transportation
- Region
- Sub-Saharan Africa
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Airtel Africa, Others Receive Notice to Pay About $180 Million to Congo
The Democratic Republic of Congo has ordered mobile phone firms operating in the African country to pay a charge of almost $180 million every year.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Press Release: Masa Finance Partners with African Fintech Pngme to Provide DeFi Services to Emerging Markets
Silicon Valley DeFi protocol Masa Finance announced today it is partnering with African financial data company Pngme to drive the adoption of DeFi credit services in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How Can Africa’s Energy Sector Attract More Investment?
Attracting institutional investors and pensions funds to Africa’s energy transition remains a challenge in a world in flux. But the problem may be a lack of bankable projects rather than finance.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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