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South Africa Fintech Startup Omnisient Raises $7.5 Million Series A Funding for Global Expansion
South African “privacy-by-design” startup Omnisient has raised US$7.5 million in Series A funding to support its expansion across Africa and beyond.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ghana Signs Agreement to Build Small NuScale Nuclear Reactor
The U.S. is looking to promote technologies it considers to be clean energy and sell them to developing countries.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Angolan Sovereign Wealth Fund (FSDEA) Commits Investment to BFA Asset Management’s Kimbo Fund
With a fundamental objective to support the growth of companies led by young people and women, Kimbo Fund aims to contribute to filling value chains, promote job creation, strengthen financial inclusion, and improve access to financing.
- Region
- Sub-Saharan Africa
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Revolutionizing Payments in Kenya: Interswitch and Tuma Launch Tumatap
The system’s core strength lies in its ability to convert everyday smartphones into functional point-of-sale (POS) terminals.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, innovation, partnerships
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China Targets ‘Green Infrastructure’ Deals in $50 Billion Pledge to Africa
The FOCAC summit has seen Beijing unveil a series of major partnerships with African countries in areas including supply chains for key minerals required to develop green technologies including electric vehicles.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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South Africa to Launch its National Astro-Tourism Strategy
South Africa is set to become the first African nation to develop a National Astro-Tourism Strategy, aiming to position the country as a world-class astro-tourism destination.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, tourism
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Ghanaian Fintech Fido Closes $30 Million in Series B Funding Round
Fido is exploring mobile technology and different data sources to provide quick micro-loans to individuals and SMEs who can’t access traditional bank credits.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ampersand Raises $2 Million to Accelerate East African Expansion
This funding round underscores a growing investor appetite for renewable energy and e-mobility in Africa.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, startups
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