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Bfree Attracts $3 Million in Fresh Funding from Verdant Capital Hybrid Fund
The investment will support Bfree’s distressed loan portfolio financing in Africa, thereby improving the credit scores of the distressed borrowers, enabling them the access to credit from financial institutions in the future.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: 60 Decibels Study Finds Loans to Savings Groups Contribute to Stronger Financial Resilience in Africa
Through VisionFund’s Finance Accelerating Savings Group Transformation (FAST) programme, the study has demonstrated that access to capital combined with financial education can help businesses grow.
- Categories
- Agriculture, Energy, Finance
- Region
- Sub-Saharan Africa
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Airtel Money and TCDC Partner to Launch Digital Finance Drive for Tanzanian Farmers
Beyond direct payments, the partnership will facilitate access to affordable smartphones, offering a gateway to the digital economy for many who were previously underserved.
- Categories
- Agriculture, Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Rwanda Launches Innovate4DigiJobs to Boost Youth Opportunities in the Digital Sector
This program is focused on empowering young people in Rwanda with actionable digital skills and facilitating access to meaningful job prospects in the country’s rapidly evolving tech landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Remittance Startup LemFi buys UK Card Issuer
Remittance flows to low- and middle-income countries rose nearly 6% last year to $685 billion, according to a World Bank estimate.
- Categories
- Finance, Technology
- Region
- Global
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Afrocentric Credit Rating Agency to Debut Soon
The decision to establish an AfCRA was to provide fair, transparent and development-focused credit ratings that reflect the realities and potential of African economies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Solving the Last-Mile Puzzle: How Non-Banking Financial Companies are Democratising EV Ownership in India’s Tier II and III Cities
"The real leap in electric mobility won’t happen on highways—it will begin in the heart of India, where NBFCs are helping turn aspirations into access, and vehicles into ventures."
- Categories
- Energy, Finance, Transportation
- Region
- Asia Pacific
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Why Kenya Is Selling Part of Its 34.9% Stake in Safaricom
"The sale could open doors to Africa-focused institutional investors or private equity funds, many actively scouting African telecoms assets for their stable cash flows and strong margins."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
