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Norrsken22 Invests $205 Million in Africa’s Growing Fintech Sector
Lexi Novitske expects a rebound beyond pre-2020 levels despite a dip in 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Taking Stock of India’s Fintech Landscape: A Venture Capital Firm Shares Six Insights from One of the World’s Most Vibrant Investment Markets
The global team at Quona Capital — a venture capital firm focused on inclusive fintech — recently concluded a visit to India, during which they immersed themselves in the local fintech ecosystem. Michel Zaidler at Quona shares six insights they gathered from several of their Indian portfolio companies, and from these companies' customers and other fintech thought leaders. He highlights some of the groundbreaking business models these fintechs are using, and explains why the Indian market offers unique opportunities to investors.
- Categories
- Agriculture, Finance, Investing, Technology
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M-KOPA, Bolt Join Kenya’s EV Push To Put 5,000 E-Bikes On The Road
M-KOPA, a prominent African fintech platform offering asset finance has joined forces with Bolt, one of the main players in on-demand mobility in Africa, to launch an electric bike fleet in Kenya.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, fintech, partnerships
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Africa’s Top Fintech Player Is Getting Ready for an IPO
Flutterwave, the Nigeria-based digital payments company and Africa’s most valuable startup, has made changes to its corporate team as part of moves aimed at preparing for an initial public offering.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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MTN and Investec Partner to Bring PayShap to Mobile Money, Driving Financial Inclusion in South Africa
The partnership represents a major breakthrough in expanding financial services to South Africa’s unbanked population.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans
The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Reshaping Africa’s Food Systems: Three Opportunities to Drive Sustainable, Inclusive and Scalable Impact
Africa's agricultural sector is plagued by low yields, fragmented value chains and a large finance gap, and the region is home to 60% of the world’s uncultivated arable land. As Neil Wood, Oscar Garza and Hanna Dohrenbusch at Open Capital explain, these challenges have brought the sector to a critical juncture. They share three key solutions based on Open Capital's work on 450+ agriculture and food systems projects across Africa, which have the power to help drive the future of agriculture on the continent in the decades to come.
- Categories
- Agriculture, Energy, Environment, Investing, Technology
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Press Release: Revolutionizing Africa’s Digital Payment Landscape: RegTech Africa & Agpaytech Unveil Groundbreaking Research
The research, titled “African Digital Payment Systems and Consumers’ Experience in 2023,” sheds light on pivotal insights driving Africa’s rapidly evolving payment ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa