The African Development Bank, AfDB and Bank of Africa SA have signed a €50 million risk-sharing agreement. The deal aims to boost private-sector financing and… Read More »AfDB and Bank of Africa SA Sign €50 Million Deal to Support African SMEs
NIB Bank and Mastercard have launched a Prepaid Mastercard to improve digital payments and financial inclusion in Ethiopia. The card is designed to offer a… Read More »NIB Bank Partners with Mastercard to Launch Prepaid Card in Ethiopia
Premier Bank has partnered with Mastercard to introduce Shari’ah-compliant debit, credit, and prepaid cards in Kenya. This initiative aims to promote secure and inclusive digital… Read More »Premier Bank and Mastercard Launch Shari’ah-Compliant Cards in Kenya
The OPEC Fund has signed a $40 million loan to strengthen food systems in Africa. The loan is part of a $394 million sustainability-linked package… Read More »OPEC Fund Signs $40 Million Loan to Boost Food Security in Africa
In August 2023, Buupass, Kenya’s leading travel platform, partnered with the award-winning fintech company, GiftPesa. This holiday season, millions of Kenyans will benefit from this… Read More »Buupass Partners with GiftPesa to Launch Digital Travel Vouchers Ahead of the Holiday Season
Sanlam Investments East Africa and Vodacom Tanzania Plc have launched M-Wekeza, a new platform to simplify investments in Tanzania. This initiative aims to make investing… Read More »Sanlam and Vodacom Launch M-Wekeza to Revolutionize Tanzania’s Investment Landscape
Beacon Power Services (BPS), an energy-tech startup, has raised funds through a Series A financing round. Led by global VC Partech, this funding will enable… Read More »Beacon Power Services Raises Funds to Expand in Africa
Kobo360, a Goldman Sachs-backed truck-hailing startup, has introduced HaulSight, a new fleet management software designed to help companies track vehicles, plan routes, and access invoice… Read More »Kobo360 Launches Fleet Management Software HaulSight to Tackle Rising Costs
Smart Africa and UN Women have launched an initiative to close Africa’s gender digital divide. The “Smart Women and Girls in ICT Initiative” (SWG) is… Read More »Smart Africa and UN Women Unite to Empower Future Women Innovators in Africa
The African Development Bank Group (AfDB) has approved a $75 million financing package for Export Trading Group (ETG), a Mauritius-based conglomerate that operates across Africa.… Read More »African Development Bank Approves $75 Million to Boost Africa’s Agriculture with ETG Partnership