Invest Africa and British International Investment (BII) will host a forum focused on promoting inclusive development in South Africa. The event, titled “Impactful Investing for… Read More »Invest Africa to Host Forum on Impactful Investing for Inclusive Growth in South Africa
The Milken Institute and Motsepe Foundation have revealed the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech. Each team will… Read More »Milken Institute and Motsepe Foundation Announce Semifinalists for $2M FinTech Prize
Grid Africa has received an equity investment of R50 million ($2.8 million) from Rifuwo Energy Partners. This funding aims to boost the development of renewable… Read More »Grid Africa Secures R50 Million Investment to Drive Solar Energy in South Africa Amid Rising Energy Costs
Endeavor South Africa has secured R190 million in the first close of its R500 million Harvest Fund III. This exceeds its initial target of R150… Read More »Endeavor South Africa Raises R190 Million in First Close of Harvest Fund III
Citi and Mastercard have announced a new collaboration aimed at simplifying cross-border payments. Using Citi’s WorldLink Payment Services and Mastercard Move, Citi clients can now… Read More »Citi and Mastercard Join Forces for Faster Cross-Border Payments
IFC, a member of the World Bank Group, and South Africa’s Absa Group Limited have announced a $50 million commodity trade finance facility for Valency… Read More »IFC and Absa Partner to Provide $50 Million Finance Facility for African Farmers
The African Development Bank Group has appointed Mrs. Marie-Laure Akin-Olugbade as Senior Vice President. Her appointment took effect on October 4, 2024. Mrs. Akin-Olugbade, a… Read More »Marie-Laure Akin-Olugbade Appointed Senior Vice President of African Development Bank Group
Chipper Cash has announced a new partnership with MoneyGram and the Stellar Development Foundation (SDF). This collaboration introduces a groundbreaking global money movement service, aimed… Read More »Chipper Cash Partners with MoneyGram and Stellar to Expand Financial Access Globally
ARISE IIP, a pan-African developer and operator of industrial parks, has secured $443 million in new capital. The investment will fuel its expansion and operational… Read More »ARISE IIP Raises $443 Million to Boost Africa’s Industrial Growth
The African Development Bank (AfDB) has approved €9.51 million to support the digitization of the Comorian economy. The project, with a total cost of €22.53… Read More »AfDB Approves €9.51 Million for Comoros Digital Economy Project