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U GRO Capital Raises $5 Million in Partnership With Enabling Qapital in India
U GRO Capital, a listed entity that operates a Fintech lending platform for MSMEs (Micro, Small and Medium Enterprises).
- Region
- Asia Pacific
-
South African Digital Identity Startup iiDENTIFii Raises Record $15 Million
Cybercrime within the financial sector is a growing threat to Africa. iiDENTIFii will use this investment to fund its expansion across the continent.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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The Fund for Export Development in Africa (FEDA) Announces Its First Close of US $670 Million Across Four Fund Strategies
FEDA, the impact investment arm of the Afreximbank has been set up to support intra-African trade growth, value-add export development and industrialization.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE
“Today, Nigeria has five of the seven unicorns in Africa and raised almost $1.4 billion of the total of $4 billion raised by fintech companies across Africa in 2021.”
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Kenyan Insurtech Firm Turaco Secures $10 Million Series A Round Fundraise
Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest.
- Categories
- Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: AIDS Healthcare Foundation Pledges $10 Million to the Global Fund to Fight AIDS, Tuberculosis and Malaria
This announcement comes ahead of the Seventh Replenishment of the Global Fund to Fight AIDS, Tuberculosis, and Malaria in New York City on Sept. 21.
- Categories
- Finance, Health Care
- Region
- Global
- Tags
- public health
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Southeast Asia’s Fintech Fazz Finalizes $100 Million Series C Round Led by Tiger Global
Southeast Asia’s Fintech platform Fazz, a business account for companies of all sizes, recently secured $100 million via Series C funding.
- Categories
- Finance, Technology
- Region
- South Asia
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AVPA, UNDP Partner to Grow Sustainable Finance in Africa
The African Venture Philanthropy Alliance and the United Nations Development Programme have partnered to promote sustainable finance in Africa.
- Categories
- Finance
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