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Press Release: Financial Inclusion in West Africa Gets a Boost With New $10M Raise by Aella Fintech
For millions of poor and low-income households, entrepreneurs, and nascent businesses in West Africa without access to financial institutions, micro-lending fintechs like Aella provide a broader array of financial products — savings, insurance, payments and specialized loans, focused on lifting many out of poverty. Aella plans to use this funding to scale its lending operations and expand its product base into payments.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Trump’s Latest “Visa Ban” Poses a Threat—and an Opportunity—to Nigeria’s Tech Ecosystem
While Nigeria is not the only country affected by the “ban”, it is, by far, the most high profile country affected by what the Trump administration describes as a penalty for unsatisfactory security and information sharing standards.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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GAIN and Incofin Investment Management Announce New Collaboration to Unlock the Potential of SMEs to Improve Diets and Nutrition in Africa
The Global Alliance for Improved Nutrition (GAIN) and Incofin Investment Management (Incofin IM) have announced a new collaboration to take forward and manage the newly established Nutritious Food Financing Facility (N3F).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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WEST AFRICA: Germany Will Finance Agro-Ecology to the Tune of €16 million
The German international development cooperation agency (GIZ) announced a €16 million grant for the promotion of sustainable agriculture techniques in West Africa over the next five years.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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The Powerful Legacy Of Leila Janah, Social Entrepreneur And Giver Of Work
For a woman whose life was cut tragically short, she accomplished more than most people can hope to accomplish in a lifetime twice as long.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Report: Social Enterprises Neglected in Uganda
A new report entitled ‘The Status of Social entrepreneurship in Uganda’ said social enterprises suffer from lack of access to cheap credit; they do not have the space and environment for growth.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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MTN “Stubbornly Optimistic” Relaunched Mobile Money Will Work In South Africa
Africa's largest mobile operator has relaunched its mobile money in its home country, aiming to provide financial services to 11-million South Africans who currently don't have access to such offerings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance
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Here’s What Kenyans Are Buying Through Mobile Money Service
The report also indicates that mobile money services are the second most popular savings platform after banks, taking up approximately 30% of all savings made in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, savings
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