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Nigerian Startup Bfree Secures $3 Million Funding to Facilitate Ethical Debt Recovery for Lenders
Bfree, a Nigerian startup specializing in debt collection, was established with the aim of automating and instituting ethical processes for debt recovery.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending
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Democratic Democratic Republic of Congo: African Development Bank to Lend $117 Million to Support Agricultural Transformation
The project will make it possible to carry out a feasibility study on establishing a one-stop shop for issuing permits and licenses for climate-smart agricultural investments.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Bill & Melinda Gates Foundation Invest over $75 Million in African Universities for Disease Research
Stellenbosch University, the University of Ghana, and the University of Pretoria are among the benefiting universities.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health, research, vaccines
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Arrest of Binance Executives Shakes up Nigeria’s Crypto Ecosystem, Again
The arrest, first reported by the Financial Times on Wednesday, follows a move last week that saw telecom providers shut off user access to the websites of Binance.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cryptocurrency, fintech
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African Data Center Firm Teraco to Build Out Giant Power Plant
Teraco raised $104 million with Absa Bank for renewables.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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COMESA, World Bank Announce $50 Million Energy Access Initiative
The program will engage specialized local and international firms and private investors to provide technical services.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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AFC and d.light Achieve Off-Grid Solar Industry Milestone with Full Repayment of Senior Debt for $110 Million Securitization Facility
AFC’s groundbreaking USD$110 million securitization vehicle, BLK1, the first securitization instrument for Pay-As-You-Go solar home systems, has achieved a full exit for its senior lenders months ahead of schedule.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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