Fawry, Egypt’s largest electronic payments network, is accelerating its push into direct lending, securing a EGP 250m ($5.1m) financing facility from the European Bank for Reconstruction and Development (EBRD). The move marks a distinct pivot for the financial technology group as it seeks to...
Entrepreneurs who meet the criteria will have a 90-day window to register and retroactively claim benefits — assuming, of course, they’re still around.
If capital markets are meant to be the final destination for venture-backed growth, most African countries have yet to build the roads — let alone put up signs.
Nigerians were left stunned on Monday after the sudden crash of CBEX, a digital investment platform that promised incredible returns and delivered equally staggering losses.
