The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent
The market for two- and three-wheelers in Africa, the backbone of urban logistics and transport, is expected to exceed 1.9 million vehicles annually by 2030.
The water-tech aimed to solve water access for Africa's urban poor with smart meters and mobile money. Its collapse is the latest in a wave of closures hitting Kenya's impact startup scene.
From Fintech to Cleantech, American investors are moving beyond seed cheques, leading mega-rounds and signaling a new phase of maturity for the continent's ecosystem.
The deal, backed by major local and international banks, highlights a market consolidation as smaller pay-as-you-go solar companies struggle to stay afloat.
The $2 million ticket into the Guinean fintech is modest, but it signals growing development-finance appetite for the unglamorous plumbing that connects global money-senders to mobile wallets and cash agents on the continent
The Nasdaq-listed South African fintech has quietly added another small enterprise-focused company to its portfolio, paying cash for a fintech business as it continues to widen its offering for large-scale clients.
