News

IBISA to Back its Microinsurance Solutions

Agricultural microinsurance startup IBISA announced that it has raised a seed round of €1.5 million —…

Revolut Bank Granted Full EU Banking License

Revolut Bank, part of the U.K. FinTech unicorn Revolut, has been granted a full banking license…

Enel SPA Takes Stake in Mooney

Enel SpA has agreed to buy 50% of Italy’s Mooney to take joint control of the…

EAIF to Fund Solar Electricity Plant Construction in Mozambique

Emerging Africa Infrastructure Fund (EAIF) will act as a sole lender and provide $19m to Central…

Astra Energy Inc to Invest in Africa

Astra Energy Inc. a renewable and waste-to-energy project developer and technology acquisition company, announces initiation of…

African Neobanks Partner with SEON

Around 57% of the continent’s population don’t currently have access to a traditional bank account, which…

IMFact Nets Funding from FSD Africa

Kenyan FinTech company IMFact, which uses supply chain financing to provide working capital to microbusinesses and…

Octamile to Onboard Insurers and Startups

Octamile, an InsurTech company enabling insurance and non-insurance businesses to protect African consumers from financial loss,…

Massive Investments in Renewable Power

Indonesian government estimates that total investment of up to $1,043 billion will be needed to develop…

Chinese Real Estate Market is Turning a Corner and Starting to Stabilize

There are three reasons for the slowdown. A sharp rise in materials prices and a power…