SMEs

Kenyan Fintech IMFact Bags ≈$4m Funding From FSD Africa Investment to Boost Capital Supply to SMEs

IMFact, a Kenyan fintech startup, has secured a £3 million ($3.95m) investment from FSD Africa Investments (FSDAi), the investing arm

Internet SMEs Telecom

Airtel Partners With Cisco to Secure Internet for SMEs in Africa

Airtel Africa, has announced that its B2B provider, Airtel Business, has formed a new partnership with Cisco to provide secure

NITDA
Regulation

NITDA, FCCPC Move to Stop Harrassment of Family and Friends by Loan Companies

The trend today among certain loan companies is to harass family and friends of whom defaults in loan payment. They

Tony Elumelu Foundation
Entrepreneurship Funding News

5000 African SMEs Join Tony Elumelu Foundation 2021 Entrepreneurship Programme

Each Tony Elumelu Foundation entrepreneur receives non-refundable US$5,000; 68% of beneficiaries are women entrepreneurs The Tony Elumelu Foundation (TEF) has

BlinkApp
Funding Investment Venture Capital

Egypt’s Mobility Risk Assessment Startup, BlinkApp Raises Six-Figure Pre-Seed Round

BlinkApp, an Egyptian mobility risk assessment startup, has raised a six-figure Pre-Seed round, led by investors located in UAE and KSA.

Payhippo
Fintech Funding Investment Venture Capital

Nigerian Lender, Payhippo Closes $3m to Doubledown on Credit to SMEs

Payhippo, a Nigerian lending startup, has raised $3 million in a seed funding round. The investment was led by several

Brass
Funding

Nigerian Fintech Startup, Brass Secures $1.7m to Provide Premium Banking Services to SMEs

Brass, a Nigerian fintech startup, has secured a $1.7 million investment to address the banking needs of local entrepreneurs, traders,

Asante
Fintech Funding Investment Venture Capital

Asante Closes $7.5m Series A Funding to Close the Gap in MSME Lending in Africa

Asante Financial Services, an Africa-focused fintech, has raised Series A investment to scale its credit offerings to the underserved segment of

Sendbox
Funding Investment Logistics

Nigeria’s Sendbox Raises $1.8m to Digitise Deliveries For African SMEs

Sendbox, the Nigeria-based e-commerce fulfillment platform, has today announced the completion of a $1.8 million seed round from investors including

Partnership Payment SMEs

Untapped Global, Paga Collabo to Grow Digital Payments For SMEs

Untapped Global, an investment company focused on emerging markets, is partnering with Paga to finance point-of-sale devices (POS) for merchants