Joel Omulo

IFC Backs Marifala to Boost Local Furniture Manufacturing in Guinea

IFC will provide a loan of up to $13 million to assist Marifala in constructing a state-of-the-art industrial complex in Conakry. Currently, Marifala's operations are dispersed across the city, leading to inefficiencies in production.

by Joel Omulo

IFC Backs Marifala to Boost Local Furniture Manufacturing in Guinea

News Companies

Chipper Cash Secures Broker-Dealer Licence in Ghana

Chipper Cash, a leading cross-border payments fintech, has made a significant leap forward by securing a broker-dealer licence from Ghana's Securities and Exchange Commission (SEC).

by Joel Omulo

Chipper Cash Secures Broker-Dealer Licence in Ghana

News Startup Updates

NBA Africa Announces Finalists for "Triple-Double" Startup Accelerator Program

NBA Africa has revealed the 10 startup companies from seven African countries that have been selected to present their products at a Demo Day at the NBA headquarters in New York City.

by Joel Omulo

NBA Africa Announces Finalists for "Triple-Double" Startup Accelerator Program

News Funding Startup Updates

Egypt's Paymob Secures Additional $22 Million in Series B Extension

Paymob, an Egypt-born fintech startup, has successfully raised an additional $22 million in funding, bringing its total Series B round to $72 million. This recent extension follows a $50 million raise in 2022, pushing the company’s total funding to over $90 million since its inception.

by Joel Omulo

Egypt's Paymob Secures Additional $22 Million in Series B Extension

Founders

South Sudanese Mayang Tut Revolutionizing Fleet Management in Africa with Togree-rw

As the founder of Togree-rw, a tech safety company based in Kigali, Rwanda, Mayang is on a mission to provide innovative GPS tracking solutions that cater to the diverse needs of businesses and individuals across Africa.

by Joel Omulo

South Sudanese Mayang Tut Revolutionizing Fleet Management in Africa with Togree-rw

News Resources

PepsiCo South Africa Champions Women in Agriculture

PepsiCo South Africa recently hosted a LinkedIn Live event titled “The Business of Being a Woman in Farming,” aimed at driving meaningful change within the agricultural industry by highlighting the pivotal role of women.

by Joel Omulo

PepsiCo South Africa Champions Women in Agriculture

News Companies Funding

AlBaraka Capital and INVIA Launch Egypt’s First Sharia-Compliant Revenue Based Finance Fund

AlBaraka Capital, a subsidiary of AlBaraka Bank Egypt, has partnered with INVIA, a leading fintech company, to launch Egypt’s first Sharia-compliant Revenue Based Finance (RBF) Fund.

by Joel Omulo

AlBaraka Capital and INVIA Launch Egypt’s First Sharia-Compliant Revenue Based Finance Fund

News Startup Updates Funding

Senegalese Startup Rubyx Secures EUR400,000 Loan to Advance Algorithmic Lending in Africa

Rubyx, a Senegalese fintech startup specializing in digital lending, has secured a EUR400,000 (US$440,000) loan from the French development finance institution Proparco. This funding will accelerate the rollout of Rubyx’s innovative algorithmic loan platform.

by Joel Omulo

Senegalese Startup Rubyx Secures EUR400,000 Loan to Advance Algorithmic Lending in Africa

Subscribe to see what we're thinking

Great!