Accion Venture Lab launches new fund for inclusive fintech startups
The nonprofit Accion has raised US$23mn for a brand new inclusive fintech startup fund
Commerce
Siemens unveils data-centric visualisation for Cape Town
Ahead of the World Economic Forum (WEF) conference, Siemens has unveiled a data visualisation for the city of Cape Town that illustrates how data is critical to transforming Africa’s urban centres into smart cities of the future
Fintech Nomanini raises US$4mn in funding round led by Standard Bank
Nomanini, the fintech platform for the informal retail ecosystem, has announced a US$4mn funding round led by Standard Bank, Africa’s largest bank, and completed by Goodwell Investments, an Amsterdam-based investment firm focused on fintech and financial inclusion
Ethiopia to cooperate with Alibaba to promote digital economy
The Ethiopian Ministry of Innovation and Technology has announced a cooperation with Chinese e-commerce giant Alibaba Group to grow its digital economy
MTN Nigeria to offer financial services
Telecom operator MTN Nigeria Communications PLC has been granted permission to offer financial services by Nigeria’s central bank
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