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Nigeria · NigeriaMastercard has announced a strategic collaboration with Nomba, a leading payment solutions provider, to deliver seamless payment experiences for businesses across the country. Through this collaboration, Mastercard Gateway will be integrated into Nomba’s Checkout solution, offering businesses a seamless, secure, and efficient way to process transactions and connect with customers locally and globally. Mastercard’s trusted global infrastructure a…See the Story
Mastercard And Nomba Collaborate In An Effort To Advance Seamless Payments In Nigeria - Brand Spur
Microsoft · South AfricaBSP Financial Group (Fiji) Pte Ltd (BSP) and Australian Business Volunteers (ABV) have launched the third year of their Fiji THRIVE Program. The initiative is aimed at empowering Fiji’s micro, small, and medium enterprises (MSMEs). BSP country head Haroon Ali acknowledged their partnership with ABV and emphasised the program’s significance. “We are delighted to continue this program with ABV as our partner, bringing the highest quality of expert…See the Story
Third year for THRIVE initiative
Dakar · DakarDigital payments gateway Peach Payments has agreed to acquire West-African payment platform PayDunya. In the process, it enters mainland Francophone Africa for the first time, following its expansion to Eswatini (2024), Mauritius (2021) and Kenya (2018). Peach Payments is an enterprise-grade payments gateway that enables online payments in Africa for businesses of all sizes. Dakar-based fintech PayDunya started operations in 2015, after Aziz Yé…See the Story
Peach Payments Acquires West-African Payments Gateway PayDunya
Lithuania · LithuaniaProparco renewed its strategic partnership with CRDB Bank Plc, Tanzania’s largest financial institution, by granting two new guarantees worth €24 million each, totaling €48 million. This collaboration with a trusted long-term partner is designed to drive growth and support high-impact MSMEs across Tanzania, fueling economic development and job creation.The signing ceremony took place on March 24th, in Dar es Salaam, in presence of H.E. Anne-Soph…See the Story
Proparco Partners with CRDB Bank to Boost MSME Growth in Tanzania with €48 Million in New Guarantees
Nigeria · NigeriaAlitheia Capital and Goodwell Investments are excited to announce the first exit of their joint uMunthu Fund: Baobab Nigeria, a financial institution creating meaningful impact in sub-Saharan Africa by providing inclusive banking services to individuals and MSMEs in underserved areas. More than 12 years after investing in Baobab Nigeria (first via their GWAMDC fund and later uMunthu), Alitheia and Goodwell have now exited the investment. This is…See the Story
Alitheia Capital and Goodwell Investments Announce Successful Exit from uMunthu Fund’s Baobab Nigeria Investment
NOSIBLE Raises $1 Million Pre-Seed, Welcomes Industry Veteran Axel Hörger
Renewable Energy · NigeriaNigerian fintech startup Payhippo has rebranded as Rivy, changing its focus entirely to clean energy financing after raising a $4 million pre-Series A round to drive its expansion. The funding, split evenly between $2 million in equity and $2 million in debt, comes as Rivy moves beyond traditional SME lending to tackle one of Africa’s major challenges—access to reliable and affordable energy. The equity round was co-led by EchoVC, through its $…See the Story
