SOUTH AFRICA – Fintech marketplace for home loans MortgageMarket, has raised US$681,765 in its latest round of funding from venture capital firm IDF Capital and now plans…
SOUTH AFRICA – International Finance Corporation (IFC), a member of the World Bank Group, and Nedbank have partnered to increase financing for renewable energy projects…
TANZANIA - Australian based Strandline Resources Limited has secured a loan of U$26 million to finance Fungoni Mineral Sand Project in the outskirts of Dar…
SOUTH AFRICA - The African Development Bank (AfDB) Group has concluded the investment of R2 billion (US$116 million) in Sustainable Development Goals-linked bonds (SDG bonds)…
By Gerhard Zeelie AFRICA - An understandable response to the economic fallout of Covid-19 is for governments, industries and businesses trying to predict the path…
NAMIBIA – Nedbank, a financial service provider, has appointed Victor Ashikoto as the chief operating officer (COO). He is a seasoned Information and Communication Technology…
SOUTH AFRICA - Mobility startup WhereIsMyTransport, has raised a US$7.5 million funding round from investors including Google and Toyota for further global expansion. Formed in…
SOUTH AFRICA – In a move to exit its major shareholding in African Bank, the SA Reserve Bank (SARB) has issued the lender with a…
SOUTH AFRICA – Nedbank, a financial service provider, has launched the Money App Lite, a more streamlined and lighter version of the Nedbank Money App,…
KENYA - Centum Investment has raised US$65million (Sh6.5 billion) from South Africa-based Nedbank for bankrolling ongoing projects across East Africa. The re-financing deal was signed…