Latest News for: Africa lending


New Round of Pandemic Relief from SNF Continues Wide-Ranging Aid

The National Herald 02 Mar 2021
leading by action ... UNITED STATES. Helping to ensure that students don’t miss out ... DonorsChoose, United States ... Making personal protective equipment available to young people participating in a civic service program in France in which they lend support to older adults, encompassing companionship, mobility support, and more. AFRICA AND WORLDWIDE ... .

Herbalife Nutrition Further Strengthens Its Board of Directors with the Appointment of Three New Independent Members

The Marshall News Messenger 01 Mar 2021
Ms ... L’Helias is also the lead independent director of Kering, a global luxury group, and serves as non-executive director on the Board of Africa50, a development impact fund dedicated to improving infrastructure in Africa, Agence France-Locale, a community lending financial institution, and Echiquier Positive Impact and Climate Impact Europe funds.

Stitch emerges from stealth with $4M for its API fintech play in Africa

Crunch 25 Feb 2021
For Brent Hoberman, co-founder and executive chairman of firstminute capital, the firm decided to back Stitch because it believes most online business in Africa will embed fintech capabilities in their applications — facilitating online payments, increasing lending capacity and streamlining KYC and identity checks — through Stitch.

South African digital bank TymeBank lands $109M from UK and Philippines investors

Crunch 23 Feb 2021
This time, a startup from Africa has joined the party ... “The establishments of digital banks in South Africa is in its infancy ... The investment will also help the company expand its range of banking products and grow its lending portfolio ... Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa.

No country must be left behind in accessing Covid-19 vaccine: Ramaphosa

Independent online (SA) 23 Feb 2021
Addressing the the launch of the 'Recover Better Together' post Covid-19 Campaign organized by Global Citizen under the patronage of EU Commission President Ursula Von Der Leyen, Ramaphosa said South Africa was honoured to lend its support to Global Citizen, and to this Recover Better Together campaign ... IOL .

Budget 2021: A difficult recipe for masterchef-cum-finance minister Tito Mboweni

Independent online (SA) 22 Feb 2021
This meant that all three major international credit rating agencies had by now downgraded the South African sovereign debt to junk status, which automatically triggered many top global investors into no longer investing in South Africa or lending money to South Africa and/or its ...

Google pledges $75m in aid for Covid-hit businesses globally

The National 18 Feb 2021
It has set up a $26m loan initiative with San Francisco-based Kiva, which allows people to lend money through the internet to low-income entrepreneurs in 77 countries, to facilitate businesses in Africa, Middle East and Indonesia.

Nigeria: AfDB to Support Women Entrepreneurs

All Africa 17 Feb 2021
... with financial institutions to enhance their ability to lend to women.

Policy experts reviewed Assembly's proposed Agro- Growth strategy

Urdu Point 17 Feb 2021
reducing rural poverty, digital financial inclusion, improved food safety, security and quality, bio-diversity, formalization of the agriculture economy, supporting import substitution as well as support growth of exports (to Central and South Asia and Africa).

Pngme, a financial data platform, closes $3M seed to accelerate growth in Sub-Saharan Africa

Crunch 11 Feb 2021
Today, the Africa-focused but U.S.-based unified financial data platform announced its seed round of $3 million ... Founded by Brendan Playford and Cate Rung, Pngme started primarily as a lending platform in 2018. Playford, who grew up in the U.K., came to East Africa in 2007 to work on philanthropic biofield projects.

As a poor Ugandan farmer, white and black people ignore my advice on poverty

The Observer 09 Feb 2021
Being poor, black and from sub-Saharan Africa is the hardest thing you can ever be ... Africa itself isn’t created equal ... But even cash-wise, there are many who have what it takes to lend a hand to those of us who have absolutely nothing here in Africa, if only we as black people believed in each other.

Bulk of loans in SA's Covid crisis scheme to stay untapped, say banks

Independent online (SA) 03 Feb 2021
JOHANNESBURG - A credit scheme central to South Africa's efforts to counter ... It aims to encourage banks to lend more, on more favourable terms, to businesses whose operations have been affected by the pandemic, which has hit South Africa far harder than any other African nation.

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