Unearthing the IoT in agriculture

Unearthing the IoT in agricult…

Friday, 17 November 2017 06:19

Eseye, global provider of M2M cellular connectivity for the Internet of Things (IoT), has partnered with Burkard, to use IoT...

AfDB approves US$84.30mn loan to upgrade Tunisia’s digital capability

AfDB approves US$84.30mn loan …

Thursday, 16 November 2017 06:57

The African Development Bank (AfDB) has approved a loan of US$84.30mn to support the implementation of ‘Digital Tunisia 2020’ national...

GE partners with Azito to upgrade gas turbines in Ivory Coast

GE partners with Azito to upgr…

Thursday, 16 November 2017 06:18

GE has signed an agreement with Azito Energie SA to upgrade two gas turbines at the company’s combined-cycle power plant...

Renewables to play major role in meeting growing energy needs

Renewables to play major role …

Wednesday, 15 November 2017 06:57

The resurgence in oil and gas production in the US, decline in the cost of renewables and growing electrification are...

HYDRUS 2.0 – The new generation of ultrasonic water meters

HYDRUS 2.0 – The new generatio…

Wednesday, 15 November 2017 06:41

The answer to every challenge

Grieve introduces 500°F electric belt conveyor oven

Grieve introduces 500°F electr…

Wednesday, 15 November 2017 06:21

Grieve has introduced No 892, a 500°F electrically-heated belt conveyor, which is currently used for curing sealant on filters at...

Malawi to start construction of Mzuzu international airport in January 2018

Malawi to start construction o…

Tuesday, 14 November 2017 06:35

Malawi is going to start the construction of Mzuzu International Airport in January, 2018, said Arthur Peter Mutharika, president of...

AfDB approves US$25mn to Zambia National Building Society

AfDB approves US$25mn to Zambi…

Tuesday, 14 November 2017 06:32

The African Development Bank (AfDB) has approved a US$25mn to Zambia National Building Society (ZNBS) to build institutional capacity and...

South Africa and the Democratic Republic of Congo to remove obstacles to doing business

South Africa and the Democrati…

Monday, 13 November 2017 07:39

Congolese government’s priority is to ensure that the One Stop Shop created for business registrations and investment facilitation has resources...

Konecranes receives repeat order to supply two floating cranes

Konecranes receives repeat ord…

Friday, 10 November 2017 06:52

Konecranes, Finnish manufacturer and service provider of cranes and lifting equipment, has received a repeat order for two Konecranes Gottwald...

Ethiopian Airlines group awarded four-Star ranking by SKYTRAX

Ethiopian Airlines group award…

Friday, 10 November 2017 06:18

Ethiopian Airlines, Africa’s largest airline group, has been awarded SKYTRAX four-star certification at a ceremony held in London on 8...

LTE subscriptions in sub-Saharan Africa rise to 310mn by 2023

LTE subscriptions in sub-Sahar…

Thursday, 09 November 2017 07:45

The Ericsson Mobility Report projects that LTE subscriptions will rise by 47 per cent from 30mn in 2017 to 310mn...

Alfanar closes financing for 50MW Solar PV project in Egypt

Alfanar closes financing for 5…

Thursday, 09 November 2017 06:31

Alfanar has closed the financing for the construction and development of a 50MW solar PV plant which will be located...

Angola Cables to expand presence in South Africa

Angola Cables to expand presen…

Thursday, 09 November 2017 06:02

Angola Cables has announced to establish a point of presence (PoP) in Cape Town before the end 2017, aiming to...

Nokia and Vodacom join forces to shape the future of 5G in South Africa

Nokia and Vodacom join forces …

Wednesday, 08 November 2017 07:29

Nokia and Vodacom have partnered to deploy 5G technology across South Africa to enable Vodacom to enhance digitalisation for the...

Ovamba wins African FinTech award

Marvin Cole FinTech Africa awards2Marvin Cole, Ovamba co-founded and president. (Image source: hawthorn advisors)Ovamba Cameroon Solutions has been recognised as the 'Best African Lending and Finance Company' of 2016 at last month's African FinTech Awards, held at the Sandton Convention Centre in Johannesburg, South Africa

The online African funding and logistics provider for small and medium-sized businesses scooped the honour and secured a top 15 spot in the African FinTech 100.

The awards were part of the largest exhibition and conference for finance professionals, Finance Indaba Africa. 

The winners for each category are determined by an independent panel of judges, which included investors and visionaries in the industry, as well as a popular vote that amounted for 25 per cent of the final score. The panel voted on innovation, customer sanctification, value, delivery and traction to decide the winners.

The judges said Ovamba provides a "much-needed service in West Africa" for small and medium-sized businesses, and is "solving a real problem that will enable Africa to grow and give opportunity to some seriously bright individuals and business ideas".

Watch out for the February issue of African Technical Review for more on the FinTech opportunity in Nigeria, Ethiopia and the DRC. 

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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