Africa to develop a mineral resource classification system

Africa to develop a mineral resource classification system

Friday, 22 September 2017 06:49

The Africa...

USTDA grants mini grid projects in Madagascar

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Friday, 22 September 2017 06:09

The US Trade and Development Agency (USTDA) has awarded a grant to Malagasy energy company Henri Fraise Fils & Cie...

Reports show much greater finance needed to achieve global goals to close the electricity access gap by 2030

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Thursday, 21 September 2017 07:34

Sustainable Energy for All (SEforALL) and partners announced on 18 September in New York, first-of-its-kind research analysing finance flows for...

Total partly acquires EREN Renewable Energy to expand its renewable business

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Thursday, 21 September 2017 07:15

Total will acquire an indirect interest of 23 per cent in EREN RE by subscribing to a capital increase for an...

President Museveni wants Trump to prioritise economic infrastructure for developing countries

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Thursday, 21 September 2017 06:56

The President said one of the challenges Uganda needed to tackle was electricity but the country did not get cooperation...

GE to help build one of Egypt’s first solar power plants with 1,500-volt technology

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Wednesday, 20 September 2017 07:52

Egypt is rising to become the next solar hotspot. Part of the government’s ambitious sustainable energy strategy is the landmark...

Africa becoming the dumping ground for eWaste

Africa becoming the dumping gr…

Wednesday, 20 September 2017 07:25

A growing amount of computer equipment from Western nations is being found on toxic eWaste dumps throughout Africa and is...

Mitsubishi releases special edition warehouse and forklift trucks for silver jubilee

Mitsubishi releases special ed…

Tuesday, 19 September 2017 06:55

Marking 25 years of keeping businesses in Europe, Africa and the Middle East productive, Mitsubishi Forklift Trucks has launched a...

Societe Generale launches new mobile money solution YUP in Africa

Societe Generale launches new …

Tuesday, 19 September 2017 06:41

Societe Generale has introduced new African mobile bank YUP in the Ivory Coast and Senegal, aiming to providing a new...

The ARF 2017 in Morocco to focus on Africa’s renewable energy development

The ARF 2017 in Morocco to foc…

Monday, 18 September 2017 06:29

The Africa Renewable Energy Forum (ARF) is going to take place from 29 November 2017 to 1 December 2017, at...

Xodus wins two ESIA contracts in Senegal

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Monday, 18 September 2017 06:13

Xodus Group has received two environmental and social impact assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore...

XCMG exports road machines in batches to Kenya

XCMG exports road machines in …

Friday, 15 September 2017 07:58

With the strength of it of its solid technological merits, after-sales services and high-cost performance of products XCMG swept the...

Accessing the Internet of Things with Diehl Metering

Accessing the Internet of Thin…

Friday, 15 September 2017 07:38

Choosing a Diehl Metering smart metering solution also means taking advantage of our unique expertise in networking connected devices 

Nigeria unveils its first off-grid solar house in Lagos

Nigeria unveils its first off-…

Friday, 15 September 2017 06:46

Nigeria has inaugurated the first off-grid solar house in Ejigbo’s local council development area (LCDA) in Lagos, aiming to use...

Is Africa a global technology innovator?

Is Africa a global technology …

Thursday, 14 September 2017 07:51

The programme for this years Africa Hotel Investment Forum will feature a one-to-one interview with Mbwana Alliy who is the...

The new CAT 426F2 expands backhoe loader line

The new CAT 426F2 expands back…

Wednesday, 13 September 2017 06:11

Offering a highly configurable design, the new CAT® 426F2 Backhoe Loader with Side Shift frame provides customers with additional choices,...

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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