New ways of using precast concrete in construction sites worldwide: The chance for construction companies

New ways of using precast conc…

Friday, 21 July 2017 10:02

The response from customers was exceptionally positive when Weckenmann Anlagentechnik GmbH & Co. KG presented its innovative concept of the...

Zimbabwe to become regional power distribution hub

Zimbabwe to become regional po…

Friday, 21 July 2017 06:29

With an aim to become a regional power distribution hub, the Zimbabwe has announced that it will construct a 1,000km...

Lord Ahmad of Wimbledon visits Ghana to reaffirm free trade links

Lord Ahmad of Wimbledon visits…

Thursday, 20 July 2017 07:42

The visit of Lord Tariq Ahmad reaffirm strong Commonwealth links in free trade and democratic values 

AfDB grants Tanzania to develop Ngozi geothermal steam field

AfDB grants Tanzania to develo…

Thursday, 20 July 2017 06:56

The AfDB has granted US$21.7mn to develop Tanzania’s Ngozi geothermal steam field to transform national economy by achieving a sustainable...

Gigawatt Global: Solar street lights illuminate Bujumbura, Burundi

Gigawatt Global: Solar street …

Wednesday, 19 July 2017 15:21

Bujumbura the capital of Burundi has become a little brighter thanks to a partnership with Gigawatt Global

Ethiopia to set up pharmaceutical industrial park

Ethiopia to set up pharmaceuti…

Wednesday, 19 July 2017 06:48

With an aim to transform the Ethiopian health sector, a pharmaceutical industrial park is under construction in Addis Ababa area...

Kim Fausing takes over as Danfoss CEO

Kim Fausing takes over as Danf…

Tuesday, 18 July 2017 06:41

Kim Fausing took over as the new president and CEO of Danfoss, with effect from 1 July 2017, and said...

Kenya launches network upgrade programme for industrial consumers

Kenya launches network upgrade…

Monday, 17 July 2017 06:01

Kenya Power, the national power distributor in Kenya, launched a network upgradation programme aiming to provide better power supply to...

Maximise availability and reliability of rotating equipment

Maximise availability and reli…

Saturday, 15 July 2017 06:00

Proper maintenance preserves performance of gas turbines

SMES are growing Kenya's economy

SMES are growing Kenya's econo…

Friday, 14 July 2017 12:03

While Kenya’s small and medium enterprises (SMEs) continue to create numerous jobs and boost the country’s GDP, they face a...

27 million Tanzanians now have access to improved water services

27 million Tanzanians now have…

Friday, 14 July 2017 11:13

One in two people in Tanzania has access to basic water services according to a new report released by the...

Gambia signs MoU with Senegal for cross-border electricity supply

Gambia signs MoU with Senegal …

Friday, 14 July 2017 06:02

Gambia and Senegal signed a memorandum of understanding (MoU) for a cross-border electricity initiative, which will strengthen energy cooperation between...

NAVECO: New China Daily unveiled at plant inauguration ceremony in Nanjing

NAVECO: New China Daily unveil…

Thursday, 13 July 2017 15:10

NAVECO, the joint venture between IVECO and SAIC, has celebrated the first New China Daily light commercial vehicle coming off...

New insecticide-treated mosquito net to fight against malaria

New insecticide-treated mosqui…

Thursday, 13 July 2017 12:13

BASF has introduced a new class of insecticide-treated mosquito nets to prevent malaria 

Wind power project near completion in Namibia

Wind power project near comple…

Thursday, 13 July 2017 06:50

The construction of US$13.6mn Ombepo wind power project at Lüderitz in Namibia is close to completion, reported the developer Innosun...

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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