Generating commercial airport revenue is the future of Africa business’, says ACI secretary general

Generating commercial airport …

Wednesday, 22 February 2017 07:38

A special commercial forum will be launched at the 57th ACI Africa conference in Livingstone, Zambia, to capitalise on business...

Grove unveil TMS9000-2 truck crane

Grove unveil TMS9000-2 truck c…

Tuesday, 21 February 2017 07:27

Lighter, longer, stronger: this was the mantra as Grove developed the TMS9000-2, its next-generation truck crane, which was unveiled on...

National Bank of Angola to continue currency transfer to commercial banks

National Bank of Angola to con…

Thursday, 16 February 2017 07:35

At a meeting held in Luanda, Angola the governor of the Central Bank National Bank of Angola said he guarantees...

Construction underway for Kenyan biogas plant

Construction underway for Keny…

Thursday, 16 February 2017 07:04

Construction for a biogas plant in Kenya which started in November last year on a five acre plot of land...

Aviation update: Abuja closure will not impact NOG 2017

Aviation update: Abuja closure…

Tuesday, 14 February 2017 07:45

The construction of Julious Nyerere International Airport's third terminal has been halted due to the lack of funds and the closure...

Rwanda granted investment for water supply and sanitation

Rwanda granted investment for …

Tuesday, 14 February 2017 07:05

The Rwandan government has recently received a US$2.1mn grant from the African Water Facility to supply the development of a...

Palfinger expands the functions of its Jumbo clas NX access platforms

Palfinger expands the function…

Monday, 13 February 2017 07:59

PALFINGER Jumbo class MX access platform range has been expanded, now capable of lifting up to 900 kg and can also...

Spaansen B.V using Sennebogen 850 material handlers for port work

Spaansen B.V using Sennebogen …

Thursday, 09 February 2017 07:23

Sennebogen introduced its new 850 E-series, a mobile material handler for port handling, at Bauma 2016 and the applications are...

Merger and acquisition actions moves from West to East Africa in 2016

Merger and acquisition actions…

Wednesday, 08 February 2017 07:25

International law firm Clifford Chance show that the African merger and acquisition (m&a) footprint is increasing in 2016, despite the...

Iveco: Your business partner, a system for you

Iveco: Your business partner, …

Wednesday, 08 February 2017 07:18

Making the business of transportation easier and more productive is our goal

KPAL to agree to acquire Sadolin Paints

KPAL to agree to acquire Sadol…

Wednesday, 08 February 2017 07:09

Kansai Plascon Africa Limited, a subsidiary of Kansai Paint Co, announced on 7 February, a binding agreement for the acquisition...

Landfill gas in Africa – Why is it not reaching its potential?

Landfill gas in Africa – Why i…

Monday, 06 February 2017 07:36

The utilisation of landfill gas for power generation is well established internationally as a method of generating base-load renewable electricity....

MAN Trucknology to host in-house exhibition of latest innovations

MAN Trucknology to host in-hou…

Monday, 06 February 2017 07:06

MANs Trucknology Days will host 180 vehicles including the new MAN TG series in Munich from 23 - 25 March 2017, displaying...

Lagarde, IMF MD, concludes her visit to Kampala

Lagarde, IMF MD, concludes her…

Thursday, 02 February 2017 07:50

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued a statement on Saturday (28 January) as she concluded...

McCloskey Washing Systems to unveil Sandstorm 620 at CONEXPO

McCloskey Washing Systems to u…

Thursday, 02 February 2017 07:48

McCloskey International are to attend CONEXPO/CON-AGG 2017 in Las Vegas where McCloskey Washing Systems will unveil its eagerly anticipated Sandstorm...

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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