Report: African economies adapt to new environment and challenges

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African Review looks at how each African economies rate against one another and how the continent's economic diversity affects each...

Morocco and Nigeria announce Trans-African pipeline

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The new partnership between Ithmar Capital, Morocco's Sovereign Wealth Fund, and Nigeria's Sovereign Investment Authority will support the pipeline and...

Nigeria to host National Mining Summit alongside ConMin West Africa 2017

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Monday, 05 December 2016 07:03

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Copper and platinum prices hold key to nickel recovery

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Wednesday, 30 November 2016 15:44

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Société Générale forms alliance with Amex in Africa

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Wednesday, 30 November 2016 11:59

American Express has struck a merchant acquiring partnership with French financial services corporation Société Générale in eight sub-Saharan African countries

Brexit agenda 'will not keep Africa in the dark'

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Tuesday, 29 November 2016 13:03

Britain's Brexit decision does not mean the country will shun relations with Africa but reassurances are needed to forge sustainable...

Africa Energy Forum to welcome Africa’s power sector leaders to Denmark

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Zest Energy provides backup power at Mozambique graphite mine

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Mining operations at one of the world's largest high-grade graphite deposits located in Mozambique's Balama town are set to benefit...

Nigeria and Singapore sign bilateral agreement

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Friday, 25 November 2016 07:56

The Federal Executive Council (FEC) has approved the bilateral agreement for the avoidance of double taxation and prevention of physical...

GE's Steam Power System wins gold

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Friday, 25 November 2016 07:44

GE's Steam Power Systems has won the Global IPMA Project Excellence Gold Award for its work at South Africa's Medupi...

Caterpillar adds frontless hydraulic shovels to machine line-up

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Thursday, 24 November 2016 11:04

Caterpillar OEM Solutions is extending its large machine product assortment with the launch of the Cat Frontless Hydraulic Shovels to...

AfDB approves US$75mn investment in East African enterprises

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Thursday, 24 November 2016 07:49

AfDB approves US$75mn financial package to complement Diamond Trust Bank’s funding to small and medium sized enterprises in East Africa

Rosatom agreement with Dassault "boosts African construction"

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Thursday, 24 November 2016 07:14

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MAN Trucks opens new dealerships in Morocco

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Wednesday, 23 November 2016 07:00

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Deutz premieres new TCD 9.0 engine at Bauma China 2016

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Tuesday, 22 November 2016 07:25

Deutz has premiered its new TCD 9.0 four-cylinder diesel engine at Asia's largest trade fair for construction equipment, broadening its...

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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